Find a Bankruptcy Lawyer in Plainville Massachusetts
A Plainville, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who cannot make ends meat, Chapter 7 offers a Fresh Start. Chapter 7 eliminates most debts, including credit 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 describe what people are authorized to keep (“Massachusetts State Exemptions”). Our firm will help you determine what possessions you are allowed to keep and what assets, if any, is at risk. Undoubtedly, under Massachusettsstatutes, most retain their homes, cars, clothes, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can a Plainville Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors thatChapter 7 laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy laws did change, 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