Find a Bankruptcy Lawyer in Ashland Massachusetts
An Ashland, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who meet basic requirements, Chapter 7 provides a Fresh Start. Bankruptcy wipes away most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals keep or keep available means and personal belongings after filing chapter 7. Massachusetts state and Federal law authorize what individuals are allowed to retain (“Massachusetts State Exemptions”). Our firm will counsel you determine what possessions you are approved to keep and what belongings, if any, is at risk. Typically, under Massachusettslaw, individuals do not lose their homes, automobiles, clothes, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can an Ashland Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatBankruptcy laws changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy laws did change, most individuals are still meet the requirements and qualify and file for Chapter 7. 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