Do you feel as though you’re swimming in debt? Are you tired of collection calls, garnishments and lawsuits? If so, then give The Law Offices of David D. Offen a call today. As a Philadelphia Chapter 7 bankruptcy attorney, we can help you find relief from your overwhelming debt. If you qualify for Chapter 7 bankruptcy, you will soon find that you can usually keep your assets and have your debts discharged.
Philadelphia Bankruptcy Discharge Attorney
Chapter 7 bankruptcy is often referred to as liquidation bankruptcy. This is because your debts are discharged, giving you a fresh financial start. As a chapter 7 bankruptcy attorney in Philadelphia PA, we can review the circumstances of your debt now and show you how your debt will be discharged. In order to qualify for Chapter 7 bankruptcy discharge in Philadelphia PA, you must pass a “means test.” This is where the court will review your financial information and see if Chapter 7 is the right type of bankruptcy for you file.
Bankruptcy Discharge Attorney in Philadelphia PA
There are some types of debts that cannot be discharged during bankruptcy. These include:
- Recent tax debt
- Child support
- Student loans except for undue hardship
- Drunk driving judgments
- Criminal restitution and fines
- Debts incurred by fraud or intentional wrongdoing
If you are behind on your mortgage payments or a car loan, and you want to keep your home or car, then Chapter 7 bankruptcy is probably not the best choice for you. Your home can still be foreclosed on and your car can still be repossessed – the creditors just have to wait until after the bankruptcy is discharged. As your Philadelphia chapter 7 bankruptcy attorney, we can provide more information about your options to save your home or car.
To Learn More About Chapter 7 Bankruptcy
As a Philadelphia Chapter 7 bankruptcy attorney, we know the difficulties you face with your debt. We help those who need debt relief and we find the right answer to their financial problem. Call today to learn more.