Find a Bankruptcy Lawyer in Reading Massachusetts
A Reading, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who cannot make ends meat, Bankruptcy provides a Fresh Start. Bankruptcy wipes away most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most peopleidividuals retain or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law determine what debtors are entitled to keep (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are permitted to keep and what assets, if any, is at risk. More often than not, under Massachusettslaw, individuals do not lose their homes, cars, clothes, furniture, wedding rings, retirement investments, and personal possessions.
Can a Reading Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumblings thatBankruptcy laws changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 rules did change, most individuals are still able to qualify and file for Chapter 7. 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