Find a Bankruptcy Lawyer in Foxborough Massachusetts
A Foxborough, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those facing financial difficulty who qualify, Chapter 7 can give a Fresh Start. Bankruptcy erases most financial burdens, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals keep or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what people are authorized to retain (“Massachusetts State Exemptions”). Our firm will advise you find out what possessions you are allowed to keep and what property, if any, is at risk. Typically, under Massachusettsrules, most keep their homes, cars, clothes, furnishings, jewelry, 401(k), IRA, and personal possessions.
Can a Foxborough Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatChapter 7 laws changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy requirements did evolve, most people 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. 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