Consumer Bankruptcy Lawyers in Hazleton, Pennsylvania

Find the right Consumer Bankruptcy attorney in Hazleton, PA

Bankruptcy is a legal process allowing an individual or business to have some or all of their debt excused. It is almost always considered as a last resort because it can have some negative long-term consequences which must be considered, even if you ultimately decide that they are outweighed by the benefits. Bankruptcy is governed by federal law, and proceeds in federal courts. So, the procedure for filing for bankruptcy in Pennsylvania will be very similar to the procedure anywhere else in the U.S. However, individual bankruptcy courts have different rules for exemptions, so it might be a good idea to consult with a local Attorney in Hazleton, Pennsylvania before filing.

Chapter 7 Bankruptcy in Hazleton, Pennsylvania

There are 2 typical types of consumer bankruptcies in Hazleton, Pennsylvania: Chapter 7 and Chapter 13 bankruptcy. Chapter 7 liquidates some of the debtor's assets. It requires a certain percentage of the debtor's assets to be sold off to pay as much of his or her debt as possible. However, many types of property that most people own are exempt, meaning that they don't need to be sold. This often includes houses, vehicles, insurance policies, and necessary personal items, like clothing. These assets are not available to creditors.

Once the appropriate property is sold, and the funds transferred to the creditors, the dischargeable debt is absolved. Some types of debt, however, can't be excused in Chapter 7 Bankruptcy in Hazleton, Pennsylvania. These include student loans, criminal fines, and taxes, among others. If most of your debt can't be excused, Chapter 7 might not be the best choice for you.

Chapter 13 Bankruptcy in Hazleton, Pennsylvania

In Hazleton, Pennsylvania, chapter 13 is very different from Chapter 7, and may or may not be the best option for you, depending on your situation. Chapter 13 Bankruptcy involves a court setting up an adjusted payment plan, which allows the debtor to pay off most or all of his debts over an extended period of time, through monthly payments that should, assuming that the debtor is willing to make a few sacrifices, be manageable.

Which Type of Consumer Bankruptcy Should I File in Hazleton, Pennsylvania

This depends entirely on the facts of your specific case. If you have a decent amount of steady income, and a large amount of non-exempt property which you don't want to part with, Chapter 13 might be the best option for you. If most of your property is exempt, and you don't have much steady income, Chapter 7 might be the best option.

In any case, it would be a good idea to consult a local bankruptcy Attorney in Hazleton, Pennsylvania. Your Attorney can make an educated judgment as to what your best option is, and advise you accordingly (of course, the choice to file for bankruptcy is ultimately yours).

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Life in Hazleton

Hazleton is home to 24,000 Luzerne County residents who enjoy a close proximity to nearby major metropolitan areas and outstanding city parks and recreational areas. Hazleton is known as "The Mountain City" and "The Power City" because of it's abundance of foothills and abundant coal supply. One fact of which you may not be aware is that Hazleton was originally spelled "Hazelton" but a clerk misspelled it during incorporation and it stuck.

In 2006, Hazleton garnered national attention when Mayor Lou Barletta and other counsel members passed the Illegal Immigration Relief Act which initially fined business owners ,000 for each illegal immigrant they employed as well as the loss of all city issued licenses and permits. The law was later thrown out because it was considered unconstitutional and was disputed by a number of lawsuits as well as the Pennsylvania ACLU among others. Office Max, Simmons Bedding Company, Michaels, AutoZone, WEIR Materials, Amazon.com, and EB Brands are some of the important companies who are major employers in Hazleton. There are also a number of every experienced lawyers. Hazleton lawyers are familiar with many different areas of law and use their knowledge of local courts to advise you.