Find a Bankruptcy Lawyer in Lexington Massachusetts
A Lexington, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who cannot make ends meat, Liquidation Bankruptcy provides a Fresh Start. Bankruptcy eliminates most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals retain or keep current assets and personal possessions after filing chapter 7. Massachusetts state and Federal law determine what debtors are allowed to possess (“Massachusetts State Exemptions”). Our firm will counsel you find out what property you are permitted to keep and what belongings, if any, is at risk. More than likely, under Massachusettsstatutes, most retain their homes, transportation, clothes, furnishings, wedding rings, retirement savings, and personal possessions.
Can a Lexington Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard chatter thatBankruptcy laws changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 laws did adjust, most people are still able to qualify and file for Bankruptcy. The new law 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