Your Frequently Asked Questions Answered by a Bankruptcy Lawyer
We understand the decision to file bankruptcy can be complex. As a Pennsylvania bankruptcy lawyer with over a decade of experience, I get it.
The thought of bankruptcy can be overwhelming, but it doesn’t have to be. The bankruptcy lawyers’ at Foster Law Offices, LLC will take the time to make sure all of your questions are answered. Our experienced team will work with you to gather documents, meet the Courts requirements and assist you with the bankruptcy process from start (consultation) to finish (discharge). We invite to you to take a minute and check out some of the most frequently asked bankruptcy questions we receive. Click on the + sign to the right of each bar for the answer.
How can I afford an attorney if I can't afford to pay my bills?
We understand your financial plight. Foster Law Offices provides a variety of payment plans to meet almost anyone’s needs, including those on fixed incomes.
How long does the filing process take?
A Chapter 7 takes about 6 months. A Chapter 13 takes anywhere from 3 to 5 years.
Will I lose my house, car, pension and everything I own?
NO! Most debtors keep all of their personal possessions through careful exemption planning. Exemptions are built into the bankruptcy laws, they allow you to protect your personal possessions, within reason.
I am already enrolled in a debt consolidation program, what do I do?
We suggest scheduling an appointment immediately. Ideally before your next debt consolidation payment. We will advise you of your best options at that point.
I have already been sued, is it too late to file for bankruptcy?
No, a bankruptcy filing will cease all collection activities, including lawsuits.
I have already been sued, is it too late to file for bankruptcy?
No, a bankruptcy filing will cease all collection activities, including lawsuits.
Will I lose my job if I file for bankruptcy?
No, there are federal laws that protect an individual from employer retaliation due to a bankruptcy.
I am in foreclosure, can you help?
YES! A Chapter 13 bankruptcy petition will stop foreclosure in its tracks and allow you to keep your home and repay the mortgage arrears over time.
Can bankruptcy help with tax problems?
YES! There are a variety of tax issues that can be addressed in Chapter 7, Chapter 11 or Chapter 13. We can find a solution for real estate tax problems, the IRS and state income tax issues.
Is there a hearing and will I have to go in front of a judge?
Yes there will be a hearing, however, it is not likely that you will see a Judge. You will certainly have to attend the meeting of creditors. We will prepare you for this meeting and you will feel 100% comfortable well before your hearing date. We understand you have never gone through this process and we will do everything possible to make you comfortable in these uncertain times.
What do I need to bring to the initial consultation?
You are not required to bring anything to the initial consultation. That said, if you have received notice regarding a pending foreclosure, sheriff sale, tax sale, lawsuit or judgment and you are able to bring the papers with you, this is very helpful. If you do not have them readily available at the initial consultation, that is OK too. The attorney will have you complete a brief intake survey prior to the consultation where he will comprehensively review your unique situation and determine the best course of action to help you reach your goals. Once you choose to retain our firm, the staff will send you out an initial packet and request a series of documents necessary to complete your case.
Don’t Suffer with debt for one more day.
