Find a Bankruptcy Lawyer in Lynnfield Massachusetts
A Lynnfield, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Chapter 7 provides a Fresh Start. Chapter 7 erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals maintain or keep assets and personal possessions after filing chapter 7. Massachusetts state and Federal law authorize what people are allowed to possess (“Massachusetts State Exemptions”). Our firm will counsel you find out what possessions you are permitted to keep and what assets, if any, is at risk. More than likely, under Massachusettslaw, debtors do not lose their homes, transportation, clothes, furnishings, jewelry, retirement savings, and personal possessions.
Can a Lynnfield Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumblings thatChapter 7 rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy rules did evolve, 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