Find a Bankruptcy Lawyer in Nahant Massachusetts
A Nahant, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who qualify, Liquidation Bankruptcy can give 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 retain or keep assets and personal belongings after filing chapter 7. Massachusetts state and Federal law describe what debtors are entitled to keep (“Massachusetts State Exemptions”). Our firm will counsel you find out what belongings you are allowed to keep and what assets, if any, is at risk. Undoubtedly, under Massachusettslaw, individuals retain their homes, cars, apparel, home furnishings, jewelry, retirement investments, and personal possessions.
Can a Nahant Bankruptcy Lawyer determine if I qualify for Bankruptcy?
You may have heard chatter thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. Although Chapter 7 requirements did evolve, most individuals are still meet the requirements and qualify and file for Chapter 7. 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
