Pennsylvania Personal Bankruptcy Lawyer
Bankruptcy is a federal law that provides individual and businesses with the ability to either liquidate or reorganize their debts, provided that the individual or business meets certain criteria set forth in the Bankruptcy Code. The main purpose of the bankruptcy laws is to allow an individual or business to address their debts, and to get a "FRESH START" from financial problems. The Bankruptcy Code is a complex set of rules and regulations that is extremely difficult to navigate. At Gross & Patterson, LLC we have many years experience in representing people and businesses in bankruptcy to help them get the "FRESH START" they are entitled too and deserve.
Credit Concerns and Bankruptcy
One of the fears that people have about filing bankruptcy is that their credit will be ruined forever. In reality, filing bankruptcy can be the first step in improving your credit and getting a fresh financial start. By taking proactive steps in resolving your financial difficulties you can begin the process of rebuilding credit. By eliminating or restructuring debt and financial obligations you can begin to turn around what is oftentimes an overwhelming and difficult situation. If there does not appear to be an end to a downward financial spiral, and there does not appear to be an alternative, filing for relief under the Bankruptcy Code may be the best thing to do. Let us help you to begin this journey toward a "FRESH START."
There are many myths about bankruptcy that people have heard from family members, credit card companies and the media. At the law firm of Gross & Patterson, LLC, in Pittsburgh, our attorneys can dispel the myths and help you understand your rights under the U.S. Bankruptcy Code. We offer a free initial consultation to evaluate your case and answer your questions.
Don't Put Off Filing Bankruptcy
Many people with serious debt problems avoid filing bankruptcy until they have exhausted every other option: dipping into retirement accounts, borrowing money from relatives, and even spending good money after bad in debt consolidation schemes. Unfortunately, these stop-gap measures typically result in further debt and the loss of assets that you could have saved if you had filed bankruptcy instead.
Most people who file bankruptcy don't lose anything but their debts. Retirement plan savings and many other personal assets are protected by bankruptcy exemptions. For many people, Chapter 7 bankruptcy or Chapter 13 bankruptcy is not only the best solution to debt problems; it is the only solution that works. So why put it off?
Learn more about filing bankruptcy in Pennsylvania.
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For More Information About Bankruptcy
To schedule a free initial consultation with our Pittsburgh bankruptcy lawyers, call 412-567-4732 or fill out the contact form on this website.