Find a Bankruptcy Lawyer in Townsend Massachusetts
A Townsend, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who qualify, Liquidation Bankruptcy can give a Fresh Start. Bankruptcy wipes away most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals retain or keep available means and personal possessions after filing chapter 7. Massachusetts state and Federal law authorize what individuals are authorized to possess (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are allowed to keep and what belongings, if any, is at risk. Typically, under Massachusettsrules, most retain their homes, transportation, clothes, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can a Townsend Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumors thatBankruptcy rules changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Bankruptcy laws did adjust, most debtors 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. 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