Find a Bankruptcy Lawyer in Marblehead Massachusetts
A Marblehead, 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 offers a Fresh Start. Chapter 7 eliminates most debts, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals keep or keep assets and personal possessions after filing chapter 7. Massachusetts state and Federal law authorize what people are allowed to retain (“Massachusetts State Exemptions”). Our firm will help you find out what property you are approved to keep and what property, if any, is at risk. Typically, under Massachusettslaw, debtors retain their homes, automobiles, clothes, furniture, wedding rings, retirement savings, and personal possessions.
Can a Marblehead Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard chatter thatBankruptcy rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Bankruptcy laws did adjust, most people are still meet the requirements and qualify and file for Bankruptcy. The new rules 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
