Lehigh County PA Bankruptcy Lawyer
Lehigh County PA Bankruptcy Lawyer: Chapter 13
The legal process for filing a Chapter 13 Bankruptcy case allows those with a steady income to catch up on delinquent mortgage payments, tax debts, car loans, other secured loans and even domestic support obligations. Debtors in Chapter 13 plan retain their houses, cars, RVs and other assets and are able to stream the funds to the areas of concern, such as mortgages and car loans. Debtors will also be able to repay taxes to the Federal, state and local governments on very favorable repayment terms that otherwise would not be available outside of bankruptcy. Chapter 13 plan also allows a cram-down of over-secured or “underwater” assets to the fair market value of the collateral at the time of filing. Payment plans range from 3 to 5 years, and most debts are paid without interest and fees. Chapter 13 bankruptcy allows debtor to discharge tax penalties and late fees that they owe to the IRS and state tax departments. Most debtors end up paying 2 cents on a dollar on regular unsecured debt. Debtors can rely on the income of spouses and other relatives.
We offer an exceptional and affordable legal representation for Lehigh County, PA residents. Please call 215-515-7113 for a free and confidential consultation with our bankruptcy attorney. We can accommodate your busy schedule with evenings and weekends appointments available. We also offer remote consultations and comprehensive representation in all stages of Bankruptcy litigation and appeal at an aggressively affordable legal fee and payment plans for every budget.
Hire a Bankruptcy Attorney in Lehigh County, PA
Our law firm has consulted and represented thousands of clients dealing with bankruptcy and tax issues and is prepared to take on your case. Our experienced Lehigh County bankruptcy lawyer will review several years of financial statements, balance sheets, income statements and tax returns to determine which form of bankruptcy is best suited for your financial needs. To get started on a path to financial freedom, call our bankruptcy lawyer today at 215-515-7113 for a free, no obligation consultation.