Find a Bankruptcy Lawyer in Wrentham Massachusetts
A Wrentham, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who cannot make ends meat, Liquidation Bankruptcy provides a Fresh Start. Bankruptcy erases most debts, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most peopleidividuals retain or keep current assets and personal belongings after filing chapter 7. Massachusetts state and Federal law authorize what individuals are allowed to possess (“Massachusetts State Exemptions”). Our firm will help you find out what property you are approved to keep and what assets, if any, is at risk. More often than not, under Massachusettsrules, debtors keep their homes, cars, apparel, home furnishings, jewelry, 401(k), IRA, and personal possessions.
Can a Wrentham Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumblings thatBankruptcy requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 laws did change, most people are still able to 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