Bankruptcy
My Grandfather, Philip T. Lynch, went to work for the Greenfield Tap and Die Company in Greenfield, Massachusetts and he worked their for 48 years until he retired at age 62. As far as I know my grandfather only had one job in his entire working career. Phillip Lynch raised four children, he lived in a nice home, he had no credit card debts and when he and my Grandmother past away they had money in the Bank.
The reason I am sharing my family story with you is because your Grandparents were probably just like mine. However, the financial pressures we are facing today are totally different than what our Granparents faced. Yes, we have all heard those stories of the Great Depression, but for the most part our parents and grandparents experienced many years of prosperity and stable employment.
We are now in a New Economy. Stability does not seem to exist anymore and many people are finding themselves out of work every 2-5 years. Frequently, my Bankruptcy clients have jobs, but the jobs they now have are paying half or one third of what their prior jobs paid.
Bankruptcy Law is Federal Law and is authorized by article I of the United States Constitution. There are two general forms of relief in Bankruptcy. 1. Liquidations and 2. Reorganization. The firm offers a free initial consultation to discuss your financial situation. In many cases the firm can help restructure your finances and avoid a Bankruptcy. In other cases, Bankruptcy is an effective legal procedure that will relieve financial pressure and allow you to have a fresh start.
This firm can assist you with:
- Chapter 7 Bankruptcy (Liquidation)
- Chapter 13 Bankruptcy (Reorganization)
- Chapter 11 Bankruptcy (Reorganization)