Find a Bankruptcy Lawyer in Lawrence Massachusetts
A Lawrence, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Chapter 7 can give a Fresh Start. Chapter 7 eliminates most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most peopleidividuals maintain or keep assets and personal possessions after filing chapter 7. Massachusetts state and Federal law describe what individuals are allowed to retain (“Massachusetts State Exemptions”). Our firm will counsel you find out what property you are allowed to keep and what assets, if any, is at risk. More than likely, under Massachusettsstatutes, debtors do not lose their homes, automobiles, apparel, furniture, wedding rings, retirement investments, and personal possessions.
Can a Lawrence Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard chatter thatBankruptcy laws changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy laws did evolve, most individuals 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