Find a Bankruptcy Lawyer in Carlisle Massachusetts
A Carlisle, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who meet basic requirements, Bankruptcy can give a Fresh Start. Chapter 7 erases most financial burdens, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most peopleidividuals maintain or keep available means and personal belongings after filing chapter 7. Massachusetts state and Federal law dictate what individuals are authorized to possess (“Massachusetts State Exemptions”). Our firm will advise you find out what possessions you are approved to keep and what property, if any, is at risk. More often than not, under Massachusettsstatutes, individuals retain their homes, automobiles, apparel, furnishings, jewelry, retirement savings, and personal possessions.
Can a Carlisle Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard chatter thatChapter 7 laws changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Liquidation bankruptcy requirements did change, most debtors 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. 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