Baker David G

The Law Office of David G. Baker is a legal practice based in Boston, Massachusetts, focusing on consumer bankruptcy law. The firm provides information regarding both Chapter 7 and Chapter 13 bankruptcy proceedings. Chapter 7 bankruptcy is a process that allows for the discharge of unsecured debts, such as credit card balances, after the liquidation of non-exempt assets. This type of bankruptcy aims to provide a fresh financial start for individuals. Chapter 13 bankruptcy, on the other hand, involves a repayment plan spanning three to five years, during which filers pay creditors what they can reasonably afford. Following this period, the remaining unpaid balance on unsecured debts is discharged. A benefit of Chapter 13 is the ability for debtors to keep all their property and catch up on payments for secured debts, including mortgages and car loans. Specific rules apply to the discharge of student loans, taxes, and divorce-related obligations. The firm also notes that creditors may sometimes request exceptions to the discharge for debts owed. However, the Law Office of David G. Baker is currently under a temporary suspension and cannot assist new clients.