Find a Bankruptcy Lawyer in Bridgewater Massachusetts
A Bridgewater, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who meet basic requirements, Bankruptcy provides a Fresh Start. Bankruptcy erases most financial burdens, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most peopleidividuals keep or keep cash reserves and personal belongings after filing chapter 7. Massachusetts state and Federal law authorize what debtors are entitled to retain (“Massachusetts State Exemptions”). Our firm will advise you determine what property you are allowed to keep and what assets, if any, is at risk. More than likely, under Massachusettslaw, debtors keep their homes, automobiles, clothes, home furnishings, wedding rings, retirement savings, and personal possessions.
Can a Bridgewater Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumblings thatBankruptcy requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 rules did evolve, most debtors are still able to qualify and file for Chapter 7. The new rules 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