Find a Bankruptcy Lawyer in Ipswich Massachusetts
A Ipswich, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Chapter 7 provides a Fresh Start. Bankruptcy erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep cash reserves and personal property after filing chapter 7. Massachusetts state and Federal law describe what debtors are authorized to retain (“Massachusetts State Exemptions”). Our firm will counsel you find out what property you are approved to keep and what assets, if any, is at risk. More than likely, under Massachusettsstatutes, most retain their homes, cars, clothes, furniture, jewelry, retirement savings, and personal possessions.
Can a Ipswich Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumors thatChapter 7 rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Chapter 7 requirements did adjust, 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
