Find a Bankruptcy Lawyer in North Reading Massachusetts
A North Reading, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Chapter 7 provides a Fresh Start. Bankruptcy erases most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep available means and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what people are authorized to keep (“Massachusetts State Exemptions”). Our firm will advise you determine what property you are allowed to keep and what property, if any, is at risk. More than likely, under Massachusettsrules, most retain their homes, cars, clothes, furniture, jewelry, retirement savings, and personal possessions.
Can a North Reading Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard chatter thatBankruptcy rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 requirements did change, most individuals are still meet the requirements and qualify and file for Bankruptcy. 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