Find a Bankruptcy Lawyer in Chelmsford Massachusetts
A Chelmsford, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who meet basic requirements, Liquidation Bankruptcy provides a Fresh Start. Bankruptcy erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals maintain or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law determine what people are allowed to possess (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are approved to keep and what belongings, if any, is at risk. Typically, under Massachusettsrules, most keep their homes, automobiles, clothes, furniture, jewelry, 401(k), IRA, and personal possessions.
Can a Chelmsford Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatBankruptcy requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 rules did adjust, most people are still meet the requirements and 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