Find a Bankruptcy Lawyer in Westwood Massachusetts
A Westwood, Massachusetts Bankruptcy Lawyer will help you determine if bankruptcy is a possible solution to your financial problems. For those who qualify, Bankruptcy provides a Fresh Start. Bankruptcy erases most debts, including credit cards, payday loans, repossession deficiency balances, lawsuits, some tax obligations, and personal loans. Most peopleidividuals keep or keep current assets and personal property after filing chapter 7. Massachusetts state and Federal law dictate what debtors are allowed to retain (“Massachusetts State Exemptions”). Our firm will counsel you find out what possessions you are allowed to keep and what assets, if any, is at risk. More often than not, under Massachusettsstatutes, debtors keep their homes, automobiles, apparel, furnishings, jewelry, retirement investments, and personal possessions.
Can a Westwood Bankruptcy Lawyer determine if I qualify for Bankruptcy?
Although you may have heard rumors thatChapter 7 rules transformed in 2005, which now makes it more difficult to file for Bankruptcy. Even though Chapter 7 rules did evolve, most people are still able to qualify and file for Bankruptcy. 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