Find a Bankruptcy Lawyer in Newburyport Massachusetts
A Newburyport, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who qualify, 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 peopleidividuals maintain or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law authorize what individuals are authorized to retain (“Massachusetts State Exemptions”). Our firm will advise you find out what belongings you are allowed to keep and what belongings, if any, is at risk. Undoubtedly, under Massachusettsstatutes, most keep their homes, transportation, clothes, home furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a Newburyport Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumors thatChapter 7 rules changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy laws did adjust, most individuals 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