Easton Chapter 7 Bankruptcy Attorney

Seeking a Compassionate Legal Professional in Massachusetts?

While most of us diligently plan for our futures and the well-being of our families, circumstances out of our control can make it seem impossible to make ends meet. When you are unable to pay your bills and are receiving phone calls from creditors, filing for bankruptcy may be the best option for you.

At Morrison & Associates, PC, our skilled Worcester Chapter 7 bankruptcy lawyer has extensive experience handling bankruptcy cases and can assist you with the process. Bankruptcy allows you to experience total financial relief and offer you a fresh start. 

Contact us today at (508) 928-3038 to get started with a Chapter 7 bankruptcy lawyer near you.

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy, often referred to as "liquidation bankruptcy," is a legal process that allows individuals and businesses to eliminate most of their unsecured debts. It’s a powerful tool designed to provide a fresh financial start to those burdened by excessive debt.

In most cases, Chapter 7 allows you to discharge debts such as:

• Credit card balances
• Medical bills
• Personal loans
• Utility bills

While certain debts like student loans, child support, and most taxes typically cannot be discharged, Chapter 7 can still alleviate a significant portion of your financial burden.

Chapter 7 bankruptcy is typically the quickest and simplest way to wipe out your unsecured debts.

Benefits of Filing Chapter 7 Bankruptcy

• Immediate Relief: The automatic stay provides instant protection from creditors.
• Debt Discharge: Eliminate most unsecured debts within months.
• Fresh Start: Gain a clean slate to rebuild your financial future.
• Emotional Relief: Free yourself from the constant stress of unmanageable debt.

Who Qualifies for Chapter 7 Bankruptcy?

To qualify for Chapter 7 bankruptcy, you must pass the means test, which compares your income to the median income for a household of your size in Pennsylvania. If your income is below the state median, you are eligible.

If your income exceeds the median, you may still qualify by demonstrating that your expenses leave insufficient disposable income to repay your debts. Our experienced bankruptcy attorneys will help you navigate the means test and determine your eligibility.

Will I Lose My Assets in Chapter 7 Bankruptcy?

One common misconception about Chapter 7 is that you’ll lose everything you own. In reality, Pennsylvania law allows for exemptions that protect certain assets, such as:

• Your primary home (up to a certain equity limit)
• Essential personal property like clothing and household items
• Retirement accounts
• A vehicle, within a specified value

Our attorneys are well-versed in these exemptions and will work diligently to help you retain as much of your property as possible.

The Chapter 7 Bankruptcy Process

1. Initial Consultation

At your first meeting, we’ll assess your financial situation and determine if Chapter 7 is the right option for you.

2. Filing the Petition

We prepare and file your bankruptcy petition with the court. This document outlines your financial details, including income, assets, liabilities, and expenses.

3. Automatic Stay

Once your petition is filed, an automatic stay goes into effect, halting creditor actions such as wage garnishments, foreclosure proceedings, and collection calls.

4. Meeting of Creditors

Approximately 4–6 weeks after filing, you’ll attend a 341 meeting where a trustee and any creditors may ask questions about your financial situation. Our attorneys will be by your side to ensure this meeting goes smoothly.

5. Discharge of Debts

If there are no complications, your qualifying debts will be discharged within 3–6 months, freeing you from the obligation to repay them.

Why Choose Morrison & Associates, PC?

At Morrison & Associates, PC, we understand the emotional and financial toll that debt can take. Here’s why Easton residents trust us with their bankruptcy needs:

1. Local Expertise: We have deep knowledge of Pennsylvania bankruptcy laws and procedures.
2. Compassionate Approach: We treat every client with respect and empathy, recognizing that bankruptcy is a difficult but often necessary decision.
3. Comprehensive Guidance: From the initial consultation to the discharge of your debts, we’re with you every step of the way.
4. Proven Success: Our attorneys have helped countless Easton residents achieve financial freedom through Chapter 7 bankruptcy.

Take Control of Your Financial Future

If you’re struggling with debt, filing for Chapter 7 bankruptcy could be the lifeline you need. At Morrison & Associates, PC, our Easton Chapter 7 bankruptcy lawyers are committed to helping Easton residents regain financial stability and peace of mind.

Contact us today at (508) 928-3038 to get started with a Chapter 7 bankruptcy attorney near you.

Chapter 7 bankruptcy faqS

1. What debts can Chapter 7 bankruptcy discharge?

Chapter 7 typically discharges unsecured debts such as credit card balances, medical bills, and personal loans. However, certain debts like student loans, child support, and most taxes are generally not dischargeable.

2. How long does the Chapter 7 process take?

From filing to discharge, Chapter 7 bankruptcy usually takes 3–6 months to complete.

3. Will I lose my home or car?

Pennsylvania exemptions protect certain assets, including your home and vehicle, up to specific limits. We’ll work to maximize these exemptions and help you retain your essential property.

4. Can I file for Chapter 7 bankruptcy more than once?

Yes, but there are time limits. If you’ve received a Chapter 7 discharge in the past, you must wait at least 8 years before filing again.

5. How will Chapter 7 affect my credit score?

While filing for bankruptcy will lower your credit score initially, it also eliminates debt, which can make it easier to rebuild your credit over time. Many clients see improvements within a year of discharge.

6. Can creditors still contact me after I file?

No. The automatic stay prohibits creditors from contacting you or pursuing collection actions once your bankruptcy case is filed.