Find a Bankruptcy Lawyer in Rochester Massachusetts
A Rochester, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who cannot make ends meat, Chapter 7 provides a Fresh Start. Chapter 7 wipes away most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals retain or keep cash reserves and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what debtors are entitled to retain (“Massachusetts State Exemptions”). Our firm will counsel you find out what possessions you are allowed to keep and what property, if any, is at risk. More than likely, under Massachusettsstatutes, debtors retain their homes, transportation, apparel, home furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a Rochester Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatBankruptcy laws changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 laws did change, most debtors 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