Answers To Commonly Asked Bankruptcy Questions
At Reedy Law Office, we understand how debt can affect your life financially, emotionally and physically. These effects partly stem for the complexities and uncertainties that surround the bankruptcy process in Pennsylvania.
Most likely, you have many question about the bankruptcy process. We have filed numerous Chapter 7 bankruptcies. Check out our most frequently asked questions below with answers that can provide clarity and peace of mind for you and your family.
Can I Keep My Car?
In most cases, you will not lose your vehicle, if it is your main mode of transportation. We can work to negotiate a payment plan that fits your personal financial situation.
Can I Keep My House?
In typical cases, you will be allowed to keep your property. We invest the time to fully understand your goals so that we can develop a plan that allows you to maintain the possessions that are most important to you.
What Types Of Debt Can I Discharge?
Chapter 7 can eliminate most or all of your unsecured debt, including:
- Credit card debt
- Medical bills
- Some personal loans
You most likely will not owe your creditors anything for these types of debts once you finalize your bankruptcy.
Is Chapter 7 Bankruptcy Right For Me?
There can be significant financial benefits to filing Chapter 7 bankruptcy. It is essential, however to discuss your details with a qualified attorney. Our firm focuses solely on Chapter 7 bankruptcy cases.
We have comprehensive knowledge of bankruptcy laws. Our lawyer can help you determine whether you qualify for Chapter 7 and if bankruptcy is the right option for you during a free initial bankruptcy consultation.
Contact Our Lawyer Today To Get A New Financial Start
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.