Find a Bankruptcy Lawyer in Revere Massachusetts
A Revere, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who pass the means test, Chapter 7 provides a Fresh Start. Bankruptcy eliminates 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 describe what individuals are authorized to possess (“Massachusetts State Exemptions”). Our firm will help you determine what possessions you are permitted to keep and what belongings, if any, is at risk. More often than not, under Massachusettsstatutes, debtors retain their homes, transportation, clothes, home furnishings, jewelry, retirement savings, and personal possessions.
Can a Revere Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 requirements did change, most debtors are still able to qualify and file for Bankruptcy. 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