Managing debt can be hard. If you lost your job or business decisions didn’t turn out in your favor, your business could suffer and you could lose your company as a result. Filing for a chapter 7 bankruptcy in PA can help you get a fresh start. Here are a few things you’ll need to know:
Get legal help
The Law Offices of David M. Offen offers you the legal services and assistance you need. A lawyer can easily help you understand what your options are and provide you with a better understanding of what filing for a chapter 7 bankruptcy in PA can do to resolve your debt problems. Call now for a no obligation free consultation.
It is right for you?
Filing for chapter 7 isn’t the right move for everyone. That’s why consulting with a lawyer matters. You’ll know if it’s the right option for you or if you need to consider chapter 13 instead. Your attorney will provide you with the necessary information to help you determine which one is a better fit for your organization and financial situation.
What are the requirements?
You can file for chapter 7 if you are filing it as an individual or as the owner of an SME. You may not file for a Chapter 7 Bankruptcy if you’re doing it on behalf of a partnership or corporation according to The Balance.
Have you had any bankruptcy issues in the past?
If you have had your debt discharged in a bankruptcy court in the last 8 years, that’s going to disqualify you from filing for another Chapter 7 Bankruptcy.
Seek out advice
An experienced bankruptcy attorney can help you put together the best debt management plan for you. Start working on a plan by first seeking out an attorney for help and advice. Look for ‘debt lawyers around me or nearby’ when you search online.
Free Consultation
The Law Offices Of David M. Offen can provide you with a no obligation free consultation to go over your specific situation and give you the best option. The consultation is fast and easy and you may even find out that Bankruptcy is not your best option. What do you have to lose? Call (215) 625-9600 today!
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