Filing for bankruptcy can be a complex and overwhelming experience, but with the right guidance, it can also be a liberating and life-changing decision. In this article, we will discuss the benefits and advantages of filing for Chapter 7 and Chapter 13 bankruptcy options in Harrisburg, PA.
Chapter 7 bankruptcy is also known as liquidation bankruptcy. It involves the sale of your non-exempt assets to pay off creditors. This type of bankruptcy is usually filed by individuals with low income or high debt. The process typically takes around three months and results in the discharge of most debts, including taxes, medical bills, and credit cards.
Chapter 13 bankruptcy is also known as reorganization bankruptcy. It involves creating a repayment plan to pay off creditors over time. This type of bankruptcy is usually filed by individuals with steady income, such as workers or business owners. The process typically takes around 36 months and allows you to keep your assets while paying back a portion of your debt.
At our law firm, we have years of experience helping individuals navigate the bankruptcy process. Our experienced lawyer will guide you through every step and provide personalized advice to ensure that you receive the best possible outcome. We also offer flexible scheduling options and affordable fees to make our services accessible to everyone.
For more information about bankruptcy and how it can help you, please visit our website at https://s3.us-west-004.backblazeb2.com/bankruptcy-harrisburg/bankruptcy-harrisburg/harrisburg-bankruptcy-lawyer.html. Our team is dedicated to providing expert guidance and support throughout the entire process.