Find a Bankruptcy Lawyer in Salisbury Massachusetts
A Salisbury, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who cannot make ends meat, Chapter 7 offers a Fresh Start. Bankruptcy eliminates most debts, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most idividuals maintain or keep cash reserves and personal belongings after filing chapter 7. Massachusetts state and Federal law authorize what individuals are authorized to possess (“Massachusetts State Exemptions”). Our firm will counsel you determine what possessions you are allowed to keep and what assets, if any, is at risk. Undoubtedly, under Massachusettslaw, most retain their homes, transportation, apparel, home furnishings, jewelry, retirement savings, and personal possessions.
Can a Salisbury Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard chatter thatBankruptcy requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Bankruptcy rules did evolve, most people 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
