Find a Bankruptcy Lawyer in Hudson Massachusetts
A Hudson, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those facing financial difficulty who qualify, Chapter 7 provides a Fresh Start. Bankruptcy wipes away most financial burdens, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals keep or keep cash reserves and personal property after filing chapter 7. Massachusetts state and Federal law dictate what individuals are entitled to possess (“Massachusetts State Exemptions”). Our firm will counsel you determine what property you are permitted to keep and what property, if any, is at risk. More often than not, under Massachusettsrules, debtors do not lose their homes, transportation, apparel, home furnishings, jewelry, retirement savings, and personal possessions.
Can a Hudson Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard chatter thatBankruptcy requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy requirements did evolve, most individuals are still meet the requirements and 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