Frequently Asked Questions About Pennsylvania Bankruptcy Laws

Answers from attorneys who offer a range of debt relief options

Get the information you need about debt relief and bankruptcy law in Pennsylvania

Harold Shepley & Associates, LLC has the answers you need when you are facing a personal debt crisis. Contact our firm at 877.553.3389877.553.3389[/ln] for a free consultation. Debt relief is just a phone call away.

1. Why do I need an attorney to help me with debt relief?

You are at great risk when you have overwhelming debt. You may face lawsuits from your creditors, seizure of your car or loss of your home. Debt consolidation services cannot defend you against litigation, repossession or foreclosure. Only a qualified debt relief attorney can help you confront these serious matters.

2. What happens if I get sued?

Getting served with a lawsuit can be a frightening experience. But the courteous staff at Harold Shepley and Associates will be alongside you throughout your journey.

We can settle a lawsuit no different than any other debt. In fact, sometimes we can get the case dismissed. This means you no longer owe that creditor anything at all. So being sued with Harold Shepley and Associates can actually be a positive experience.

3. What information should I prepare when I call your office?

To properly assess your needs, our attorneys must to collect detailed information about your financial situation. This includes specifics about your income, expenses and debt. Before you call for your free consultation, complete our convenient debt relief questionnaire.

4. If I file for bankruptcy, will I lose my house and my car?

Many people who file a Chapter 7 bankruptcy can keep their homes and cars. Our attorneys work with you to analyze your situation to determine what assets you are able to protect.

5. Why is debt negotiation preferable to filing for bankruptcy?

Bankruptcy damages your credit for up to 10 years after receiving your discharge. It is easier to clean up your credit after completing debt negotiation than after completing bankruptcy. In addition, a bankruptcy can affect your ability to obtain employment, housing and insurance.

6. When is credit restoration necessary?

Your credit score may be reduced when you fail to make payments on time or in full. Bankruptcy causes the greatest damage to your credit, but even debt negotiation can have a negative impact. Our firm can help you restore your credit score and provide you a more secure future.

7. I’m struggling with my mortgage. What are my options?

In these rough economic times, many people are becoming delinquent on their mortgage payments. This does not mean you need to lose your home. Harold Shepley and Associates has many different options to keep your home. These include: Chapter 13 Bankruptcy, mortgage foreclosure defense and possibly debt negotiation to reduce your unsecured debt so you can afford your mortgage payment.