Montgomery County PA Personal Bankruptcy Lawyers
Individuals in need of bankruptcy legal help should consider hiring a personal debt settlement attorney. These legal professionals negotiate settlements with creditors on behalf of clients to reduce the overall debt balance, agree on a reasonable repayment schedule and negotiate affordable monthly payments.
Get Bankruptcy Legal Help by Hiring a Chapter 7/Chapter 13 Expert
Before seeking legal help for bankruptcy cases, consider the statutes and limitations set forth in Chapters 7 and 13 of Title 11 of the United States code. These chapters deal with personal bankruptcy.
People filing under Chapter 7 law are cleared of all debt, with a few minor exceptions. This option has very positive ramifications for individuals' credit ratings and their ability to secure mortgages, credit card and other financial services products.
Filing under Chapter 13 is an option, if the client is facing a mortgage foreclosure, a sheriff sale and has a steady income and a manageable amount of debt. Using this option, the lawyer helps the individual regain control over his or her personal finances by negotiating down debt with creditors. In many cases, people in Montgomery County, PA can rebuild their credit scores in as little as two years with the aid of an experienced personal attorney.
In Montgomery County, PA, bankruptcy legal help is available from the experienced and understanding team of professionals at the offices of William D. Schroeder, Jr., Attorney at Law. Visit his offices at 262-A Bethlehem Pike, Suite 102, Colmar, PA 18915 to take advantage of his 20-plus years of proven experience.
