Top Lansdale, PA Chapter 11 Bankruptcy Lawyers Near You
Put More Than 35 Years Of Legal Experience To Work For You
115 West Avenue, Suite 104, Jenkintown, PA 19046
777 Township Line Road, Suite 120, Yardley, PA 19067
1650 Arch Street, Suite 1800, Philadelphia, PA 19103
Two Commerce Square, 2001 Market Street, Suite 3100, Philadelphia, PA 19103
192 S. Hanover St, Suite 101, Pottstown, PA 19464
342 E Lancaster Avenue, Downingtown, PA 19335
325 Sentry Pkwy, Bldg 5W, Suite 200, Blue Bell, PA 19422
7715 Crittenden St., Suite 360, Philadelphia, PA 19118
1735 Market St, Suite 3300, Philadelphia, PA 19103
123 S. Board Street, Suite 1030, Philadelphia, PA 19109
1111 Street Road, Suite 305, Southampton, PA 18966
21 West Third Street, Media, PA 19063
1628 John F Kennedy Blvd, Suite 1901, Philadelphia, PA 19103
One Logan Square, Suite 2000, Philadelphia, PA 19103-6996
2 Bala Plaza, Suite 300, Bala Cynwyd, PA 19004
175 Strafford Avenue, Suite One, Wayne, PA 19087
25 W. Airy St, Suite 100, Norristown, PA 19401
1218 Chestnut Street, Suite 405, Philadelphia, PA 19107
2003 S Easton Rd, Suite 304, Doylestown, PA 18901
2800 Kelly Rd, Suite 200, Warrington, PA 18976
Station Square Three Suite 105, Paoli, PA 19301
1760 Market Street, Suite 600, Philadelphia, PA 19103
1700 Market St, Suite 1005, Philadelphia, PA 19103
1650 Market St, Suite 3600, Philadelphia, PA 19103
1900 Market Street, Suite 800, Philadelphia, PA 19103
Lansdale Chapter 11 Bankruptcy Information
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Good Standing
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.