Find a Bankruptcy Lawyer in Stow Massachusetts
A Stow, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who qualify, Chapter 7 provides a Fresh Start. Bankruptcy erases most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals retain or keep current assets and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what people are authorized to possess (“Massachusetts State Exemptions”). Our firm will advise you find out what property you are allowed to keep and what property, if any, is at risk. More often than not, under Massachusettsrules, individuals keep their homes, cars, clothes, furnishings, wedding rings, retirement investments, and personal possessions.
Can a Stow Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumblings thatChapter 7 laws changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Chapter 7 requirements did evolve, most people are still meet the requirements and qualify and file for Bankruptcy. 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