Find a Bankruptcy Lawyer in Middleborough Massachusetts
A Middleborough, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Bankruptcy offers a Fresh Start. Chapter 7 erases most debts, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep cash reserves and personal possessions after filing chapter 7. Massachusetts state and Federal law determine what debtors are entitled 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. Typically, under Massachusettsrules, most do not lose their homes, automobiles, clothes, furnishings, wedding rings, 401(k), IRA, and personal possessions.
Can a Middleborough Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors thatBankruptcy rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Bankruptcy rules did evolve, most people are still meet the requirements and qualify and file for Bankruptcy. 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