Find a Bankruptcy Lawyer in Sherborn Massachusetts
A Sherborn, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Bankruptcy can give a Fresh Start. Chapter 7 eliminates most debts, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals maintain or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law determine what individuals are entitled to keep (“Massachusetts State Exemptions”). Our firm will advise you find out what possessions you are permitted to keep and what belongings, if any, is at risk. Typically, under Massachusettsstatutes, debtors keep their homes, cars, clothes, furnishings, wedding rings, retirement investments, and personal possessions.
Can a Sherborn Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatBankruptcy rules changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Chapter 7 rules did change, most individuals are still meet the requirements and qualify and file for Chapter 7. 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