Find a Bankruptcy Lawyer in Westford Massachusetts
A Westford, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who pass the means test, Chapter 7 can give a Fresh Start. Chapter 7 eliminates most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law dictate what individuals are allowed to keep (“Massachusetts State Exemptions”). Our firm will counsel you find out what belongings you are permitted to keep and what property, if any, is at risk. Typically, under Massachusettsrules, individuals retain their homes, cars, apparel, furniture, jewelry, 401(k), IRA, and personal possessions.
Can a Westford Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard chatter thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy laws did change, most people 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. 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