Find a Bankruptcy Lawyer in Millis Massachusetts
A Millis, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those facing financial difficulty who meet basic requirements, Liquidation Bankruptcy can give a Fresh Start. Chapter 7 wipes away most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most peopleidividuals maintain or keep assets and personal property after filing chapter 7. Massachusetts state and Federal law determine what debtors are authorized to retain (“Massachusetts State Exemptions”). Our firm will help you determine what property you are approved to keep and what property, if any, is at risk. More often than not, under Massachusettslaw, individuals retain their homes, transportation, apparel, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can a Millis Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumblings thatChapter 7 requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy requirements did adjust, most people are still able to qualify and file for Chapter 7. 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