Find a Bankruptcy Lawyer in East Bridgewater Massachusetts
A East Bridgewater, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who meet basic requirements, Chapter 7 provides a Fresh Start. Bankruptcy eliminates most financial burdens, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most peopleidividuals retain or keep available means and personal property after filing chapter 7. Massachusetts state and Federal law authorize what individuals are authorized to keep (“Massachusetts State Exemptions”). Our firm will help you determine what possessions you are approved to keep and what assets, if any, is at risk. Typically, under Massachusettsstatutes, debtors keep their homes, transportation, clothes, furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a East Bridgewater Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard chatter thatBankruptcy rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Chapter 7 laws did evolve, most individuals are still able to 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