Montgomery County Chapter 7 Bankruptcy Lawyer
What Bankruptcy Means For You
Are you struggling with bills? Are your real estate assets at risk? Is your credit report holding you back? Has unemployment, illness, divorce, or a failed business led to deep debt? Do you feel like you’ll never get ahead? A Chapter 7 liquidation or Chapter 13 bankruptcy filing may be the right solution for you.
Bankruptcy is often misunderstood. Because debt problems can happen to anyone, America’s legal system provides bankruptcy as a recognized way to help people recover. Filing for bankruptcy helps good people in bad situations restore their financial stability. Millions of people across America have exercised their legal right to file for bankruptcy as an accepted way to protect their families, homes, or businesses.
Since 1982, the experienced attorneys at Alfred Abel Law Offices have helped individuals and families throughout Philadelphia, Montgomery County, Bucks County, and eastern Pennsylvania find relief from overwhelming debt. Our bankruptcy law firm understands the financial and emotional impact of unpaid bills and liquidation, and can help you understand what declaring bankruptcy means for you. For many people, a Chapter 7 bankruptcy filing provides welcome relief and a new sense of security. Consider bankruptcy as a safe and reliable way to fix your credit report and get your life back on track.
We Can Help Negotiate Contracts and Restore Your Credit Report
An experienced Pennsylvania bankruptcy lawyer at Alfred Abel Law Offices can answer your questions and help you decide if liquidation or bankruptcy is a good option for your financial situation. We can also assist you with credit report disputes, contracts, agreements, business plans, personal injury, real estate transactions, and reliable legal advice.
To arrange your personal consultation with a proven Pennsylvania attorney specializing in Chapter 7 and bankruptcy filings, call 215.392-4969 or 610.940.1635 or contact our bankruptcy firm online.
Bankruptcy and Other Options
The most common consumer options for debt relief are legal proceedings known as “Chapter 7” and “Chapter 13” bankruptcy filings. Chapter 7 is also referred to as liquidation. Bankruptcy can be a powerful strategy for eliminating debt that has accrued in difficult circumstances, but it may not be your only option.
Practicing bankruptcy, personal injury, and real estate law in the greater Philadelphia region for more than 30 years, Alfred Abel Law Offices is skilled in determining whether other strategies such as loan workouts offer a better solution for your personal situation. We will assess your needs honestly and help you choose the course of action that’s right for you—then we’ll help you every step of the way.
Chapter 7 bankruptcy: When you need relief from crushing credit card debt, medical bills, personal injury claims, pending foreclosure or unsecured loans, a Chapter 7 filing can help. Sometimes known as “liquidation,” Chapter 7 remains the most common form of bankruptcy. Properly filed Chapter 7 exemptions can legally help you retain your home and real estate holdings, automobile, qualified retirement account savings, and some personal property, while eliminating your debt obligations. Because each case is different, it’s important to have an experienced bankruptcy attorney like Alfred Abel explain the process and represent you in the filing. Contact Alfred Abel for legal advice.
Chapter 13 bankruptcy: When circumstances have caused you to fall behind on your loans and other financial obligations, a Chapter 13 bankruptcy filing may allow you to reduce your debt and restructure your repayments over a three to five-year plan. Individuals and families use Chapter 13 to help stop foreclosures, catch up on arrearages, and protect their homes and real estate assets. Mortgage arrearages, credit card debt, medical bills, car loans and other unsecured debts may all be included in your repayment plan. A bankruptcy lawyer experienced in Chapter 13 filings may alternatively arrange to have a mortgage “stripped off” entirely and repaid with pennies on the dollar, as if it was an unsecured debt. At the end of the repayment period, any remaining unsecured debt will be eliminated, and you will be caught up on your secured obligations.
Contact a Jenkintown Area Bankruptcy Lawyer for Legal Advice
Protect your credit report: before you lose your home, car, savings, real estate, or personal property, call the trusted attorneys at Alfred Abel Law Offices for expert, confidential assistance. Our experienced bankruptcy lawyers are dedicated to helping people overcome difficult financial situations and achieve the peace of mind that comes with debt relief.
You DO have options. Call Alfred Abel Law Offices today at 215.517.8300 or 610.940.1635 or contact our bankruptcy firm online.
Alfred Abel Law Offices is a debt relief agency. Among our many legal services, we help people file for bankruptcy relief under the Bankruptcy Code.