Find a Bankruptcy Lawyer in Medway Massachusetts
A Medway, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who pass the means test, Liquidation Bankruptcy offers a Fresh Start. Bankruptcy erases most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals keep or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law dictate what debtors are entitled to keep (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are permitted to keep and what property, if any, is at risk. Typically, under Massachusettsrules, individuals retain their homes, cars, clothes, home furnishings, wedding rings, retirement savings, and personal possessions.
Can a Medway Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatChapter 7 requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Liquidation bankruptcy requirements did adjust, most people are still able to qualify and file for Bankruptcy. The new rules 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