Top Philadelphia, PA Chapter 13 Bankruptcy Lawyers Near You
901 N. Market St, Suite 3020, Philadelphia, PA 19107
115 West Avenue, Suite 104, Jenkintown, PA 19046
1800 JFK Blvd, Suite 403, Philadelphia, PA 19103
1600 Market Street, Suite 3900, Philadelphia, PA 19103
1650 Arch Street, Suite 1800, Philadelphia, PA 19103
1760 Market Street, Suite 600, Philadelphia, PA 19103
192 S. Hanover St, Suite 101, Pottstown, PA 19464
123 S. Board Street, Suite 1030, Philadelphia, PA 19109
342 E Lancaster Avenue, Downingtown, PA 19335
7715 Crittenden St., Suite 360, Philadelphia, PA 19118
1650 Market Street, Suite 3600, Philadelphia, PA 19103
1650 Market St, Suite 3600, Philadelphia, PA 19103
21 West Third Street, Media, PA 19063
650 Sentry Pkwy, Blue Bell, PA 19422
One Logan Square, Suite 2000, Philadelphia, PA 19103-6996
1500 John F Kennedy Blvd, Suite 220, Philadelphia, PA 19102
Centre Square West, 1500 Market St, Suite 3400, Philadelphia, PA 19102
2001 Market Street, Suite 1700, Philadelphia, PA 19103
500 Office Center Dr, Suite 400, Fort Washington, PA 19034
1900 Market Street, Suite 800, Philadelphia, PA 19103
1218 Chestnut Street, Suite 405, Philadelphia, PA 19107
25 W. Airy St, Suite 100, Norristown, PA 19401
1111 Street Road, Suite 305, Southampton, PA 18966
1700 Market St, Suite 1005, Philadelphia, PA 19103
1735 Market St, Suite 3300, Philadelphia, PA 19103
Philadelphia Chapter 13 Bankruptcy Information
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Lead Counsel independently verifies Chapter 13 Bankruptcy attorneys in Philadelphia and checks their standing with Pennsylvania bar associations.
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Ample Experience
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Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
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Client Commitment
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What Is Chapter 13 Bankruptcy?
Chapter 13 bankruptcy reorganizes your debts with a repayment plan to help you get a new start. Chapter 13 is known as a “wage earner’s bankruptcy,” where you use your income and assets to make payments over three to five years under the payment plan. Chapter 13 filing puts a stop to collection actions, including foreclosure. After making the necessary payments, your dischargeable debts are cleared.
What Are Some Examples of Situations Where I Might Need a Chapter 13 Bankruptcy Lawyer?
Many people struggle to decide between filing a Chapter 13 or Chapter 7 bankruptcy filing. A Chapter 13 filing may be more beneficial for you if you:
- Are employed and earning money
- Own a home but are behind on mortgage payments
- Earn too much income to qualify for a Chapter 7 filing
- Want to hold onto more of your most valuable assets, like a business
How Can a Lawyer Help Me With Bankruptcy?
An experienced bankruptcy lawyer can give you the knowledge and backing you need to navigate the legal system and find the best possible results for you. Because laws regarding bankruptcy exemptions and the property you can keep vary from state to state, speaking with a lawyer near you with knowledge of Illinois’s laws is critical in understanding your situation and making the best decisions. A bankruptcy lawyer can help with:
- Legal advice and counsel
- Negotiating with creditors
- Filing legal motions and taking care of administrative duties
- Improving your chances of keeping your assets and getting everything settled favorably
What Could Happen if I Don’t Hire a Bankruptcy Lawyer?
Not hiring a bankruptcy lawyer can lead to costly errors and prolonged financial stress. If you don’t hire a bankruptcy lawyer, you might make mistakes in the bankruptcy process. These mistakes could lead to your case being dismissed. Without a lawyer’s guidance, you could miss out on important protections, such as stopping creditor harassment or preventing foreclosure. You might also choose the wrong type of bankruptcy, resulting in more financial trouble. Handling bankruptcy alone increases the risk of losing assets you could have kept and wanted to keep. Additionally, you may struggle to negotiate with creditors without a lawyer. This makes it harder to achieve a manageable debt repayment plan or discharge.
What Questions Should I Ask When Trying To Find a Bankruptcy Lawyer in Chicago?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your case well. Many lawyers offer free consultations that allow you to understand your options and get specific legal advice before hiring them. Top questions include:
- What is your experience in handling bankruptcy cases? Have you managed cases like mine? What was the outcome of these cases?
- Do you have experience resolving issues like this in Illinois?
- What is your approach to handling bankruptcy cases?
- What is your record in negotiating favorable debt repayment plans?
- How do you communicate with clients about the progress of their cases?
- How much input will I have about the case strategy?
- What are your fees and billing structure?
Tips for Hiring a Bankruptcy Lawyer
Finding a lawyer who is right for you and will represent your best interests is an important first step in protecting your rights. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts