Find a Bankruptcy Lawyer in Acton Massachusetts
An Acton, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who cannot make ends meat, Chapter 7 provides a Fresh Start. Chapter 7 erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals maintain or keep current assets and personal belongings after filing chapter 7. Massachusetts state and Federal law dictate what people are allowed to retain (“Massachusetts State Exemptions”). Our firm will counsel you determine what property you are allowed to keep and what capital, if any, is at risk. Typically, under Massachusettslaw, individuals retain their homes, automobiles, clothes, home furnishings, wedding rings, retirement investments, and personal possessions.
Can an Acton Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumors thatBankruptcy requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 requirements did change, most debtors are still able to qualify and file for Bankruptcy. The new law introduced the “means test”, which is based on IRS standards and median incomes. We understand the means test and the requirements to qualify for Chapter 7.
- Eliminate Credit Card Debt
- Stop Creditor Harassment
- Eliminate Repossession Delinquencies
- Stop Credit Card lawsuits
- Stop Wage Garnishments