Find a Bankruptcy Lawyer in North Andover Massachusetts
A North Andover, 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 eliminates most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most peopleidividuals maintain or keep current assets and personal possessions after filing chapter 7. Massachusetts state and Federal law dictate what people are authorized to keep (“Massachusetts State Exemptions”). Our firm will help you determine what possessions you are permitted to keep and what assets, if any, is at risk. More than likely, under Massachusettsrules, individuals retain their homes, cars, clothes, furniture, jewelry, 401(k), IRA, and personal possessions.
Can a North Andover Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumblings thatChapter 7 rules changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Bankruptcy laws did evolve, most debtors 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
