Find a Bankruptcy Lawyer in Amesbury Massachusetts
An Amesbury, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who pass the means test, Liquidation Bankruptcy can give a Fresh Start. Bankruptcy erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals keep or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law determine what people are authorized to possess (“Massachusetts State Exemptions”). Our firm will counsel you determine what belongings you are allowed to keep and what capital, if any, is at risk. More than likely, under Massachusettsrules, debtors retain their homes, transportation, apparel, home furnishings, jewelry, retirement investments, and personal possessions.
Can an Amesbury Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Bankruptcy requirements did change, most debtors are still able to qualify and file for Bankruptcy. The new rules 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