Media, Pennsylvania Chapter 7 Bankruptcy
CONTACT SIDDONS LAW FIRM IN MEDIA, PENNSYLVANIA TODAY
Ideally, various forms are available for individuals and business entities when it comes to bankruptcy. From the long list of available options, the most popular is the chapter 7 bankruptcy. At the most basic level, chapter 7, bankruptcy works by liquidating non-exempt assets using them to pay off creditors. In most cases, if not all the time, the creditors discharge leftover debts, which means you are not under any legal obligation to pay them off.
If you feel frightened at the thought of filing for a chapter 7 bankruptcy, know that you are not alone. Many people, who have been here before or are, planning on filing one, have to deal with thoughts that may include losing their homes, cars, and the incapacity to take care of their families. Bankruptcy of any form is a plan that allows you to get a fresh financial start when facing debt challenges. In short, filing for bankruptcy will see you have a better financial situation than before.
While this process may sound simple and easy, many at times, it gets to be complicated and diverse in its demands. Therefore, if you are thinking about filing for a chapter 7 bankruptcy, you only have one thing to do. Hiring a reputable and experienced Media, Pennsylvania chapter 7-bankruptcy lawyer is the best step you should make. Since the options of where to head to are many, Siddons Law is here to make your life easier by promising to help you in all means possible regarding your bankruptcy needs.
Hiring a Bankruptcy Lawyer
Regardless of bankruptcy, you are considering, and lawyers are the ultimate answers to the best outcome. Besides, every form of bankruptcy differs, with chapter 7 being closely associated with chapter 13. An experienced lawyer who understands all the ins and outs of each of them will help you come with an informed decision to help you decide on what suits your condition.
One of the distinctive roles of these two is that they work to eliminate different types of debts. The debts chapter 7 stops is not applicable in chapter 13 and consulting from lawyers can help you understand better. This plus some of the following reasons are the top reasons why hiring a lawyer is necessary for you Media, Pennsylvania chapter 7 bankruptcy.
Advocate for You
Lawyers Know The Work
Benefits of filing for Chapter 7 Bankruptcy
Relief from Creditor Harassment
When you file for bankruptcy, the judge will implement an automatic stay on creditors, which forces them to stop contacting you or repossessing your property. If the creditors call you day and night, Chapter 7 bankruptcy can put an immediate end to their harassment.
Rebuild Credit Score
Home and Personal Property Exemptions
Help With Your Home Mortgage
FOR A FREE CONSULTATION TO SEE IF BANKRUPTCY IS RIGHT FOR YOU, CONTACT OUR FIRM TODAY
The decision to file for bankruptcy is an important one and should not be made without a careful consideration of all of the relevant facts. While bankruptcy can certainly provide a fresh financial start and eliminate debts, it is not advisable in every case. For this reason, if you are considering filing for bankruptcy, you should hire an attorney to file chapter 7 as soon as possible. Michael Alan Siddons is a skilled bankruptcy attorney who understands how to take full advantage of the bankruptcy code to ensure his clients keep as much of their property as possible while obtaining a discharge of their debts. To schedule a free consultation with Mike, call our office today at 610-255-7500. If you would prefer to send an email, please fill out and submit our online contact form. Our firm is based throughout Media, PA; Rising Sun, MD & Staten Island, NY.
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