Find a Bankruptcy Lawyer in Stoneham Massachusetts
A Stoneham, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who qualify, Liquidation Bankruptcy provides a Fresh Start. Chapter 7 wipes away most debts, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most debtorsidividuals maintain or keep cash reserves and personal possessions after filing chapter 7. Massachusetts state and Federal law determine what debtors are entitled to keep (“Massachusetts State Exemptions”). Our firm will counsel you find out what property you are approved to keep and what capital, if any, is at risk. Undoubtedly, under Massachusettsrules, individuals do not lose their homes, automobiles, apparel, furnishings, jewelry, 401(k), IRA, and personal possessions.
Can a Stoneham Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Even though you may have heard rumors thatBankruptcy laws transformed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy rules did adjust, most people are still meet the requirements and qualify and file for Bankruptcy. 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
