Are you looking for a Bankruptcy Lawyer Nearby your home or office?
Local Bankruptcy Attorney C. Stephen Gurdin Jr. provides quality local legal services to individuals, corporations and law firms, and gives an initial consultation, with an estimate of his fees and costs, at no charge in the Wilkes-Barre, Scranton area. If you’re like most people, when you borrow money, you have every intention of paying it back. But then something happens; perhaps you lose your job or your hours get cut, your small business slows down, you get sick or you have to stay home to care for your children or an elderly parent. Whatever the reason, you find yourself unable to keep up with your payments.
Bankruptcy Lawyer Nearby Can Help You File Chapter 7 Bankruptcy?
Not everyone qualifies for a Chapter 7 discharge. You’ll qualify if your gross income is lower than your state’s median income. If it’s higher, you’ll still qualify if, after paying allowed monthly debts, you don’t have enough left over to feasibly complete a Chapter 13 repayment plan.
Other requirements exist, too. For instance, you won’t be able to use Chapter 7 bankruptcy if you already received a bankruptcy discharge in the last six to eight years (depending on which type of bankruptcy you filed). And where you can file will depend on how long you’ve lived in the state.
Luzerne County Bankruptcy Lawyer Nearby Attorney C. Stephen Gurdin Jr. helps people in Luzerne County Pennsylvania, suffering temporary or permanent loss of income or reduction in income due to work related injury. If you have suffered a work related injury and are receiving only medical assistance while waiting for the compensation for loss of income that you deserve, a bankruptcy may be the answer. The stay created by the filing of a Luzerne County Bankruptcy can hold off creditors, even your mortgage, mortgage foreclosure and car payments and repossessions, while you apply for compensation or get back to work.