Find a Bankruptcy Lawyer in Wareham Massachusetts
A Wareham, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For individuals who pass the means test, Chapter 7 can give a Fresh Start. Chapter 7 wipes away most financial burdens, including credit cards, payday loans, repossession deficiency balances, most judgments, some tax obligations, and personal loans. Most idividuals keep or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law authorize what debtors are authorized to retain (“Massachusetts State Exemptions”). Our firm will help you find out what property you are permitted to keep and what belongings, if any, is at risk. Typically, under Massachusettsstatutes, most do not lose their homes, cars, apparel, furnishings, wedding rings, retirement investments, and personal possessions.
Can a Wareham Bankruptcy Lawyer determine if I qualify for Bankruptcy?
While you may have heard rumors thatChapter 7 requirements changed in 2005, which now makes it more difficult to file for Bankruptcy. While the Liquidation bankruptcy requirements did evolve, most people are still able to 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