Filing for Chapter 7 Bankruptcy in Maine
"Liquidation"
Consumers or business, so deeply in debt that a reorganization could not solve the credit problems, may liquidate their assets to remove debt. If you meet the requirements, a Chapter 7 bankruptcy could help you move quickly past debt and begin a fresh start. Liquidation can be a difficult process, but some property is exempt from the reach of creditors. We will work together to protect your most critical assets, and can often save houses and cars from repossession.
Why Choose Chapter 13 Over Chapter 7?
Although some people may not meet Chapter 13 requirements, Molleur Law Office encourages you to research the benefits of a reorganization before you meet with bankruptcy counsel.
Details of Chapter 7
While there is a perception that bankruptcy clears the debtor of all commitments, there are a number of non-dischargeable debts that must be paid for over time. You cannot clear recent taxes, student loans, child support, and other well-defined debts. If you have any questions regarding non-dischargeable debts, please review our Chapter 7 resources and then schedule an appointment to discuss your options.
There are also numerous restrictions in Maine regarding your actions prior to a Chapter 7 bankruptcy. Before liquidation, it is unlawful to spend large amounts of money or transfer possessions that would otherwise be used to repay your creditors. our Chapter 7 resources address many of these transfer details.
Schedule an Appointment
If you feel that a Chapter 7 liquidation is the path you need to regain control of your finances, please schedule an appointment to meet with us. Molleur Law Office has been filing Chapter 7 bankruptcies in Maine for over 30 years, creating new financial futures for consumers and businesses.
Molleur Law Office, Biddeford419 Alfred Street |
Biddeford Hours
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Molleur Law Office, Portland
537 Congress Street, Suite 411 |
Portland Hours
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- 07/26/12 - Introduction to Bankruptcy (Video & Transcript)
- 01/04/10 - 2009 Bankruptcy Filings Up
- 08/29/09 - Phantom Expenses on Means Test
- 05/11/09 - Unlisted Debts Not Discharged
- 04/05/09 - First Circuit Allows Homestead Exemption
- 03/19/09 - BAP Reverses Bankruptcy Court
- 03/08/07 - Debt Consolidation Programs: Bankruptcy Can be a Better Option
- 11/29/06 - Why Choose Chapter 13 Over Chapter 7?
- 11/05/06 - Dischargeability of Taxes
- 09/14/06 - Winners and Losers under BAPCPA
What our clients are saying
Jen, I think that I'm going to shoot for the 24th. Id rather be safe than sorry. I can not tell you how much of a releif this is. I don't know how we could ever thank you and your team for all of your hardwork. You are truely an ANGEL and my kids are psyched that they do not have to...
NOTE: Molleur Law Office cannot offer specific debt relief advice or bankruptcy representation through
online or phone communications. Contact: (207) 283-3777, or email info@molleurlaw.com to set-up a Debt Relief Consultation.
James F. Molleur, Tanya Sambatakos, Andrea Stark, Jennifer Hayden and Barry Schklair, bankruptcy lawyers located in Portland, ME and Biddeford, Maine —certified in Maine as a bankruptcy specialist by the American Board of Certification. Licensed bankruptcy attorneys serving Maine and Massachussets. Molleur Law Office - James F. Molleur—Maine Debt Relief Agency and bankruptcy counseling for individuals & businesses in Biddeford, Portland, Sanford and throughout Southern Maine. Maine's only certified Consumer Bankruptcy Law Attorney also offers assistance to prevent foreclosure, file Chapter 7, Chapter 13 and more. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.