Breaking the Chains of Debt: Chapter 7 Bankruptcy

In 1787, our nation's Founding Fathers felt that there had to be a better way to deal with debt than debtor's prison, so much so that it was addressed directly in the United States Constitution — even before such ideals as freedom of speech or the rights to due process.

We think it's important, too.

At Jacobson & Julius, we help individuals, families and business clients in the Harrisburg area and throughout south-central Pennsylvania to obtain the debt relief they need and start fresh through Chapter 7 bankruptcy. To learn more, call our Harrisburg, Pennsylvania, law offices at 717-260-3127 or contact us online to schedule a free consultation.

Is a Chapter 7 bankruptcy the right type of bankruptcy for you? Talk to our attorneys about your rights, your options and how we can help today.

Bankruptcy was nothing to be embarrassed about in 1787; it is nothing to be embarrassed about today either — especially in this economy. Unfortunately, propaganda spread by banking industry lobbyists, credit card companies and others have convinced many people that just the opposite is true.

The truth is that it has never been easier for individuals, families and small-business owners to find themselves "in over their heads."

What You Need to Know About Chapter 7 Bankruptcy

Here are some need-to-know facts about Chapter 7 bankruptcy and how it can help you and your family during difficult financial times:

  • Yes, the U.S. Bankruptcy Code was amended by Congress in October 2005. That said, most filers who would have qualified under the old code are still eligible for Chapter 7 today.
  • No, Chapter 7 bankruptcy will not erase every type of debt. Alimony, child support and property settlement obligations from a divorce are nondischargeable, nor are recent tax debts, most student loans, court fines, lawsuit judgments or any debts involving fraud, including last-minute credit card binges in either cash advances or luxury purchases within 60 days before a bankruptcy filing.
  • Yes, you can save your home from foreclosure and keep your car in a Chapter 7 bankruptcy — if you are current on your payment or able to make good on past-due amounts. Many people who file are able to keep these assets.

Interested in Chapter 7? Contact Us Today.

Let us help you figure out the best bankruptcy option for you. Whether this is Chapter 7 bankruptcy or another option, we can help you. To schedule a free consultation — please call our law offices directly or contact us online.

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