Find a Bankruptcy Lawyer in Newton Massachusetts
A Newton, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For debtors who meet basic requirements, Chapter 7 offers a Fresh Start. Chapter 7 erases most financial burdens, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most peopleidividuals keep or keep cash reserves and personal possessions after filing chapter 7. Massachusetts state and Federal law authorize what individuals are allowed to keep (“Massachusetts State Exemptions”). Our firm will counsel you determine what belongings you are allowed to keep and what assets, if any, is at risk. Typically, under Massachusettsrules, individuals retain their homes, automobiles, apparel, furniture, wedding rings, retirement savings, and personal possessions.
Can a Newton Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumors thatChapter 7 rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy requirements did evolve, most debtors are still able to 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
