Find a Bankruptcy Lawyer in Cambridge Massachusetts
A Cambridge, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Liquidation Bankruptcy provides a Fresh Start. Bankruptcy wipes away most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep cash reserves and personal property after filing chapter 7. Massachusetts state and Federal law determine what debtors are allowed to possess (“Massachusetts State Exemptions”). Our firm will advise you determine what possessions you are approved to keep and what capital, if any, is at risk. More than likely, under Massachusettslaw, debtors do not lose their homes, automobiles, clothes, home furnishings, wedding rings, retirement savings, and personal possessions.
Can a Cambridge Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumors thatChapter 7 rules changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy laws did evolve, most individuals are still meet the requirements and qualify and file for Bankruptcy. 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