Many residents of Quakertown have fallen on hard times. Despite the fact that our national economy is growing, debt collection and foreclosure are still significant problems facing many Pennsylvania families. If you are experiencing financial hardship, facing foreclosure or repossession, or are finding it difficult to pay your credit card bills and medical debt payments, filing for personal bankruptcy may be the key to getting a fresh start on your finances and getting you back on track toward your future financial goals. Having representation from a skilled bankruptcy lawyer can ensure that your best interest is being represented throughout the bankruptcy proceedings.
With over twenty years of legal experience in Quakertown, Upper Bucks County bankruptcy attorney has helped countless individuals and families find much-needed relief from their debts. Don’t spend another sleepless night worrying about how you are going to make ends meet. The Law Offices of Michael S. Schwartz offers flexible appointment schedules and free initial consultations, so it costs you nothing to speak to a knowledgeable Quakertown bankruptcy attorney about your situation.
Stopping Foreclosure Through Bankruptcy
When you file for personal bankruptcy in the State of Pennsylvania, the courts will issue what is called an automatic stay. The automatic stay prohibits your creditors from taking any further collection actions against you as long as it is in place. This includes phone calls, letters, wage garnishment, repossession, and foreclosure.
A knowledgeable bankruptcy lawyer can help you use the automatic stay to buy valuable time to regroup and develop a game plan for keeping your home, keeping your car or stopping the collection. Many people find that once their Chapter 13 or Chapter 7 bankruptcy filing has gone through, it is much easier to afford their monthly house payments.
Building Your Credit After Bankruptcy
Many Quakertown residents mistakenly believe that by filing for Chapter 7 or Chapter 13 bankruptcy, they will ruin their credit scores for good. While a bankruptcy filing may stay on your credit reports for several years, you can immediately begin rebuilding your credit by faithfully making payments on the debts that you want to keep after bankruptcy. Many of our clients are surprised to find just how quickly they are able to qualify for auto loans and mortgages following their bankruptcy filing!
Contact Us Today For A Free Consultation
You don’t have to face your creditors alone. To find out more about how personal bankruptcy can help you through your tough financial situation, call The Law Offices of Michael S. Schwartz at 215-259-3685 today.