Legal Counseling For Bankruptcy in Radnor, PA
Bankruptcy is a legal proceeding that can help people and businesses stay afloat when faced with overwhelming debt. Bankruptcy can save your home from foreclosure, eliminate unsecured debts, restructure your secured debts, and stop harassment from collector agents. There are a number of factors and legal considerations that play into the bankruptcy process, requiring professional assistance to ensure a favorable outcome.
Wetzel, Gagliardi, Fetter, & Lavin LLC provides legal bankruptcy counseling for residents of Radnor, PA. We walk you through the process from the initial petition to courtroom representation. Our bankruptcy attorneys have helped numerous clients obtain a fresh start on their finances. Get in touch with us today to learn more about our legal bankruptcy services.
Radnor, PA Experienced Bankruptcy Lawyers
Bankruptcy should be approached with careful consideration. Depending on the chapter of bankruptcy you choose to pursue, you could face a lowered credit score, loss of assets, loss of tax returns, and persistent debts. Our team of bankruptcy lawyers is highly knowledgeable and can guide you through your options. We provide attorney services for Chapter 7, Chapter 11, and Chapter 13 bankruptcy in Radnor, PA. With our guidance, you can petition for bankruptcy with confidence and a clear understanding of its effects.
How To Prevent Foreclosure in Radnor, PA
In addition to eliminating debt, bankruptcy can also put a stop to foreclosure. Chapter 13 bankruptcy is designed to restructure your debt. Under this chapter, debtors will propose a plan to pay back their debts over a period of 3-5 years. Unlike Chapter 7 bankruptcy, this allows individuals to maintain possession of their assets as long as they meet their obliged payments. After filing for Chapter 13 bankruptcy, any foreclosures will immediately be stopped.
There are limitations regarding who can and cannot file for Chapter 13 bankruptcy in Radnor, PA, based on income, previous bankruptcy petitions, and how much debt you are in. Our attorneys will work with you to determine whether you qualify and the best course of action based on your circumstances. Contact us today to consult with one of our local bankruptcy lawyers serving Radnor, PA.
Get The Legal Assistance You Need in Radnor, PA
When it comes to filing bankruptcy, you can rely on Wetzel, Gagliardi, Fetter, & Lavin LLC for professional guidance. We strive to secure the best possible outcome for clients, with strategies tailored to their financial situation. Contact us today or fill out the form below to request a consultation with one of our attorneys serving Radnor, PA.