122 S. Church Street, West Chester, PA 19382
Bankruptcy Lawyers Serving Delaware County, PA
Wetzel, Gagliardi, Fetter, & Lavin LLC proudly serves the Delaware County community with professional bankruptcy attorney services. Navigating bankruptcy requires an extensive understanding of the law. Our legal experts possess an impressive track record, having assisted a variety of clients in securing financial recovery. When you are drowning in debt, our team is there to lend a helping hand.
As knowledgeable professionals, our bankruptcy attorneys offer tailored legal advice and guidance to Delaware County, PA, clients. We assist individuals and businesses alike, adjusting our tactics to fulfill your specific needs. Whether you are aiming to liquidate your assets or restructure your loans, you can depend on our lawyers for a streamlined approach.
Which Chapter Bankruptcy is Right For You?
It is easy to feel overwhelmed when initially filing for bankruptcy. There are multiple types of bankruptcy in Delaware County, each with its own benefits and considerations. Our bankruptcy attorneys will consult with you to help you better understand your options. We will evaluate your finances, your history of bankruptcy, and your overall goals to determine which path to take. Below is a general overview of the three Bankruptcy Chapters.
Chapter 7 Bankruptcy: The liquidation chapter allows individuals and businesses to sell off their assets in order to repay and eliminate unsecured debts. This is an effective way to achieve a fresh start to your finances.
Chapter 11 Bankruptcy: Chapter 11 primarily assists businesses, permitting them to maintain their operations while restructuring their debt. Our attorneys help you propose a repayment plan, negotiate with creditors, and reorganize your financial approach.
Chapter 13 Bankruptcy: This chapter allows individuals and businesses to develop a tailored repayment plan that spans between three and five years. Through this plan, debtors maintain their assets while paying off their outstanding debts. Chapter 13 is frequently used to prevent foreclosure.
File for Bankruptcy in Delaware County, PA
As part of our bankruptcy attorney services in Delaware County, we provide legal assistance to homeowners looking to prevent foreclosure. Filing for Chapter 13 Bankruptcy is a common defense against foreclosure. Chapter 13 bankruptcy allows creditors to restructure their debts to be paid back over time. This temporarily halts debtors and gives you an opportunity to accrue your owed mortgages.
Facing foreclosure can be a trepidating experience, but our experienced attorneys are here to equip you with the legal knowledge and direction you need. Call today to regain control over your finances and protect your Delaware County home from foreclosure.
