Chesterbrook, PA Bankruptcy Lawyer
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EVALUATION
At Sadek Bankruptcy Law Offices, we realize that every situation is different. Our debt relief lawyers will take the time to learn about your situation and your goals. Our objective is to explain your legal options and offer the best debt relief strategy for you in the most compassionate and friendly manner possible. Call 24/7 to schedule your meeting with a lawyer.
AVAILABLE
Our office understands the financial stress our clients endure. Therefore, in addition to reasonable legal fees, we offer a payment plan to all of our valued clients to make quality legal services most affordable.
AND NJ
In addition to our primary law office in Center City, Philadelphia, we also have law offices throughout the Greater Philadelphia, Pennsylvania Area and in New Jersey. Our branch offices have contributed to making us the #1 Bankruptcy Filer and debt relief firm in the Greater Philadelphia area. Our goal is to have a convenient location within 20 minutes of where our clients work or reside.
Chesterbrook, PA Bankruptcy Lawyer
Financial distress can strike anywhere, anytime, even in idyllic Chesterbrook. If you’re a Chester County resident who is drowning in debt it may be time to visit one of Sadek Bankruptcy Law Offices’s offices and speak with one of our Bankruptcy Lawyer, conveniently located throughout the Philadelphia metro area.
Don’t wait for a financial crisis to end your marriage or disrupt your work. Don’t let the repo man have your car. Stay in your home. Start saving your financial future with a simple phone call.
How do I know it’s time to file for bankruptcy?
It’s different for everyone, but you should start thinking of it if a considerable number of your credit accounts are in danger of going to third-party collections or are already there. If you’re about to get sued over a debt bankruptcy could protect you. If you are in danger of losing your home or care you need to make the call.
See also: Are You Waiting Too Long to Seek Bankruptcy Relief?
How much does it cost to file for bankruptcy?
Probably less than losing your house or your car.
Court filing fees are $400. This includes the mandatory credit counseling all bankruptcy filers must attend. It also includes a copy of your credit report.
Then there are attorney fees, which cover all the work that needs to be done to file your bankruptcy case. A simple Chapter 7 case costs a minimum of $1250.00. A Chapter 13 case costs $3000.00 to $3500.00 depending on income level. We do offer payment plans and determining fees is part of our free consultation process, which means there will never be any unpleasant surprises.
See also: Why You Shouldn’t Be Afraid of Bankruptcy Legal Fees
Do I choose Chapter 7 or Chapter 13?
Chapter 7 filers will need to pass a means test before they can take advantage of this form of bankruptcy. Chapter 7 is best if you have few assets and just need to get a clean slate. If you’re trying to protect a home or a car Chapter 13 may be the way to go.
Choosing the right form of bankruptcy protection for your unique financial situation is something we’ll do together at your free consultation. There are many other factors that can impact which form of bankruptcy is right for you.
I’m embarrassed about filing for bankruptcy
You shouldn’t be.
Bankruptcy is a legal process built into our financial system. Many of our financial instruments take the existence of bankruptcy into account. Why are credit card interest rates and fees set the way they are? In part, because they are accounting for the risk that a debtor might not be able to repay.
Major corporations with far more assets than the average family can even dream of seeing file for bankruptcy protection all the time. There are famous billionaires who have filed for bankruptcy protection multiple times. And though they may not discuss it with you, there are probably quite a few people in your life who have already filed.
Keep in mind your employer and family members will never know about your bankruptcy case unless you owe them money, or unless you choose to tell them.
See also: 4 Reasons You Should Never Be Ashamed to File for Bankruptcy.
Will I ever be able to get credit again?
In a word, yes. Chesterbrook is an affluent area, which means credit card companies are already targeting your zip code with offers. Like most of our bankruptcy clients, you’re likely to find yourself inundated with them just a few short weeks after you receive your discharge, in part because your credit score will improve.
See also: Why You’ll Definitely Get Credit Card Offers After Bankruptcy.
Will I ever be able to own my own home again?
Yes! It may take you about two years to rebuild your credit enough to receive a new home loan, but it’s entirely possible to do it. While you rebuild your credit, it’s also wise to save for a down payment so you’ll be in less debt this time around.
We’ve compiled this list of bankruptcy-friendly lenders to help you find the right post-bankruptcy mortgage.
How complicated is a bankruptcy case?
Bankruptcy cases are complex enough that you should never try to “go it alone.” If you want a successful case, you’ll need help from a Bankruptcy Lawyer.
Call the law offices of Sadek Bankruptcy Law Offices today to schedule your free consultation. We’ll help you take control of your financial future.