In Philadelphia, declaring Chapter 7 bankruptcy requires filing the proper documentation. At The Law Offices of David M. Offen, we provide experienced guidance with your Philadelphia filing for Chapter 7 bankruptcy and information on what to expect throughout the process.
Filing for Chapter 7 Bankruptcy in Philadelphia PA
When you schedule your first meeting with us, we’ll ask you to bring documentation including:
- Paystubs or documentation of income such as alimony, government benefits, rent or other payments you’re receiving
- Bills and other documentation of expenses
- Documentations of loans, lawsuit settlements or judgments and other debts
- Your two most recent tax returns
You’ll need to take an online credit counseling class that takes approximately an hour before you can declare Chapter 7 bankruptcy in Philadelphia PA. This can be completed either here in our offices or at home
We’ll review your debts and advise you which ones are and are not dischargeable via Chapter 7 bankruptcy. This will help you determine whether this is the right move for you.
Going to Court with You
In Philadelphia, declaring Chapter 7 bankruptcy involves filing the proper documentation with the court. We completely assist you with doing all paperwork. Once you file for bankruptcy, your creditors must stop all collection efforts, and lawsuits against you for debts you owe are stopped.
A meeting of creditors is scheduled for you to testify that your bankruptcy petition is accurate.We represent you at the meeting. However, most of the time, creditors don’t attend this meeting unless they feel they have reason to dispute the bankruptcy and the meeting only takes about 10 to 15 minutes.
Discharging of Debts
Generally, eligible debts are discharged in less than six months after declaring Chapter 7 bankruptcy in Philadelphia. However, that doesn’t mean that our work is finished. We help our clients find long-term solutions to their financial problems and get a fresh start.
Contact Us Today
To schedule a free consultation to determine whether Chapter 7 bankruptcy is the best solution for you, call us or contact us online. We can help you find the right solution to help you get your financial life back on track.