Is Every Day a Struggle to Make Ends Meet ? Are Creditors Constantly Calling You Demanding Money You Don’t Have ? We Can Make it Stop !
At Nashawaty & Rand, located in Braintree, Massachusetts, we help individuals throughout the Boston area eliminate their debts with Chapter 7 bankruptcy. We will help you get the fresh financial start you deserve.
Chapter 7 bankruptcy is generally one of the smartest, most efficient ways to eliminate debt and stop creditor harassment. To qualify for a Chapter 7 bankruptcy discharge, you must satisfy one of two tests.
First, if your gross income does not exceed the median gross income for a family of your size in Massachusetts, you qualify. Even if you are above median income, you may still qualify under the means test.
At Nashawaty & Rand, our attorneys will analyze your situation to determine whether you qualify for a Chapter 7 bankruptcy. We will also talk to you about the benefits as well as the disadvantages of filing Chapter 7 bankruptcy as it relates to your specific situation. If you do not qualify for Chapter 7, Chapter 13 becomes the next option.
Will I Lose All Of My Assets ?
Chapter 7 is also called straight bankruptcy or liquidation. However, this does not mean your assets are liquidated. Rather, most Chapter 7 filings are considered no-asset cases. Our bankruptcy attorneys are skilled at maximizing your available exemptions, helping you keep your home, automobiles, furnishings, retirement accounts, electronics, and even savings.
Finally, at the end of the process, your debt is discharged !
Call us at 781-848-8545 to get the expert legal advice you deserve for your Chapter 7 bankruptcy needs. Don’t procrastinate with this important step in finding legal assistance. We are waiting for your call. Schedule a free consultation today !