122 S. Church Street, West Chester, PA 19382
East Goshen, PA, Reliable Bankruptcy Lawyers
Navigating bankruptcy can be overwhelming, requiring the assistance of legal experts who can guide you through the process. Our bankruptcy lawyers in East Goshen, PA, understand the stress associated with debt and financial troubles and we are dedicated to helping you secure a second chance. From relentless collectors to threats of foreclosure, we work to eliminate the burdens that come with accumulating debts.
At Wetzel, Gagliardi, Fetter, and Lavin LLC, we tailor our legal services to fit the unique needs of every client. We provide bankruptcy attorney services to individual and corporate clients alike. No matter your situation, our East Goshen lawyers will help you work through your debts with a personalized plan. Reach out to our office today to begin planning your bankruptcy.
Choosing a Bankruptcy Chapter in East Goshen, PA
There are three chapters of bankruptcy to choose from when deciding to submit a petition in East Goshen, PA. Each of these chapters has its pros and cons to consider. Chapter 7 bankruptcy is considered the “liquidation” chapter. Under this chapter, businesses or individuals will liquidate their assets to immediately repay as much of their debt as possible. Any remaining debt will be discharged by the court with a few exceptions such as alimony and student loan payments.
Chapter 11 bankruptcy and Chapter 13 bankruptcy are both considered “reorganization” chapters, with Chapter 11 applying to businesses and Chapter 13 applying to individuals in East Goshen, PA. Under these chapters, debts and finances will be reorganized to create a three to five-year repayment plan. Unlike Chapter 7, these chapters allow you to maintain possession of assets.
Bankruptcy Law Firm in East Goshen, PA
Wetzel, Gagliardi, Fetter, and Lavin LLC is a trusted law firm in East Goshen, PA, specializing in bankruptcy legal services. Our team of seasoned attorneys oversees the bankruptcy process for residents and corporate clients. As experienced lawyers, we possess extensive knowledge of bankruptcy procedures and can guide you through the intricacies of the process. By assessing your debt and current finances, we will help determine which chapters you qualify for and which is the most applicable to your circumstances.
Bankruptcy in East Goshen, PA, can have detrimental consequences if not navigated with careful thought and precision. It is crucial to employ legal professionals who can help you weigh your options. Get in touch with our East Goshen bankruptcy attorneys to schedule a consultation.
