Find a Bankruptcy Lawyer in Shirley Massachusetts
A Shirley, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Bankruptcy offers a Fresh Start. Chapter 7 erases most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most peopleidividuals retain or keep cash reserves and personal property after filing chapter 7. Massachusetts state and Federal law authorize 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 assets, if any, is at risk. Typically, under Massachusettslaw, individuals keep their homes, cars, clothes, furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a Shirley Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatBankruptcy requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy laws did evolve, 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