Find a Bankruptcy Lawyer in Quincy Massachusetts
A Quincy, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who meet basic requirements, Liquidation Bankruptcy offers a Fresh Start. Bankruptcy erases most financial burdens, including charge cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals retain or keep cash reserves and personal possessions after filing chapter 7. Massachusetts state and Federal law dictate what debtors are allowed to keep (“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. Undoubtedly, under Massachusettsrules, individuals keep their homes, cars, apparel, furniture, wedding rings, 401(k), IRA, and personal possessions.
Can a Quincy Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard chatter thatBankruptcy requirements transformed in 2005, which now makes it more difficult to file for Bankruptcy. Although Bankruptcy requirements did adjust, most individuals 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. 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