Bucks County PA Personal Bankruptcy Lawyers
Personal bankruptcy lawyers specialize in negotiating settlements with creditors on behalf of clients and arranging repayment plans that allow financially struggling individuals to regain control over their futures. These attorneys can help individuals resolve just about any type of debt problem, from real estate foreclosures and property repossession to credit card and loan debt.
Personal Bankruptcy Lawyers for Chapter 7 and Chapter 13 Filings
Individuals in Bucks County, PA considering personal bankruptcy should understand the difference between filing under Chapter 7 and Chapter 13 laws. Chapter 7 deals with straight bankruptcy, eliminating all debts except alimony, child support, and the majority of both recent back taxes and student loans.
With the help of a lawyer, filing under Chapter 13 is an option. Under Chapter 13 provisions, an attorney helps a client reach a repayment plan with his or her creditors and find a way to make it work without wage garnishment. In many cases, people filing under Chapter 7 regulations are able to rebuild their credit in as little as two years. A personal lawyer is the best source of information for individuals facing financial strife, because attorneys have the training and skills required to assess each client's situation and secure the most positive possible outcome for the client.
William D. Schroeder, Jr. has been serving Bucks and Montgomery Counties, PA for over 20 years, providing expertise in personal bankruptcy law as well as divorce and family law, property repossessions and DUI cases. For further information, contact the lawyers at his offices, which are located at 262-A Bethlehem Pike, Suite 102, Colmar, PA 18915.
