Phone: 617-338-9080
Fax: 617-275-8990
Law Offices of Timothy Mauser's Websites:
www.mauserlaw.com
www.bostonchapter7attorney.com
www.bostonchapter13attorney.com
www.bostonchapter11attorney.com
Counties Served:
| Essex | Middlesex |
| Norfolk | Suffolk |
| Worcester | |
Areas of Practice:
Bankruptcy
Timothy M. Mauser has practiced Bankruptcy Law for over 20 years, for both consumer and business bankruptcy clients. The attorneys and staff at the Law Offices of Timothy M. Mauser, Esq. practice bankruptcy law and consumer debt relief exclusively. Whether you are interested in a Short Sale or a Bankruptcy, please call Mr. Mauser to arrange for a personal free consultation.
"Bankruptcy" refers to a federal code of laws and set of rules which are designed to help a debtor, whether an individual or a business, who is facing more debt than he, she, or it can afford to pay, achieve a fresh start. Bankruptcy permits the debtor to work out a plan to repay some or all of the debt, or to have some of the debt forgiven. The bankruptcy laws give the debtor protections and benefits that are not available outside of bankruptcy. Most notably, bankruptcy laws may provide for some debt forgiveness and typically require that creditors stop all collection efforts against the debtor while the debtor is working out a plan and/or awaiting a discharge of debts. The bankruptcy laws require that the debtor make full disclosure of all assets, liabilities and other financial information, and that the debtor either (1) surrender non-exempt assets for liquidation and distribution to creditors or (2) formulate and follow through on a plan of reorganization and debt repayment that provides creditors with at least as much as they would receive if the debtor's assets were liquidated and distributed to creditors. Bankruptcy cases are adjudicated by the bankruptcy court, a federal court which is a unit of the U.S. District Court in each jurisdiction.
To learn more visit www.mauserlaw.com or call 617-338-9080.
Creditors are subject to state law provisions incorporated into bankruptcy cases. If a bankruptcy court lifts the automatic stay and permits a specific creditor to seize and liquidate property subject to a lien, creditors must obey all state law limitations on collection practices. For more information, see legal assistance for debtors. Also, all statutory provisions depend on conformity with the prohibition against fraudulent conversions creating exempt property.
