New Hampshire Bankruptcy Lawyers and Foreclosure Attorneys

Do you have bills and debts you are struggling to pay? Are your monthly debts higher than your monthly income? Is your phone blowing up with collection calls? Are you getting threatening collection letters? If you need a solution for your overwhelming debt, you might want to consider filing for bankruptcy. Here you will find some pertinent information about filing for bankruptcy in New Hampshire.

What are the Benefits of Filing for Bankruptcy?

If you are thinking about filing for bankruptcy, but you are on the fence about what to do, it may be helpful to know some of the benefits of filing for bankruptcy. Below are some of the many benefits:

Allows you to save your home from foreclosure

Interest on some debts stops accumulating

Some debts are paid off for cents on the dollar

Certain debts are discharged altogether

Credit actions are immediately halted recommends you consult with a bankruptcy attorney in New Hampshire to learn more about the benefits of entering bankruptcy. We have experienced attorneys in Andover, Dover, and Rochester you can meet with and discuss if bankruptcy is right for you.

Personal Bankruptcy Structures

The vast majority of bankruptcies in the U.S. are personal bankruptcies. According to data from the U.S. Bankruptcy Courts, they received 793,932 personal bankruptcy petitions in 2016. A personal bankruptcy will give a person, the chance to pay off a fraction of their debts either through liquidation

Chapter 7-Liquidation

Chapter 7 allows a debtor to wipe away their debts after they liquidate their assets and give the proceeds to their creditors. Chapter 7 takes less time to complete than other bankruptcy structures. If you decide on liquidation, many of your debts will be discharged, and you are no longer liable for the remaining balance.

Exemptions for Chapter 7 in New Hampshire include:

Automobile up to $4,000


Home or property worth up to $50,000

Veterans benefits


Personal property including furniture, jewelry, and clothing

Tools of the trade


For a comprehensive list of bankruptcy exceptions visit ??

Chapter 13- Debt consolidation

When you file for Chapter 7 bankruptcy, you are required to pay off your debts over time through a structured repayment plan that your bankruptcy trustee devises. Chapter 13 bankruptcy can take three to five years to complete. Be aware that you will be required to apply all your disposable income towards paying your debt

Bankruptcy Trustees

When you file for bankruptcy, you will be assigned a bankruptcy trustee who will decide the amount you pay towards your debts and will be in charge of paying off your creditors.

Call a Bankruptcy Lawyer in New Hampshire

Don’t let your finances get too far out of control before you get the advice of an expert. can connect you with a bankruptcy lawyer near your location in New Hampshire and set up a consultation to hear your options for debt relief.