Bankruptcy Attorneys in Stroudsburg, Pennsylvania, and the Pocono Mountains
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Chapter 7 Bankruptcy

info@amoriandassociates.com


_WHAT IS A CHAPTER 7 BANKRUPTCY?
Often the principal reason for filing a bankruptcy under Chapter 7 of the Bankruptcy Code is to find relief from the crushing weight of credit card debt, medical debt, car repossession charges and utility debt. Upon completing your bankruptcy you will receive an Order of Discharge which discharges you of all legally dischargeable debts. Once you receive an Order of Discharge, your creditors are barred from any form of collection and the debts are, essentially, eliminated. They can never call you, write to you or harass you in any way. 

The filing of a bankruptcy under Chapter 7 also serves to stop civil lawsuits which have been filed against you. The filing of a bankruptcy under Chapter 7 will stop all civil lawsuits. 

If your home, real property or personal property is scheduled for Sheriff’s Sale, the filing of the Chapter 7 will stop this, as well, but only for a limited period of time.  You may have additional options by filing a Chapter 13 bankruptcy instead.

If your property is scheduled for Tax Sale, the filing of a Chapter 7 will stop the sale but only for a limited period of time.  You may have additional options by filing a Chapter 13 bankruptcy instead. 

In a Chapter 7 bankruptcy, you pay no money to your discharged creditors or payments to a Trustee.


ADVANTAGES OF CHAPTER 7
  • −    The entire process is usually takes approximately five to six months from the filing of the bankruptcy to the completion of the case and the bankruptcy discharge.
  • −    Normally there are no payments to a bankruptcy trustee
  • −    You will receive a discharge of all dischargeable debts, like credit card debts, medical debts, car repossession charges and utility debts
  • −    You will instantly stop lawsuits, harassing telephone calls and contacts by creditors

DO I QUALIFY FOR CHAPTER 7?
The determination of whether an individual qualifies for a Chapter 7 bankruptcy is a complex process. The bankruptcy lawyers at Amori & Associates will help guide you through the significant issue of whether you earn an annual income which is above or below the Median Family Income. In general, if the individual’s income is below the Median Family Income, then it is substantially more likely that the individual qualifies for Chapter 7. If, however, the individual’s income is over the Median Family Income, then it is substantially more likely that the individual does not qualify for a Chapter 7 bankruptcy and needs to consider a Chapter 13 bankruptcy.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

513 Sarah Street, Stroudsburg, PA 18360
(570) 421-1406
(570) 421-1407-Fax
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© Copyright Amori & Associates, LLC 2012 - All Rights Reserved - At the Stroudsburg, Pennsylvania, law offices of Amori & Associates, we represent clients throughout Pennsylvania (PA), including Dingmans Ferry, Lords Valley, Albrightsville, Palmerton, Blakesee, Effort, Milford, Bushkill, Marshalls Creek, East Stroudsburg, Snydersville, Bangor, Lehighton, Jim Thorpe, Easton, Bethlehem, Allentown, Wilkes-Barre, Scranton, Pen Argyl, Wind Gap, Nazareth, Brodheadsville, Tannersville, Saylorsburg, Mount Pocono, Tobyhanna, Bartonsville, Carbon County, Lackawanna County, Luzerne County, Monroe County, Pike County, and Northampton County.