Find a Bankruptcy Lawyer in Pepperell Massachusetts
A Pepperell, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Chapter 7 can give a Fresh Start. Chapter 7 eliminates most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals maintain or keep assets and personal possessions after filing chapter 7. Massachusetts state and Federal law determine what individuals are allowed to keep (“Massachusetts State Exemptions”). Our firm will counsel you find out what belongings you are permitted to keep and what property, if any, is at risk. More often than not, under Massachusettsrules, individuals do not lose their homes, cars, clothes, furnishings, jewelry, 401(k), IRA, and personal possessions.
Can a Pepperell Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard chatter thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy laws did change, most individuals are still able to qualify and file for Chapter 7. The new rules 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