Levittown, PA Bankruptcy Lawyer
When you become burdened with overwhelming debt, daily life can rapidly start to feel like a nightmare. When you cannot afford to cover your bills and the basic costs of living, stress and worry begin to build, and the constant notifications from aggressive, persistent creditors can turn a simple trip to the mailbox into a source of anxiety. You shouldn’t have to live in fear of answering your telephone or opening your mail.
Fortunately, you don’t have to. If you feel like you are drowning in debt and have nowhere to turn, consumer bankruptcy may be able to provide the relief and stability you need to get your financial affairs back on track. Millions of Pennsylvanians have found debt relief through bankruptcy over the years, and with the support and guidance of an experienced bankruptcy attorney, so can you. Call the law offices of Young, Marr & Associates today at (609) 755-3115 in New Jersey or (215) 701-6519 in Pennsylvania today to schedule your completely free and confidential case evaluation.
Do I Need a Lawyer to File for Bankruptcy?
Debtors are legally able to file for bankruptcy without an attorney, referred to as filing pro se. While filing pro se is technically permitted, it is never an advisable course of action. The official website of the U.S. Courts explains why it is critical to approach your bankruptcy with the help of an attorney:
“It is very important that a bankruptcy case be filed and handled correctly. The rules are very technical, and a misstep may affect a debtor’s rights. […] Individual bankruptcy cases are randomly audited to determine the accuracy, truthfulness, and completeness of the information that the debtor is required to provide. […] Bankruptcy has long-term financial and legal consequences — hiring a competent attorney is strongly recommended.”
What Are the Benefits of Bankruptcy?
While bankruptcy is usually “advertised” as a method of reducing or eliminating debt, it also comes with additional benefits under an injunction known as the automatic stay. Which debts can bankruptcy discharge, and how do you benefit from the automatic stay?
Most consumer bankruptcy cases are classified as Chapter 7, or Chapter 13. In either case, you may be able to eliminate or reduce many of your most significant debts. Debts which can typically be discharged include:
- Medical Debt
- Credit Card Debt
- Personal Debt
- Overdue Rent Payments
- Social Security Overpayments
- Utility Bills
The Automatic Stay
The automatic stay is so named because it goes into effect automatically from the moment you file your initial petition for bankruptcy. This is excellent news for debtors, because under the automatic stay:
- Creditors cannot continue to contact you.
- Collection actions must freeze while the stay is in effect.
- Wage garnishment must end, and you will receive your full paycheck.
Essentially, the purpose of the automatic stay is to give debtors some time to “get their bearings” and work out an effective financial plan going into the future.
Levittown, PA Bankruptcy Attorneys Offering Free Consultations
If you’re thinking about filing for bankruptcy in Levittown, you aren’t alone. According to the U.S. Bankruptcy Court for the Eastern District of Pennsylvania, there were over 1,500 filings in Bucks County in 2013 alone. Bankruptcy is not the end of your financial stability — it’s the beginning. Oftentimes, people who are thinking about filing for bankruptcy are hesitant to retain an attorney. The lawyers of Young, Marr & Associates have been handling consumer bankruptcy cases for over 20 years, and we completely understand our clients’ financial concerns. We offer flexible, affordable payment options, and will work with you to accommodate your budget.
In our decades of experience, we have filed more than 5,000 bankruptcy cases on behalf of Pennsylvanians and Levittown residents. In many cases, our clients are able to jump ahead financially by as much as five to 10 years. We can help you prepare and submit your paperwork, protect you from aggressive debt collectors, negotiate with your creditors, fight against a foreclosure or repossession, and more. When you’re ready to get started on a clean financial slate, our Levittown, Pennsylvania bankruptcy attorneys are ready to help.
To learn more about how the Levittown, Pennsylvania bankruptcy lawyers of Young, Marr & Associates may be able to help, call (609) 755-3115 in New Jersey or (215) 701-6519 in Pennsylvania, or contact us online today.
☑ 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.