Bankruptcy Page of Fiorentini Law Office

Fiorentini Law Office

Bankruptcy Page
166 Kenoza Avenue
Route 110
Haverhill, MA 01830
978 374-0596; 800 834-6964 (MA and NH)
jimfior02@aol.com
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Welcome to the Fiorentini Law Office Bankruptcy Page, offering specialized bankruptcy information.

Celebrating over a quarter century of excellence.

Licensed in Massachusetts and New Hampshire.

Call us for a free consultation at 1-800-834-6964

This page is devoted to our bankruptcy practice.

If you are looking for our personal injury and general practice page, click here: Fiorentini Law Office

If you are looking for our City Council web page, click here: http://www.jimfiorentini.com/

If you are looking for our personal injury page, click here

Qualifications

James J. Fiorentini, Esq. Over a quarter of a century experience in handling consumer bankruptcies, licensed Massachusetts and New Hampshire. Attorney Fiorentini is a graduate of Tufts University and the Northeastern University School of Law. He has been a member of the Mass Bar since 1973 and the New Hampshire Bar since 1990.

William F. Smith: Honors Graduate Boston College, Graduate, Massachusetts School of Law

Martha J. Fiorentini, bankruptcy paralegal (Not a lawyer) : Graduate Merrimack College; Rivier College paralegal program.

A brief outline of bankruptcy:

Bankruptcy allows a person to file a bankruptcy petition in Federal Court, discharge debts and get a fresh start in life.

The Procedure

The process begins with a petition in the Federal Bankruptcy Court listing assets, debts and describing your financial affairs. A trustee is appointed to oversee the process of distributing the assets.

Once a petition is filed, you obtain the benefit of an "automatic stay" of any proceedings against you. This immediately stops pending court actions, foreclosures, evictions, harassing telephone calls from creditors, utility shutoffs-virtually anything being done as a result of your financial problems. Like to know more? Click here.

Should you file bankruptcy?

What you can save if you go bankrupt:

Even if you declare bankruptcy, there are certain items you are allowed to keep. These items are called exemptions. Need to know more? Click here.

You are allowed to chose between Federal bankruptcy exemptions and State exemption. You can not mix and match, you must chose which of the two exemptions you like. The Federal exemptions are listed at http://www.berkshire.net/~mkb/bc522d.html. The Massachusetts State exemptions include a Homestead exemption, which as of November 2000 allows you to keep $300,000 in equity in your home. There is an excellent article on the Massachusetts Homestead law at http://www.lawlib.state.ma.us/homestead.html. To learn more about Homesteads and to read our law firm article about exemptions, click here.

Bankruptcy Law Links for Professionals

Here are some good bankruptcy links for professionals. We accept bankruptcy referrals from other attorneys. Call us at 1-978-374-0596. Bankruptcy law prohibits the paying of a referral fee.

	U.S. Bankruptcy Code
	Bankruptcy Reform Act of 1994
	Bankruptcy Decisions of The United States Supreme Court (Since May 1990)
	Bankruptcy Creditors' Service
	Search decisions of U.S. Bankruptcy Court (D. Mass)
	ABI World-- The American Bankruptcy Institute, premier site for bankruptcy information on the web