Need to find a Chapter 13 lawyer in Pittsburgh? Not every bankruptcy lawyer files cases under Chapter 13 and it’s important for debtors to understand the process. Unlike a pure liquidation bankruptcy under Chapter 7, a bankruptcy under Chapter 13 involves a Chapter 13 Plan under which debtors “reorganize” by paying some or all of their debts over a period of 36 to 60 months.
There are clear advantages and disadvantages to Chapter 13. A reorganization can help you to keep assets like a house or car when you are behind on the payments. Also, the period for which credit reporting agencies report the filing is shorter than under Chapter 7. A Chapter 13 could be the best path for you but you should not file any case without consulting with a bankruptcy attorney.
Don’t be afraid to ask questions about the process. Look for a lawyer that offers a free consultation and only enter into an agreement if you feel comfortable with your law firm. Contact us if you need to locate a Chapter 13 lawyer in Pittsburgh.