Find a Bankruptcy Lawyer in Tyngsborough Massachusetts
A Tyngsborough, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Liquidation Bankruptcy provides a Fresh Start. Chapter 7 wipes away most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals keep or keep current assets and personal belongings after filing chapter 7. Massachusetts state and Federal law authorize what people are allowed to retain (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are approved to keep and what capital, if any, is at risk. More than likely, under Massachusettsstatutes, most do not lose their homes, cars, clothes, furnishings, jewelry, retirement investments, and personal possessions.
Can a Tyngsborough Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumblings thatBankruptcy requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy laws did change, most individuals are still meet the requirements and qualify and file for Bankruptcy. The new rules 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