Find a Bankruptcy Lawyer in Malden Massachusetts
A Malden, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who pass the means test, Liquidation Bankruptcy can give a Fresh Start. Bankruptcy wipes away most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals maintain or keep cash reserves and personal belongings after filing chapter 7. Massachusetts state and Federal law determine what individuals are authorized to possess (“Massachusetts State Exemptions”). Our firm will advise you find out what property you are permitted to keep and what property, if any, is at risk. More than likely, under Massachusettsstatutes, individuals retain their homes, automobiles, apparel, furnishings, wedding rings, retirement investments, and personal possessions.
Can a Malden Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors thatBankruptcy laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Bankruptcy laws did change, 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. 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