Find a Bankruptcy Lawyer in Norwell Massachusetts
A Norwell, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who qualify, Liquidation Bankruptcy can give a Fresh Start. Chapter 7 erases most debts, including charge 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 determine what people are allowed to retain (“Massachusetts State Exemptions”). Our firm will counsel you find out what belongings you are permitted to keep and what capital, if any, is at risk. More than likely, under Massachusettsrules, most retain their homes, automobiles, apparel, home furnishings, jewelry, retirement savings, and personal possessions.
Can a Norwell Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Bankruptcy requirements did change, most debtors 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. 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