Find a Bankruptcy Lawyer in Boxford Massachusetts
A Boxford, 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. Chapter 7 erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals maintain or keep cash reserves and personal possessions after filing chapter 7. Massachusetts state and Federal law dictate what individuals are authorized to retain (“Massachusetts State Exemptions”). Our firm will help you find out what property you are permitted to keep and what capital, if any, is at risk. More often than not, under Massachusettsstatutes, debtors keep their homes, automobiles, apparel, furniture, jewelry, retirement savings, and personal possessions.
Can a Boxford Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumblings thatChapter 7 laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy requirements did adjust, most people 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