Philadelphia, PA
Bankruptcy and debt Lawyer at Philadelphia, PA
Practice Areas: Bankruptcy & Debt
There are several advantages to filing for bankruptcy. By far the most important advantage is that debtors may obtain a fresh financial start. Here is a list of the possible benefits that bankrupt...
See Full GuideWhat is the "automatic stay"? The automatic stay is one of the most important aspects of the bankruptcy process. Once you file a bankruptcy petition, the automatic stay stops all collection efforts...
See Full GuideA chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a ...
See Full GuideChapter 7 Bankruptcy wipes out ("discharges") your debts. Chapter 7 is the bankruptcy provision most frequently used by individuals. It involves the complete liquidation of a debtor's property to p...
See Full GuideBankruptcy is intended to give people a fresh start - free of debt. The bankruptcy laws provide an opportunity for a fresh start to those individuals whose financial difficulties have left them una...
See Full GuideDebtors are strongly encouraged to find competent legal counsel. Even if you cannot afford to pay an attorney, you may be able to qualify for free or discounted legal services....
See Full GuideDebtors are usually able to discharge most or all of their debts. Once a debt is discharged, a creditor may not attempt to collect it from the debtor....
See Full GuideIn some cases, a debtor may be required to appear at hearings before a bankruptcy judge....
See Full GuideEvery debtor is required to appear at a creditors' meeting conducted by a trustee who asks the debtor questions about the debtor's financial condition and gives creditors the opportunity to do the sa...
See Full GuideIn order to file for bankruptcy, an individual must take a credit counseling course and accurately complete and file a number of documents....
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