Are you struggling to make your monthly bill payments on time? Many Pennsylvania residents are finding it hard making ends meet, facing foreclosure, repossession of their car, and more. Financial difficulties always add a great deal of stress to life, and at times it can seem like there is no way out of your current situation. But for many Warrington residents, filing for personal bankruptcy can offer much-needed relief from debts, put foreclosure a stop, and give them a second chance at rebuilding their financial future.

Warrington bankruptcy lawyer Michael S. Schwartz has over twenty years of legal experience, and helps Warrington, PA residents get a fresh start on their finances. In addition to providing flexible appointment scheduling options, The Law Offices of Michael S. Schwartz offers free initial consultations, so it costs you nothing to speak to a knowledgeable Warrington bankruptcy attorney about your needs.

Personal Bankrupty in Warrington, PA

Among the many types of bankruptcy provided by the bankruptcy code, Chapter 13 and Chapter 7 are among the most common in Pennsylvania for personal filers. A knowledgeable bankruptcy attorney can help you determine which you qualify and make an informed decision about the form of personal bankruptcy that is right for your situation.

Chapter 7 bankruptcy is used to discharge your credit cards, medical bills, personal loans and other unsecured debt. Chapter 7 bankruptcy is an income-based qualification. If you can show that you need all of your income for your necessary living expenses, you may qualify. The Law Office of Michael Schwartz offers a free consultation to help determine whether or not you are a good candidate for a Chapter 7 bankruptcy.

Chapter 13 is used to force creditors into a payment plan. Chapter 13 bankruptcy allows you to stop foreclosure or repossession and forces the mortgage company and car lender to accept monthly payments again. A Chapter 13 bankruptcy plan will also resolve your other debts, like IRS, credit cards and other unsecured debts. The Law Office of Michael Schwartz will help determine which bankruptcy is best for you.

Stopping Foreclosure

Filing for personal bankruptcy can be an effective tool at putting a stop to home foreclosure. When you file for personal bankruptcy in Pennsylvania, the courts will issue what is called an automatic stay. The automatic stay prohibits lenders and bill collectors from taking any collection actions against you, including repossession, phone calls, threatening letters, and attempting to foreclose on your home. The automatic stay can be a valuable tool for buying you time to regroup and develop a game plan for keeping your home.

Contact Us Today For A Free Consultation

Don’t spend another sleepless night worrying about how you are going to get out of your financial situation. Call Warrington, PA bankruptcy lawyer Michael S. Schwartz at 215-259-3685.