Experienced Bankruptcy Lawyers Helping People Throughout Massachusetts
At the Frisoli Law Office, located in Concord, Massachusetts, we understand that we are living in financially tough times. We understand that many people are drowning in debt and may not realize the legal options available to help them. That's why we are here.
We are attorneys Lawrence and Carol Frisoli and we have been helping people through difficult times since we opened our law firm in 1993. We are here to help you when you are financially struggling, overwhelmed and need answers to help achieve a fresh start. We can clearly assess your situation using the bankruptcy means test to see if you qualify to file for either Chapter 7 or Chapter 13 bankruptcy.
To see if bankruptcy may be the best option for you, please do not hesitate to contact us today to schedule a free consultation with our compassionate, knowledgeable bankruptcy lawyers.
What Is the Bankruptcy Means Test?
Under the new bankruptcy laws passed in 2005, before you can file for bankruptcy you must first determine if you are eligible using the bankruptcy means test, which can be a complicated process. We thoroughly understand how to use the bankruptcy means test correctly and we will show you how to determine what kind of bankruptcy filing you may be eligible for, explaining how we arrive at the calculations every step of the way.
How We Can Use the Bankruptcy Means Test To Help You
We will start by looking at your current monthly income (CMI) for the past six months and comparing it against the median income set out by the U.S. Trustee Program to see if you fall at, or under, the amount needed to qualify. If you don't pass the bankruptcy means test from this first result, that does not mean you cannot file for bankruptcy.
We will then look to recalculate your income using any applicable income tax deductions. Our attorneys have extensive experience in this area, and they will always be the ones preparing your bankruptcy means test analysis, as well as every step of your petition if you qualify to file for bankruptcy and choose to pursue this path.
We understand this may be a confusing, stressful time for you, and this is why we feel it is essential you understand and feel comfortable as we navigate this process together. Our firm's goal is to help you make informed decisions that lead to a fresh start and a feeling of unburdened financial freedom.
Arrive at Answers -- Contact Us Today
You don't have to face this difficult time alone. We are here to help. Contact Frisoli Law Office today to schedule a confidential, no-cost consultation with one of our experienced bankruptcy lawyers. We can also be reached at 978-486-4733.
We are a debt-relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
