Find a Bankruptcy Lawyer in Littleton Massachusetts
A Littleton, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who meet basic requirements, Chapter 7 offers a Fresh Start. Chapter 7 wipes away most debts, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals keep or keep current assets and personal possessions after filing chapter 7. Massachusetts state and Federal law determine what people are allowed to keep (“Massachusetts State Exemptions”). Our firm will help you determine what belongings you are allowed to keep and what assets, if any, is at risk. More than likely, under Massachusettsstatutes, individuals keep their homes, cars, clothes, furniture, wedding rings, retirement investments, and personal possessions.
Can a Littleton Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard rumors thatBankruptcy laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy laws did evolve, 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. 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