Find a Bankruptcy Lawyer in Cohasset Massachusetts
A Cohasset, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who qualify, Chapter 7 provides a Fresh Start. Bankruptcy erases most debts, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law authorize what debtors are authorized to possess (“Massachusetts State Exemptions”). Our firm will advise you find out what possessions you are allowed to keep and what capital, if any, is at risk. Undoubtedly, under Massachusettsstatutes, debtors do not lose their homes, automobiles, clothes, furniture, jewelry, 401(k), IRA, and personal possessions.
Can a Cohasset Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatBankruptcy laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Liquidation bankruptcy requirements did change, most debtors 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