Personal Bankruptcy

Local Bankruptcy Attorney PA

Two Types of Personal Bankruptcy – Under Chapter 7 bankruptcy, you can have all or part of your debts discharged after your liquid assets are used to repay some of the debt. Under Chapter 13, you repay all or part of your debt through a three-to-five-year repayment plan. When you make the personal bankruptcy filing, you will also submit a repayment plan to the court.

To qualify for Chapter 7, you must pass a means test to show that your income is less than the median income for your family size in your state. In addition to passing a means test, you must receive credit counseling. If you fail the means test, you will not be allowed to file Chapter 7. Instead, you can file Chapter 13.

Personal Bankruptcy

Two Types of Personal Bankruptcy

Are you looking for a “Bankruptcy Attorney Near Me” if this is true at Gurdin Law we focus on Bankruptcy Law structure of debtlender workouts both debtor and creditorcommercial litigationbankruptcycreditor rights, and bankruptcy litigation both debtor and creditor, contractual law, all interactions of business matters, Corporations, LLCs, LLPs, Partnerships, and Limited Partnerships, formation, purchase and sale, change of form, sale of a financed transaction, assumption of existing financing, commercial and industrial real estate closing. A “Bankruptcy Lawyer Near Me” can help with complex litigationcommercial transactions and real estate transfersextraordinary results, represents clients in ScrantonWilkes-BarreStroudsburgHazeltonMilford and TunkhannockPennsylvania.

You could be debt free in as little as 3 months!

Local Bankruptcy Attorney Wilkes-Barre, PA bankruptcy Attorney C. Stephen Gurdin Jr. both assists you with your current financial situation, and helps you plan for a better future. Contact Wilkes Barre, Pennsylvania Bankruptcy, Estate Planning & Business Attorney C. Stephen Gurdin Jr. at his Downtown Wilkes Barre office, 570.826.0481.

Two Types of Personal Bankruptcy – Gurdin Law has extensive knowledge and experience in all aspects of bankruptcy litigation, local bankruptcy lawyers near me