Find a Bankruptcy Lawyer in Marlborough Massachusetts
A Marlborough, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those facing financial difficulty who pass the means test, Bankruptcy provides 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 idividuals maintain or keep current assets and personal belongings after filing chapter 7. Massachusetts state and Federal law determine what individuals are entitled to retain (“Massachusetts State Exemptions”). Our firm will counsel you determine what property you are permitted to keep and what capital, if any, is at risk. Undoubtedly, under Massachusettslaw, most do not lose their homes, cars, clothes, home furnishings, jewelry, 401(k), IRA, and personal possessions.
Can a Marlborough Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors thatChapter 7 rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 laws did evolve, most individuals 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