Find a Bankruptcy Lawyer in Billerica Massachusetts
A Billerica, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those facing financial difficulty who qualify, Liquidation Bankruptcy provides a Fresh Start. Bankruptcy erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep available means and personal property after filing chapter 7. Massachusetts state and Federal law determine what individuals are entitled to keep (“Massachusetts State Exemptions”). Our firm will counsel you find out what property you are permitted to keep and what property, if any, is at risk. More than likely, under Massachusettsrules, most keep their homes, automobiles, clothes, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can a Billerica Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard chatter thatChapter 7 requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 rules did change, most debtors are still able to qualify and file for Bankruptcy. 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
