Bankruptcy Lawyers in Pennsylvania and New Jersey
Allow You and Your Family to Protect Your Home and Other Assets Through Bankruptcy Protection
☑ Foreclosure + Sheriff Sales
☑ Harassing Phone Calls
☑ Wage Garnishments
☑ Utility Shutoffs
Young Marr & Associates
Over 30 Years of Helping People Like You
AS SEEN IN
You Can Get a Fresh Start
My name is Paul Young. I am the founding partner of Young, Marr & Associates. I have been helping good people like yourself get back on track for over 30 years. There are many reasons that people find themselves in a situation where filing bankruptcy can help them get a fresh start. Maybe it was a sickness. Maybe it was the loss of a job. We can help you get out of a tough situation and get back on track to regaining financial freedom – all under the protection of the court.
We Have Helped Thousands of People Just Like You
“A 5 star rating of excellent is an understatement. Paul’s legal knowledge and skill set are worthy of a 10 star rating of Superb. He is a brilliant bankruptcy attorney who exceeded my expectations. He and his staff effortlessly guided me through a bankruptcy filing with ease and professionalism.” – James
“Mr Young has worked on a few issues for me, he is very caring, listens and WILL return your calls. He filed a chapter 7 bankruptcy for me recently and it went very smooth. In the past, he helped me get my SSDI benefits due to disability on the FIRST application. Do not hesitate to call Paul. I went into his office a nervous wreck and left 20 mins later reassured.” – Jeff
“When I met with Paul, I was stressed and crying. Within minutes I felt so much better. I am a widow on disability, who couldn’t manage my bills because of medical expenses. Paul listened and advised me on the different types of bankruptcy. He guided me every step of the way to come up with a good solution. He was always available to answer my questions. He really cares.”– Mary
“I would highly recommend Young Marr. I was very scared and nervous filing Ch. 7 for the first (and hopefully only) time. Mr. Young Young even returned a phone call to me on a Sunday, holiday weekend, when I was concerned about losing my car. I will always be very grateful for the help and assistance I received from the entire firm. Thank you to all of them.”– Lisa
We have offices located in Bucks County, Philadelphia, Quakertown, Bensalem, Bala Cynwyd, Doylestown, Jenkintown, Allentown, Easton, Mt. Holly, Hamilton Twp., Marlton and Piscataway
There are numerous advantages to filing when you are in a financial predicament. Once your case has been filed, the harassing telephone calls, lawsuits, shutoffs, home foreclosures, bank freezes and wage garnishments will all stop. It protects all your assets, including savings and checking accounts from future collection efforts. Further, filing bankruptcy is not something you should be ashamed of or feel guilty about. The founding fathers of our country considered bankruptcy so important that they specifically included it in the U.S. Constitution. They understood that sometimes it would be necessary that there be laws in place to allow people to, when necessary, cancel their debts and get a fresh start with their lives rather than spend years and years as slaves to creditors. In fact, over the years, a number of famous successful athletes, entertainers and business people had to do the same thing that you may be thinking about – seek relief by filing a personal bankruptcy.
☑ Been paying credit card balances that seem to never go down?
☑ Lost your job and are now having trouble keeping up?
☑ Attempted to work out a payment arrangement to no avail?
☑ Been notified of a mortgage foreclosure action?
☑ Been denied for a mortgage or other line of credit?
If the answer to any of these questions is “yes” then bankruptcy may be an option that you should consider.
Learn How Bankruptcy Can Help You
A Chapter 7 bankruptcy, sometimes referred to as a liquidation, is the most common form of bankruptcy filing. This type of bankruptcy accounts for approximately two-thirds of all consumer bankruptcy filings.
A Chapter 7 bankruptcy will result in a discharge of all unsecured debts which include credit cards, medical bills, most personal loans, and utility bills. If you file a Chapter 7 bankruptcy, you may keep your car and your home (provided that you do not have the exceeded amount of equity in those items) and you will continue to make payments on your mortgage and/or car loan. A Chapter 7 bankruptcy is different than other types of filings because the debtor does not make a monthly payment to the Trustee. In a great majority of cases, all of your property is exempt under bankruptcy law, meaning you keep all of your property.
Chapter 13 bankruptcy, which is also called “reorganization bankruptcy,” is a type of personal bankruptcy that a person can use to catch up on delinquent debts while keeping his or her home, vehicle and other valuable assets.
When a person files for Chapter 13 bankruptcy, he or she creates an agreement known as a “reorganization plan,” which may last from three to five years depending on the situation. The purpose of the reorganization plan, which must be approved by the bankruptcy court, is to determine how the debtor will repay his or her creditors. These payments, which are managed by a court-appointed bankruptcy trustee, are funded by the debtor’s disposable income, which means that certain debtors may be ineligible to file Chapter 13.
When the bankruptcy case comes to an end, the court will wipe out the debtor’s remaining dischargeable debts. Chapter 13 can prevent foreclosure on the debtor’s home, or stop the debtor’s vehicle from being repossessed.
Mortgage Foreclosure Defense
Foreclosure is a frightening prospect, but don’t give up hope of keeping your property. It may be possible to prevent foreclosure and remain in your home by taking strategic financial action.
Depending on the situation, there are several strategies that can stop or postpone the foreclosure process in Pennsylvania. These strategies include Chapter 7 bankruptcy (“liquidation”), Chapter 13 bankruptcy (“reorganization”), short sales, forbearance agreements, and mortgage modifications.
Serving homeowners in Philadelphia, Bucks County, and the surrounding region of Pennsylvania, the foreclosure defense lawyers of Young, Marr & Associates can help you negotiate a plan with your lender, file for Chapter 7 or Chapter 13 bankruptcy, or explore other strategies that could allow you to keep your house. If you’re worried about losing your home to foreclosure, contact us for a free consultation about your options today.
Our attorneys often file emergency and even same-day bankruptcy filings for clients who are trying to keep assets such as a home or vehicle.
AWARDS & RECOGNITIONS
12 CONVENIENT OFFICE LOCATIONS
- BALA CYNWYD
- MOUNT HOLLY
- Hamilton Twp.