We Help You Protect What’s Most Important

Customized Legal Solutions And Guidance For Consumer Debt Relief

When it comes to debt relief, bankruptcy might be among the most common legal options to explore. However, in Pennsylvania, there are other options that may be helpful to consumers struggling to pay off credit card bills or medical debt.

The legal advice of a debt attorney can help you determine which debt relief option is right for you. Our lawyers at Coover & Associates have more than 25 combined years of experience assisting clients with a variety of legal needs, including debt relief.

Is Bankruptcy A Good Option?

Individuals may decide to file bankruptcy to stop harassment from debt collectors and actions such as repossession, foreclosure or wage garnishments. Still, each chapter includes a set of rules and conditions that consumers must meet.

The following are the two most common types of consumer bankruptcy options:

  • Chapter 7: Filing for Chapter 7 bankruptcy may be a viable option for you if you have a lot of credit card or other unsecured debt. However, in order to file under this chapter, you must meet certain income thresholds in Pennsylvania.
  • Chapter 13: Through this option, you can arrange to consolidate your debt and pay it monthly over a 3-5 year period. Chapter 13 bankruptcy is a viable chapter to file if you are those looking to stay in your home or keep other assets that may be subject to liquidation under a Chapter 7 filing.

Are There Other Options For Debt Relief?

If your debt is still manageable or you are falling behind on past debt payments but do not wish to file bankruptcy, other options are available, such as debt settlement or debt consolidation. The characteristics of each are as follows:

  • Debt settlement: Depending on the type of debt and the amount, this option could allow you to enter into a settlement to pay less than the original balance. With the help of an attorney, you can negotiate with your creditors to pay monthly installments or a possible one-time payment, depending on the circumstances.
  • Debt consolidation: This may be a feasible option if you are struggling with different types of debt and simply wish to consolidate them together. An attorney can offer advice on the types of debt this option may be suitable for.

Equipping You With The Knowledge To Make A Smart Decision About Your Finances

At Coover & Associates, we are committed to empowering you with the information you need about debt relief options in Pennsylvania so you can make the right decision on relieving your outstanding debt obligations. Let us discuss your situation together in greater detail over a consultation.

Reach Out Today

Call 717-461-7789. to schedule an initial consultation. You can also reach us via our online contact form. We offer in-person meetings at our offices in York, Carlisle, Chambersburg and Camp Hill as well as virtual conferencing.

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