Bucks County Bankruptcy Attorneys Help You File for Chapter 7 or Chapter 13 Bankruptcy

Bucks County Bankruptcy Attorneys Help You File for Chapter 7 or Chapter 13 Bankruptcy

Bucks County is one of the 100 most populous counties in the United States. Leveraging its talented and industrious population, its natural resources and beauty, and a long history of settlement and growth have allowed Bucks County and its towns to develop into attractive places to live and visit. Whether you live in Yardley in Upper Bucks or Croydon in Lower Bucks County, the Delaware River Valley is a place with numerous economic opportunities.

However, while many people will find immediate success, it may take some time for others to gain their footing. Regardless of the reasons behind the financial difficulties you have encountered, the bankruptcy attorneys of Sadek & Cooper are happy and proud to help hard-working people get a handle on their debt situation. We can provide guidance regarding Chapter 7 or Chapter 13 bankruptcy and bankruptcy alternatives. To schedule a confidential consultation, call the bankruptcy lawyers of Sadek & Cooper at 215-545-0008 today.

What Are Common Reasons for Filing Bankruptcy in Bucks County?

While no two financial situations are the same, there are certain factors that we frequently see in the bankruptcies we handle in Bucks County. Perhaps the most common factor we see in bankruptcies is a severe injury, illness, or other medical event. A heart attack, severe illness, or severe injury due to an accident frequently require a person to stop work and focus on their recovery. Thus, a household’s income often drops precipitously just as large medical bills are incurred. An illness or injury hits both sides of an individual’s or household’s balance sheet.

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Another common scenario that may motivate a bankruptcy is a job loss. This is especially true in a single income household. Other scenarios where a job loss is more likely to push an individual or family to bankruptcy include situations where little savings were available. Furthermore, an extended job loss where a person uses credit cards to meet bills and obligations often frequently results in a difficult debt situation.

In What Court Do I File My Bankruptcy Petition if I live in Levittown, Bristol, Fairless Hills, or Elsewhere in Bucks County?

It is essential to file your bankruptcy petition in the proper court. A failure to file a Chapter 7 or Chapter 13 petition in the right court is likely to result in a dismissal of your case. You will need to file in the proper court and start the process from the beginning. Furthermore, it is important to understand in which court filing is proper because a failure to do so will mean that you are not aware of local rules and standing orders that may require you to approach certain aspects of the filing in a specific manner. Depending on the severity of the oversight, this too may result in your matter being dismissed until the filing is sufficient.

All individuals living in Bucks County are required to file their bankruptcy petition in Pennsylvania’s Eastern District Bankruptcy Court. This is a federal court with courthouses in Reading, Pennsylvania and Philadelphia, Pennsylvania. Individuals living in Bucks County should expect to have their proceedings at the Philadelphia courthouse.

How Can I Choose Between Filing Chapter 7 or Chapter 13 Bankruptcy?

Deciding between Chapter 7 bankruptcy and Chapter 13 bankruptcy is often difficult for people considering bankruptcy. Generally speaking, Chapter 7 bankruptcy is better suited for individuals with unsecured debts and assets that are adequately protected by bankruptcy exemptions. Furthermore, individuals who file for Chapter 7 will need to prove that they are “deserving” by passing the Chapter 7 means test that considers your income and disposable income.

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However, some taxpayers will be better served by Chapter 13 bankruptcy. This includes households that cannot past the means test and qualify for Chapter 7. It also includes bankruptcy filers who have significant property and assets that they wish to protect. Finally, individuals primarily holding secured debts are also often better served by Chapter 13 due to the unique lien stripping provisions under this Chapter of the bankruptcy code.

A Bucks County Bankruptcy Lawyer of Sadek & Cooper Can Handle Filing Chapter 7 or Chapter 13 for You

If you are considering filing for bankruptcy in Bucks County, the attorneys of Sadek & Cooper may be able to help. One of our law offices is conveniently located on Woodbourne Road in Levittown, Pennsylvania. While most Bucks County residents find this law office convenient and easy to find, we do offer additional locations throughout southeast Pennsylvania. To schedule a free and confidential consultation please call the bankruptcy attorneys of Sadek & Cooper at  1-800-689-1649 today.

 

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SEEWHAT OUR CLIENTS ARE SAYING

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.
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