Find a Bankruptcy Lawyer in Danvers Massachusetts
A Danvers, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who pass the means test, Chapter 7 provides a Fresh Start. Bankruptcy eliminates most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals keep or keep assets and personal possessions after filing chapter 7. Massachusetts state and Federal law describe what debtors are entitled to retain (“Massachusetts State Exemptions”). Our firm will advise you find out what belongings you are permitted to keep and what capital, if any, is at risk. More often than not, under Massachusettslaw, individuals keep their homes, cars, apparel, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can a Danvers Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumblings thatChapter 7 rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 requirements did change, most debtors are still meet the requirements and qualify and file for Bankruptcy. 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