Top Central Pennsylvania Bankruptcy & Foreclosure Defense LawyerBankruptcy - Foreclosure Defense - Debt ReliefReclaim Control Over Your Finances
Call Today For A Free Case Evaluation
Top Central Pennsylvania Bankruptcy & Foreclosure Defense LawyerBankruptcy - Foreclosure Defense - Debt ReliefReclaim Control Over Your Finances
Call Today For A Free Case Evaluation
Why File Bankruptcy?
Bankruptcy is a confusing process that can be time-consuming, frustrating, and overwhelming. Having a knowledgeable attorney is essential for understanding the process and moving through each step effectively and successfully.
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The first step in getting through the process properly is determining which chapter is best for your situation.
- Chapter 7 is for qualifying individuals and businesses
- Chapter 11 is appropriate for individuals and businesses with large debts and assets
- Chapter 12 offers a rehabilitation solution for fishermen and family farmers
- Chapter 13 structures a repayment plan for individuals with a reliable source of income
Liquidation Versus Payment Plans
Of the six chapters of bankruptcy available, four are designed for individuals or small businesses. Depending on the type of bankruptcy you choose, your debts could be liquidated or restructured into a payment plan that allows for the fulfillment of the debt over a period of three to five years.
Let us help you determine which option is appropriate for your income, assets, and debt. Determining this will help you reach resolution in your situation more quickly with less hassle. Get a FREE telephone consultation. Call
us today!
File Bankruptcy for Your Business
Financial struggles don't necessarily mean your business has to shut down. Bankruptcy may be the right option for preserving your business for the future.
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Having a knowledgeable, skilled attorney by your side ensures you understand the different chapter options available to you so you can select the one that is right for your particular needs.
Get in touch with Imblum Law Offices PC
so we can help you evaluate your particular financial situation and get started on the bankruptcy filing process.