Find a Bankruptcy Lawyer in Bedford Massachusetts
A Bedford, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who qualify, Chapter 7 can give a Fresh Start. Chapter 7 eliminates most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals keep or keep assets and personal property after filing chapter 7. Massachusetts state and Federal law authorize what debtors are allowed to keep (“Massachusetts State Exemptions”). Our firm will advise you find out what property you are allowed to keep and what belongings, if any, is at risk. More often than not, under Massachusettslaw, individuals do not lose their homes, transportation, clothes, furnishings, jewelry, retirement savings, and personal possessions.
Can a Bedford Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumblings thatChapter 7 laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Chapter 7 laws did adjust, most individuals 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