Find a Bankruptcy Lawyer in Ayer Massachusetts
An Ayer, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those facing financial difficulty who cannot make ends meat, Chapter 7 provides a Fresh Start. Chapter 7 eliminates most financial burdens, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals keep or keep cash reserves and personal possessions after filing chapter 7. Massachusetts state and Federal law dictate what individuals are authorized to keep (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are approved to keep and what assets, if any, is at risk. Undoubtedly, under Massachusettslaw, most do not lose their homes, automobiles, clothes, home furnishings, wedding rings, retirement savings, and personal possessions.
Can an Ayer Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard chatter thatBankruptcy rules changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Chapter 7 requirements did evolve, most debtors are still able to qualify and file for Chapter 7. The new law introduced the “means test”, which is based on IRS standards and median incomes. Our Attorneys 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