Top Folcroft, PA Bankruptcy Lawyers Near You

Bankruptcy Lawyers | Blue Bell Office | Serving Folcroft, PA

325 Sentry Pkwy, Bldg 5W, Suite 200, Blue Bell, PA 19422

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

2008 Chestnut Street, Philadelphia, PA 19148

Bankruptcy Lawyers | Norristown Office | Serving Folcroft, PA

25 W. Airy St, Suite 100, Norristown, PA 19401

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1500 John F Kennedy Blvd, Suite 220, Philadelphia, PA 19102

Bankruptcy Lawyers | Media Office | Serving Folcroft, PA

212 W Front St, Suite 300, Media, PA 19063

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

Two Commerce Square, 2001 Market Street, Suite 3100, Philadelphia, PA 19103

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1900 Market Street, Suite 800, Philadelphia, PA 19103

Bankruptcy Lawyers | Southampton Office | Serving Folcroft, PA

1111 Street Road, Suite 305, Southampton, PA 18966

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

7715 Crittenden St., Suite 360, Philadelphia, PA 19118

Bankruptcy Lawyers | Bala Cynwyd Office | Serving Folcroft, PA

2 Bala Plaza, Suite 300, Bala Cynwyd, PA 19004

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

123 S. Board Street, Suite 1030, Philadelphia, PA 19109

Bankruptcy Lawyers | Pottstown Office | Serving Folcroft, PA

933 N. Charlotte St, Ste 3-B, Pottstown, PA 19464

Bankruptcy Lawyers | Jenkintown Office | Serving Folcroft, PA

115 West Avenue, Suite 104, Jenkintown, PA 19046

Bankruptcy Lawyers | Wayne Office | Serving Folcroft, PA

175 Strafford Avenue, Suite One, Wayne, PA 19087

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1601 Market Street, Suite 2230, Philadelphia, PA 19103

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1801 Market St, Suite 2300, Philadelphia, PA 19103

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1218 Chestnut Street, Suite 405, Philadelphia, PA 19107

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1628 John F Kennedy Blvd, Suite 1901, Philadelphia, PA 19103

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

Three Logan Square, 1717 Arch Street, Suite 3500, Philadelphia, PA 19103

Bankruptcy Lawyers | Pottstown Office | Serving Folcroft, PA

192 S. Hanover St, Suite 101, Pottstown, PA 19464

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

One Liberty Place, 1650 Market Street, Philadelphia, PA 19103

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

1800 JFK Blvd, Suite 403, Philadelphia, PA 19103

Bankruptcy Lawyers | Philadelphia Office | Serving Folcroft, PA

Centre Square West, 1500 Market St, Suite 3400, Philadelphia, PA 19102

Bankruptcy Lawyers | Downingtown Office | Serving Folcroft, PA

342 E Lancaster Avenue, Downingtown, PA 19335

Folcroft Bankruptcy Information

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Lead Counsel Verified Attorneys In Folcroft

Lead Counsel independently verifies Bankruptcy attorneys in Folcroft and checks their standing with Pennsylvania bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Bankruptcy Attorney near Folcroft

Are You Considering Bankruptcy?

If you’re overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Folcroft bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

What is bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What happens when I file for bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How much does it cost to file for bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How long does bankruptcy stay on your credit report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.

How an Attorney Can Help

An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.

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