Chapter 13 and 7 Bankruptcy

Bankruptcy Is Still An Option

After the bankruptcy law reforms of 2005, many people mistakenly believe that debt discharge under the bankruptcy laws is no longer possible. For very many, filing for bankruptcy under Chapter 7 is still possible. At Cunningham & Chernicoff, we advise individuals, businesses, and creditors in all types of bankruptcy matters, including Chapter 13, Chapter 7, Chapter 11, and Chapter 12 filings, as well as counsel businesses and creditors in alternatives to bankruptcy matters.

Harrisburg Chapter 13 Attorney

Under Chapter 13 of the Bankruptcy code, individuals can obtain debt relief and put a stop to mortgage foreclosure, vehicle repossession, and creditor pressures and harassment. The debtor agrees to repay debts over a lengthened repayment period, giving the debtor financial breathing room and a chance to regain financial health.

At Cunningham & Chernicoff, we advise clients in consumer bankruptcy and Chapter 13 matters. If we determine that a Chapter 13 filing is right for you, we will chart a path to financial health, negotiate with lenders to reduce your debt, and represent you in bankruptcy court.

Harrisburg Chapter 7 Lawyer

Under Chapter 7, an individual’s non-secured debts (for example, credit card debt) are eliminated and the individual gets a new financial start. If we determine that Chapter 7 is an option for you, we can stop mortgage foreclosure, vehicle repossession, and creditor harassment immediately. Businesses entering Chapter 7 face the prospect of liquidation of all assets. In many cases, we can take action to maximize the proceeds of liquidation and protect the personal property of the business owner.

Filing for bankruptcy is still a viable option for most people. We can inform you of your rights and what may be possible in terms of debt liquidation.