Nashwaty & Rand Bankruptcy Law

Greater Boston Bankruptcy Attorneys

Bankruptcy is a federal law protecting any debtor with more debt than assets.  It also protects an individual from being deprived of necessary living expenses to service monthly debt.  Its function

Bankruptcy is a federal law protecting any debtor with more debt than assets.  It also protects an individual from being deprived of necessary living expenses to service monthly debt.  Its function is to protect against mounting debt, when your monthly income is not enough to pay all of your monthly living and debt expenses. Visit our site at http://www.GreaterBostonLaw.com .

Chapter 7 allows for qualified debtors to obtain a discharge of most debt, allowing for a "fresh start".  To qualify, your income must be below the median income for your state and household size.  A "means test is used to determine your eligibility to file under Chapter 7.

Chapter 13 provides for one monthly payment to a Trustee.  The payment plan lasts from 3 to 5 years.  You get to keep your assets.  At the end of the plan, remaining debt is discharged.  Chapter 13 is useful if you are behind on mortgage payments or if your income is too high to qualify for filing under Chapter 7.

Or, you may need skilled communication resulting from years of experience in the field of debt management and re-structuring.  We have the experience to know what you need and to make it so.

If you think you need help in avoiding foreclosure, managing your debt, or working with your creditors, contact us for an assessment and fee quote.

Fill in the fields below and we will contact you with an initial assessment of the course you should choose.

Articles Written

How Is a HELOC Treated in Bankruptcy?

Created On: 11/15/2010

How a home equity line of credit (HELOC) is treated in bankruptcy depends on what type of bankruptcy you file -- Chapter 7 or Chapter 13.

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Nashawaty & Rand, (Braintree, MA)

Partner, 1981 - present

Attorney Nashawaty attended Boston College and earned his degree of Juris Doctor Magna Cum Laude from the New England School of Law in 1981. A published member of law review, his 1981 article on securities law in the New England Law Review earned him a Certificate of High Merit from the New England Shool of Law faculty. His scholastic achievement, including a class standing of 5th out of 162 graduates, earned him the prestigious Khalil Gibran Scholarship. His areas of concentration focus on asset management and preservation, including real estate law, business law, family law and civil litigation. He has represented institutional lenders in connection with thousands of real estate closings and he is a title insurance agent for the major title insurers writing in Massachusetts. Attorney Nashawaty is admitted to practice before the Massachusetts Bar and the United States District Court. He is a member of the Massachusetts Bar Association, Massachusetts Academy of Trial Attorneys and the Massachusetts Real Estate Bar Association.

Boston College

New England School of Law

Attorney Nashawaty attended Boston College and earned his degree of Juris Doctor Magna Cum Laude from the New England School of Law in 1981.  A published member of law review, his 1981 article on securities law in the New England Law Review earned him a Certificate of High Merit from the New England Shool of Law faculty. His scholastic achievement, including a class standing of 5th out of 162 graduates, earned him the prestigious Khalil Gibran Scholarship. His areas of concentration focus on asset management and preservation, including real estate law, business law, family law and civil litigation. He has represented institutional lenders in connection with thousands of real estate closings and he is a title insurance agent for the major title insurers writing in Massachusetts. Attorney Nashawaty is admitted to practice before the Massachusetts Bar and the United States District Court. He is a member of the Massachusetts Bar Association, Massachusetts Academy of Trial Attorneys and the Massachusetts Real Estate Bar Association.

Massachusetts Bar Association (MA)

National Association of Consumer Bankruptcy Attorneys

Massachusetts Academy of Trial Attorneys

Massachusetts Real Estate Bar Association

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Nicholas T. Nashawaty

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Location : Braintree, MA

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