When Will My Chapter 13 Case Be Discharged in Philadelphia Bankruptcy Court?

When Will My Chapter 13 Case Be Discharged in Philadelphia Bankruptcy Court?

There are two courthouse locations for the United States Bankruptcy Court for the District of Eastern Pennsylvania: one court located in Reading, and a second court located on Market Street in Center City, Philadelphia.  Regardless of which court handles your Chapter 13 bankruptcy case, your goal as a filer is to obtain a discharge, which will release you from liability from many of your debts.  The question is, how long will it take for your case to be discharged?  Our Philadelphia Chapter 13 bankruptcy lawyers explain how long Chapter 13 cases take to complete in Pennsylvania.

How Long Before Chapter 13 Bankruptcy is Discharged in Pennsylvania?

bankruptcy lawyers philadelphia pa

It’s important for debtors to understand that Chapter 13 bankruptcy is a lengthy process.  Unlike Chapter 7, which resolves in a matter of months, Chapter 13 bankruptcy, which is more legally, financially, and procedurally complex than Chapter 7, lasts for a period of three to five years, or 36 to 60 months.

The reason Chapter 13 bankruptcy takes three to five years to complete is that it includes a feature known as the “reorganization” plan (which is also why Chapter 13, like Chapter 11, is sometimes described as reorganization bankruptcy).  In plain terms, the reorganization plan is a plan you create with your attorney, subject to approval by the court-appointed trustee, which requires you to make payments over a period of three to five years.

The benefit of making these payments is that you will be permitted to keep your property – which, bankruptcy exemptions notwithstanding, might have been sold off by the trustee had you filed under Chapter 7.  You can even use Chapter 13 bankruptcy to save your house from foreclosure by catching up on missed mortgage payments, which is another matter our Philadelphia foreclosure defense lawyers can help you with if you are worried about losing your home.

Before you are permitted to declare Chapter 13 bankruptcy in Pennsylvania, you will need to prove to the bankruptcy court that you have enough disposable income to afford continuous, timely payments to creditors under a reorganization plan.  For this reason, certain debtors are excluded from filing under Chapter 13.  For instance, you may be required to file under Chapter 7 if you are unemployed and have no disposable income, or if your median household income is lower than that of a Pennsylvania household of equivalent size.

Conversely, you may be required to file under Chapter 13 if the court determines you have the financial means to successfully accommodate a reorganization plan.  In fact, the test that determines whether you have enough disposable income for Chapter 13 is called the means test for this very reason.

What Happens When My Bankruptcy Case is Discharged?

bankruptcy attorney philadelphia

If you adhere to your reorganization plan, pay all of your court fees, submit all required documentation in a timely manner, make all of your required court appearances, refrain from engaging in fraudulent activities, comply with tax laws, and complete bankruptcy’s creditor counseling and debtor education requirements, your case can be discharged after three to five years.

So then what happens?

It can be challenging for a filer to see a Chapter 13 reorganization plan through to the end; but successful completion of your case can yield immense financial rewards.  Once your case is discharged, you will no longer be considered liable for the dischargeable debts that were included in your Chapter 13 reorganization plan, such as credit card debt, medical debt, and debts arising from personal loans, breach of contract, and divorce property settlements.  That means those creditors can no longer contact you, nor can they initiate new legal proceedings, in order to pursue payment of the discharged debts.

There is also an added benefit to completing a Chapter 13 bankruptcy: once you have been relieved of your liability for dischargeable debts, you will have the financial breathing room you need to start repairing your credit for the future.  Your credit score will initially drop, but with many of your debts eliminated, you will be able to make timely payments on utility bills and other expenses, which will gradually cause your credit score to improve.

Philadelphia Chapter 13 Bankruptcy Attorneys Serving Bucks and Delaware County

Chapter 13 may seem like an intimidating process, but you shouldn’t let that stop you from exploring bankruptcy as a possibility for resolving your financial issues.  Chapter 13 bankruptcy can help you save your home from foreclosure and keep your most precious possessions while simultaneously reducing your debt and setting you up to start building good credit in the future.

Further, you won’t have to handle your case by yourself.  You will have an experienced bankruptcy attorney in Philadelphia to guide, counsel, and support you at every stage of the process; and, should your financial circumstances change while the case is underway, it may be possible to convert your Chapter 13 bankruptcy to a Chapter 7 bankruptcy with assistance from a Philadelphia Chapter 7 lawyer.

If you need help avoiding foreclosure or managing burdensome debt, Chapter 13 bankruptcy may be an effective legal strategy.  Otherwise, you may be a suitable candidate for Chapter 7 bankruptcy, or one of the various alternatives to bankruptcy, such as debt consolidation.  To talk about your legal options in a free and confidential bankruptcy consultation, contact Sadek & Cooper Law Offices at (215)-545-0008 today.  We serve clients throughout the Philadelphia region, including Bucks County and Delaware County.

GET YOUR FREE CONSULTATION

superlawyers_badge

SEEWHAT OUR CLIENTS ARE SAYING

Matthew Justice
Matthew Justice
07:11 16 Jul 18
Brad Sadek has no equal when it comes to Foreclosure defense and bankruptcy. He is knowledgeable about the whole thing. It actually gave me confidence during the case.
Landlord Guy
Landlord Guy
16:25 06 Jul 18
Well... About a year ago I was faced with an unpleasant (but necessary) decision. I contacted Sadek and Cooper to make an appointment and ended up speaking with Brad. I brought all of the required/requested information and we did some calculations together (I like numbers) to see what my options were. The process was relaxed and transparent, and his advice was neutral and objective (in my opinion). I ended up filing for CH13, which allowed me to keep my property. I worked with Matt for the remainder of the process. He was communicative, helpful, and very patient with someone like me who asks A LOT of questions. If you're going to go for CH7 or CH13 I'd suggest at least talking to Sadek & Cooper to get an idea of what your options are. And if you decide to go through it with them I can't imagine you'll be disappointed (as lond as YOU do what's required on time, etc. of course). We're talking about court here, so it's best to be early and over-prepared for everything. I hope I never have to use their services again (for obvious reasons lol), but I'm certainly very happy that I DID when I needed to. They helped me tremendously and it has been SMOOTH SAILING since my CH13 plan was approved. I wish them all the best and look forward to the end of my CH13 and it being cleared from my record eventually. If you're considering CH7 or 13 DO your RESEARCH. Don't be "afraid", educate yourself, be an INFORMED consumer. And go talk to Sadek & Cooper for some SOUND advice and a good analysis of your options! SOONER rather than LATER. Don't wait until the last minute.
Joseph Olson
Joseph Olson
17:12 22 Jun 18
We are extremely pleased with this firm. They have provided amazing detail, information and support during this difficult time in our life. We are truly grateful for all of their hard work and would highly recommend them to anyone!
Jamie Daniels
Jamie Daniels
13:20 20 Jun 18
I am more than happy with the service and expertise I received when I filed my recent chapter 13 case. They made everything very easy and comfortable under very stressful circumstances. I would highly recommend Sadek and Cooper.
Nagena Pierre-Louis
Nagena Pierre-Louis
13:19 13 Jun 18
I was less than a week away of losing my home. Sadek And Cooper helped me to save my only home. If they helped me they will be able to help you. Their help is just a phone call away. Please just call them!
Alicia Green
Alicia Green
14:16 22 May 18
My experience with Sadek and Cooper was awesome. They were extremely helpful with answering all my questions and made me feel comfortable and less anxious about filing for bankruptcy. The process was smooth and quick and had no issues at all!Alicia
Selena Pinkney
Selena Pinkney
13:52 22 May 18
I used Sadek Law Firm and had the best experience. All of the staff were very helpful and knowledgeable. They made a very scary process easy and painless. I would and have recommended their services.
Ethan Hew
Ethan Hew
13:44 16 May 18
Sadek & Cooper has to be the best firm for our bankruptcy needs. They walked my wife and I through the entire process and were always there to answer our questions. Hands down the best firm I’ve ever worked with.
Chris Jamison
Chris Jamison
19:52 04 May 18
Matt Lazarus from the start was very helpful with making me filing for bankruptcy as easy as possible. It is one of the hardest things to go thru in life. But you have to look at it as a new start. Thank you again to everyone at Sadek & Cooper for all your help.
Thomas Wright
Thomas Wright
15:09 24 Apr 18
Sadek and Cooper Law did a great job on my bankruptcy case. I really appreciate their assistant. Thank you
Kelly McKenna
Kelly McKenna
11:57 19 Apr 18
This form - specifically Yoninah Orenstein and Patrick Cooper are PHENOMENAL. They were great to work with, very fair with legal fees, and successful in getting an excellent settlement for my divorce (short term marriage
Dessiana Cruz
Dessiana Cruz
13:11 04 Apr 18
I was nervous about bankruptcy, but from the moment I stepped in your office I felt at ease. This process was so easy with your help, that yesterday I was talking to my coworkers about it and recommending your firm to them. You make something that’s scary seem easy and I thank you so much for helping me!
Valerie Nesbitt
Valerie Nesbitt
14:51 03 Apr 18
Sadek and Cooper have been excellent. Everyone has been extremely helpful and patient. The lawyers I have worked with, Matt and Brad, are extremely knowledgeable. I felt very comfortable with them handling my case.
Marlena Lucas
Marlena Lucas
16:08 02 Apr 18
Very simple. Any time I had questions, they were answered quickly. The lawyers are just great. Just a fast painless process.
James Smith Sr
James Smith Sr
13:19 14 Mar 18
Everything has been great. Really awesome job with my case... You and your staff have done a perfect job in my opinion.
Michkel Davis
Michkel Davis
17:02 09 Mar 18
Mr. Sadek was the best and most thorough lawyer I’ve ever met. He’s very human and caring about our case. His whole staff is great too. Highly recommend...
Tamika Richardson
Tamika Richardson
14:56 01 Mar 18
My bankruptcy went very smoothly with your firm. No issues. You are all very nice. That’s why I recommend my sister to your firm and your now helping her too! Thanks again.
Geraldine Ross
Geraldine Ross
14:14 28 Feb 18
This is an Excellent firm to work with; my questions were answered in a timely manner and I felt very supportive in handling my bankruptcy. I would highly recommend this firm to others who have found themselves in a position like mine.
Lavern Baker
Lavern Baker
17:03 23 Feb 18
You are all super lawyers. Brad and Matt made me feel comfortable. Every one in your office so nice and just made it easy. You’re the best!
peter b
peter b
19:42 21 Feb 18
Thank you, Sadek and Cooper Law offices for your dedication on my behalf. I appreciate Matthew and Patrick and your staff and all that everyone did to support me in this legal matter. You took an embarrassing, sad experience, for me, and turned it into a successful solution without all the emotional pain expected. After dealing with a loan modification company for over eighteen months without going to an attorney first that is the biggest mistake anyone can make. The Modification Companies set out to sell you lies, broken promises and dilute the homeowner's assets with no knowledge of any kind of law. I can't stress enough stay away from Modification companies, as a Military Veteran and family man, protect you or your family best interest. Go directly to Sadek and Copper you will not regret it! This firm moves with Super speed and diligence protecting you and your family's the entire process, even after watching some of these other attorneys in the courtroom appearing to mishandled their clients’ cases before the Trustee. You made it easy and I’m finally getting my financial life back on track! Thank you for your prompt replies to me, your clear information and preparation needed when at the courthouse. I would of course recommend you to others and I am glad you were the one who had my case. Kind genuine law firm who treats you like family. God bless you all and I pray for your continued success in your field of expertise. This firm is Super Lawyers for a reason. They are the best at what they do! Pete
Doug Tinlin
Doug Tinlin
06:55 15 Feb 18
Brad Sadek gave me hope when he decided to handle my mortgage for enclosure defense. I had exactly 10 days left of the 30 days ultimatum given me, but he was able to bargain for an extra 30 days for me to pay up. That duration turned out just right.
Jacinth Jacinth
Jacinth Jacinth
16:07 31 Jan 18
Excellent service. Brad and Matt were outstanding and friendly. They helped me through this. I’ve never met attorneys like these. Thank you!
julie njoku
julie njoku
12:29 24 Jan 18
Brad Sadek is excellent!. He understands and he's fair. You feel like you have someone fighting for you. The staff is friendly, professional, and courteous. These guys are the best at what they do !
Owen Black
Owen Black
20:14 09 Jan 18
Thanks for the great service! I would recommend this firm highly. Throughout the years I have been helped by this firm greatly and very much appreciated.
Steven Rychalsky
Steven Rychalsky
15:30 09 Jan 18
Sadek and Cooper law office was a wonderful experience to work with. Bankruptcy is a difficult experience but they helped with the stress so much and made it easy. I would recommend Sadek and copper too anyone.
Chris Kourelias
Chris Kourelias
19:09 28 Dec 17
Working with both Brad & Matthew was a pleasure. Both gentlemen are extremely knowledgeable and helpful in providing me the right assistance needed to make the correct decision to benefit me in the long run. I would recommend both candidates to anyone looking for assistance with a reputable law firm.
Jennyfer Santana
Jennyfer Santana
21:17 21 Dec 17
Highly Recommended. Matt & Brad assisted with my case. I felt comfortable throughout the entire process. Matt was very understanding, patient, and ensured he answered all my questions! Both great guys and very friendly! It was a pleasure working with Matt and Brad.
Next Reviews Write a review
Call Us Now