Federal and State Exemptions Protect Your Assets!
Your home, car, retirement accounts, and personal belongings are protected in bankruptcy. It is important to have a knowledgeable bankruptcy lawyer who knows the specific exceptions that will allow you to keep all of your important assets. Since the federal and state exemptions work in different ways, we will work with you to develop the plan that will be most appropriate for your situation.
Some of Your Assets May Not be Fully Protected
Although these exemptions may not be protected completely under the state and federal exemptions, our attorneys will work with you to develop a plan to protect as many of these assets as possible. We develop plans specifically tailored to each client, and will not take a cookie-cutter approach in order to save on time and effort like some other attorneys or bankruptcy preparation services.
CALL US NOW! (610) 756-8568
Student Loan Discharge vs. Deferment
As discussed, student loans may be eligible for discharge in certain extreme cases. Generally, to prove that your student loan debt should be completely discharged, we need evidence that you have a significant medical condition, you have been incapacitated, or have another severe hardship that impedes your ability to work and pay your loan. If our student loan debt attorneys can prove this, we can make all of your student loans disappear.
Student Loan vs. Personal Loan
Just because you borrowed money to help you get through school does not mean that you have a student loan. Many people take out independent or personal loans to help them get through school. However, unlike student loans, these personal loans are treated like regular unsecured debt and can be discharged normally through a bankruptcy.
Contact Our Montgomery, Chester, and Berks County Bankruptcy Lawyers Today
Our Montgomery, Berks, and Chester County attorneys have even successfully argued down the amount of taxes owed in Bankruptcy Court, by establishing flaws and miscalculations in the clients’ tax history. There is no substitution for experience, which is why you should contact us. Our attorneys are ready to discuss your concerns about Chapter 7 Bankruptcy in PA and provide answers. Our attorneys represent clients in Pottstown, Norristown, West Chester, Reading, and the surrounding areas. Contact our Pennsylvania debt relief law firm today to learn more about what we can do to help you overcome your legal troubles.