Bucks County Chapter 7 Bankruptcy/Debt Liquidation
A Chapter 7 bankruptcy is a debt liquidation bankruptcy available to both individuals and businesses. It allows a person or business to discharge certain debts, including credit card debt and medical bills, and thereby obtain tremendous relief from debts they can no longer pay. Once the debt is discharged, the debtor is free from creditor collection practices.
At the Law Offices of Michael S. Schwartz, we represent people and businesses in commercial and consumer bankruptcy and debt relief services, including Chapter 7 bankruptcy. We offer a free consultation to explain Chapter 7 bankruptcy and help our clients make informed decisions as to whether it is right for them. We want to pursue the best course of action for your financial situation.
To schedule a free consultation or to speak with Chapter 7 bankruptcy attorney Michael S. Schwartz, call (215) 375-7346. We have office locations in Southampton, Havertown and Perkasie, Pennsylvania.
The Benefits of Filing Chapter 7 Bankruptcy
Although the results of each case vary, a Chapter 7 bankruptcy may help you to:
- Eliminate or reduce dischargeable debts (including credit card debt)
- Stop harassing collection calls and creditor harassment
- Stop a wage garnishment
- Stop car, furniture, and other property foreclosure and repossessions
- Stay a lawsuit or enforcement of a judgment
- Prevent a sheriff's sale of your property
Qualifying for Chapter 7
Changes to the bankruptcy laws in 2005 made it necessary for debtors to complete a means test before filing bankruptcy. In general, debtors whose income falls below the median income qualify for Chapter 7. However, there are other factors to consider, such as income compared to overall expenses. Our firm understands the nuances of filing bankruptcy and the means test, and we can help determine whether you qualify for this bankruptcy option.
Contact Us for a Free Consultation
We are pleased to offer our services to individuals and businesses in Philadelphia, Havertown, Southampton, and the surrounding areas. If you need the help of an experienced bankruptcy lawyer in Pennsylvania, call us at (215) 375-7346, or contact us online.
Bucks County Office
707 Lakeside Office Park
Street and Stump Roads
Southampton, PA 18966
Havertown Office
101 East Darby Road
Havertown, PA 19083
