If you are seeking bankruptcy relief in the state of Massachusetts then you should contact a Massachusetts bankruptcy attorney immediately. A Massachusetts bankruptcy attorney can help you by explaining the process in great detail. You may need your Massachusetts bankruptcy attorney to describe how the Bankruptcy Abuse Prevention Consumer Protection Act of 2005 affects you specifically.
For starters, you may not be aware of just how invasive the bankruptcy process can be. You will be expected to unveil any layers of privacy with regard to your personal finances. You must actually prove that you really need federal bankruptcy protection. The implementation of the Bankruptcy Abuse Prevention Consumer Protection Act of 2005 was designed to make it harder for people who can manage without having to file for bankruptcy by inflicting greater standards. This might include submitting important documents like tax returns, paystubs and credit card statements perhaps for the last six months. Some people may not feel comfortable with this level of invasion of exposure of themselves. Their purchases will be examined and scrutinized relative to the situation. Excessive, expensive and unnecessary purchases will not help your case of claiming to need bankruptcy protection. If your credit card statements tell a different story then you may want to consider other options besides filing for bankruptcy or seriously reevaluate your priorities and maybe hold off on filing your claim until you can align things.
In addition to providing detailed financial records for analysis, you must also submit to the means test. The means test determines if you are eligible to file for chapter 7 or not. The test considers the median income for your respective state coupled with your monthly income and monthly obligations. If you have too much disposable income left over after satisfying your monthly obligations then you may have to consider a chapter 13 bankruptcy.
For experienced, knowledgeable and trustworthy bankruptcy assistance, contact the attorneys from www.legalhelpers.com. Call toll-free 800-260-1402 today for your initial free consultation or come into one of their 100 offices across the country.