Find a Bankruptcy Lawyer in Beverly Massachusetts
A Beverly, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Liquidation Bankruptcy can give a Fresh Start. Bankruptcy wipes away most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals keep or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law dictate what individuals are authorized to retain (“Massachusetts State Exemptions”). Our firm will counsel you determine what possessions you are approved to keep and what property, if any, is at risk. More than likely, under Massachusettsstatutes, debtors keep their homes, cars, clothes, furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a Beverly Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumblings thatBankruptcy requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy laws did change, most people are still meet the requirements and 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