William D. Schroeder, Jr. Attorney at Law, Encourages Individuals to Use a Bankruptcy Attorney in Philadelphia for Chapter 7 Filing Services

Philadelphia, PA When faced with financial difficulties, it is common for individuals to break under pressure.  Filing for bankruptcy relief can bring an individual’s worries to rest, which is why William D. Schroeder, Jr. Attorney at Law, offers chapter filing services for clients struggling with debt. William D. Schroeder, Jr. suggests clients consider chapter 7 filing if they want to eliminate a high amount of debt quickly and painlessly.

William D. Schroeder Jr. believes that, “Bankruptcy is a shield to protect you from all types of collection action; its purpose is to give you a fresh start. You stop creditor action; you get to keep your property; you get your life back. People will not even know you have filed.”  Chapter 7, 11, and 13 filings are each unique solutions to debt problems faced by individuals and businesses in various difficult financial situations.

Chapter 7 filings in particular offer immediate debt relief, allow individuals to keep their property, and ensure that there is no more contact from creditors. In order to qualify for a chapter 7 filing, individuals need to first pass the Means Test. The Means Test takes into consideration an individual’s average income and how it relates to the median income of the state. If an individual can no longer pay back their creditors in any way, they qualify to file for chapter 7.

To find out more on the process involved in filing for chapter 7 and how the services of a bankruptcy attorney in Philadelphia can help, visit William D. Schroeder, Jr. Attorney at Law’s website at https://www.jrlaw.org/.

About William D. Schroeder, Jr. Attorney at Law

William D. Schroeder, a legal firm practicing primarily in the counties of Montgomery, Bucks, Berks, Chester, and in Philadelphia, his practice focuses on bankruptcy, mortgage modification, mortgage foreclosure defense, estate law, family law, DUI, and personal injury. Homeowners who are currently worrying about debt or home foreclosure should contact a bankruptcy attorney. Philadelphia lawyer William D. Schroeder, Jr. Attorney at Law can help clients of all lifestyles consolidate or eliminate their debts and turn their lives around.