Find a Bankruptcy Lawyer in Winchester Massachusetts
A Winchester, 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. Bankruptcy eliminates most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals retain or keep cash reserves and personal property after filing chapter 7. Massachusetts state and Federal law describe what people are authorized to retain (“Massachusetts State Exemptions”). Our firm will advise you find out what belongings you are permitted to keep and what belongings, if any, is at risk. More than likely, under Massachusettslaw, individuals do not lose their homes, transportation, clothes, furniture, wedding rings, retirement investments, and personal possessions.
Can a Winchester Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatBankruptcy rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 laws did adjust, most people 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