Find a Bankruptcy Lawyer in Waltham Massachusetts
A Waltham, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Chapter 7 provides a Fresh Start. Chapter 7 erases most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals retain or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what individuals are entitled to possess (“Massachusetts State Exemptions”). Our firm will advise you determine what belongings you are allowed to keep and what capital, if any, is at risk. Typically, under Massachusettslaw, most keep their homes, automobiles, apparel, home furnishings, wedding rings, retirement savings, and personal possessions.
Can a Waltham Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard chatter thatBankruptcy laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Liquidation bankruptcy rules did change, most people are still meet the requirements and qualify and file for Chapter 7. 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