Find a Bankruptcy Lawyer in Concord Massachusetts
A Concord, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who meet basic requirements, Chapter 7 offers a Fresh Start. Bankruptcy eliminates most financial burdens, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals maintain or keep assets and personal possessions after filing chapter 7. Massachusetts state and Federal law authorize what people are authorized to retain (“Massachusetts State Exemptions”). Our firm will advise you determine what possessions you are allowed to keep and what property, if any, is at risk. Undoubtedly, under Massachusettslaw, individuals keep their homes, cars, apparel, furnishings, wedding rings, retirement savings, and personal possessions.
Can a Concord Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors thatChapter 7 laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Bankruptcy laws did change, most people 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