Find a Bankruptcy Lawyer in Braintree Massachusetts
A Braintree, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who qualify, Chapter 7 offers a Fresh Start. Chapter 7 erases most financial burdens, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals retain or keep cash reserves and personal property after filing chapter 7. Massachusetts state and Federal law authorize what people are authorized to retain (“Massachusetts State Exemptions”). Our firm will help you determine what belongings you are allowed to keep and what property, if any, is at risk. Typically, under Massachusettsrules, individuals do not lose their homes, automobiles, apparel, home furnishings, jewelry, retirement investments, and personal possessions.
Can a Braintree Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumblings thatChapter 7 requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Bankruptcy rules did evolve, most debtors 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