Find a Bankruptcy Lawyer in Milton Massachusetts
A Milton, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who qualify, Chapter 7 provides a Fresh Start. Bankruptcy erases most financial burdens, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals keep or keep cash reserves and personal belongings after filing chapter 7. Massachusetts state and Federal law determine what individuals are allowed to retain (“Massachusetts State Exemptions”). Our firm will help you find out what possessions you are allowed to keep and what capital, if any, is at risk. Typically, under Massachusettsrules, individuals do not lose their homes, transportation, clothes, furnishings, wedding rings, retirement investments, and personal possessions.
Can a Milton Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatChapter 7 laws changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy rules did evolve, most debtors 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. 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