Upper Darby Bankruptcy Attorney
If you’re facing a mountain of debt with no end in sight, you might be considering bankruptcy as a potential path towards getting out of the red. However, the question remains, what type of bankruptcy should you choose: Chapter 7, 11, or 13? Which option will work best for you depends on factors like your income, assets, and whether you seek business or personal bankruptcy.
At Siddons Law Firm, it’s our goal to get our clients back on their feet and pursue a fresh start. Our experienced Upper Darby bankruptcy attorneys will work hard to guide you through the legal jungle and achieve your goals through the path of least resistance.
What Debts Can Bankruptcy Remove?
The point of bankruptcy is to reorganize your debts and make them manageable. Keep in mind that while this process writes off most types of debt, it doesn’t eliminate all of them. Some debts that we can help you eliminate include:
- Credit cards
- Medical bills
- Overdue rent and utility expenses
- Benefit overpayments
- Business debts
Some debts that bankruptcy won’t help with include:
- Child support
- Unpaid taxes
- Student loans (unless the debtor can prove undue hardship)
- Debts for personal injury or death as the result of driving under the influence of alcohol or drugs
- Fraudulent debts
It’s crucial to list all your debt in your bankruptcy application. Otherwise, you may still be responsible for any missed debts even after you successfully go through the bankruptcy process. If you want to avoid this issue, reach out to our team. Our bankruptcy lawyers are always happy to help.