Find a Bankruptcy Lawyer in Hanover Massachusetts
A Hanover, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who pass the means test, Bankruptcy offers a Fresh Start. Chapter 7 erases most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals retain or keep available means and personal property after filing chapter 7. Massachusetts state and Federal law describe what individuals are allowed to keep (“Massachusetts State Exemptions”). Our firm will advise you find out what possessions you are approved to keep and what property, if any, is at risk. Typically, under Massachusettslaw, most keep their homes, transportation, apparel, home furnishings, wedding rings, retirement investments, and personal possessions.
Can a Hanover Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard chatter thatChapter 7 laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy rules did change, most individuals are still meet the requirements and qualify and file for Chapter 7. The new law 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