Benefits:
- Debt Elimination: Chapter 7 allows you to eliminate up to $524,500 in unsecured debt.
- No Debts Discharge: Only certain debts can be discharged (e.g., child support and taxes). You'll need a hardship exemption for most debts.
The United States Bankruptcy Courts for the Eastern District of Pennsylvania handle all bankruptcies in Harrisburg. When you file for bankruptcy, it can seem overwhelming with the various options available. Two main chapters to consider are Chapter 7 and Chapter 13.
The primary goal of a Chapter 7 bankruptcy is to eliminate as much debt as possible by liquidating non-exempt assets. This type of bankruptcy typically requires the assistance of a bankruptcy attorney in Harrisburg.
The primary goal of Chapter 13 bankruptcy is to create a payment plan that allows you to reorganize your debts and repay them over time. This type of bankruptcy typically requires the assistance of a bankruptcy attorney in Harrisburg.
It's recommended that you consult with an experienced bankruptcy attorney in Harrisburg to discuss your specific situation and determine which chapter of bankruptcy is best for you. With over 25 years of experience serving Pennsylvania debtors, our team can guide you through the process and ensure you receive the most benefits possible.