Find a Bankruptcy Lawyer in Boxborough Massachusetts
A Boxborough, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who pass the means test, Chapter 7 can give a Fresh Start. Chapter 7 wipes away most debts, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals keep or keep assets and personal property after filing chapter 7. Massachusetts state and Federal law authorize what debtors are entitled to possess (“Massachusetts State Exemptions”). Our firm will counsel you find out what belongings you are permitted to keep and what belongings, if any, is at risk. Undoubtedly, under Massachusettsstatutes, debtors do not lose their homes, automobiles, apparel, furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a Boxborough Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors that Bankruptcy requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Bankruptcy laws did evolve, most debtors 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. 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
