Find a Bankruptcy Lawyer in Norfolk Massachusetts
A Norfolk, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who meet basic requirements, Chapter 7 can give a Fresh Start. Chapter 7 erases most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals keep or keep current assets and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what debtors are authorized to possess (“Massachusetts State Exemptions”). Our firm will advise you determine what possessions you are permitted to keep and what capital, if any, is at risk. More often than not, under Massachusettslaw, individuals do not lose their homes, automobiles, apparel, furniture, wedding rings, retirement investments, and personal possessions.
Can a Norfolk Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumblings thatBankruptcy rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy laws did evolve, most debtors are still able to qualify and file for Chapter 7. 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