Chapter 7 Bankruptcy in Beaver

When honest people or businesses get in over their heads with debt, Chapter 7 bankruptcy allows them to get a fresh start by discharging most of their current debts.  But the decision to file for bankruptcy under Chapter 7 in Beaver, Lawrence, Butler, or Mercer counties is not something to take lightly.  It involves selling most of your property and can adversely affect your credit rating.

Despite these downsides, Chapter 7 can be a valuable option for some individuals and businesses struggling with debt.  Paula J. Cialella is an experienced Beaver Chapter 7 bankruptcy attorney.  She has the knowledge to advise clients as to whether Chapter 7 really is the best option for them.  Paula J. Cialella has guided numerous clients through Chapter 7 bankruptcy in Beaver, Lawrence, Butler, and Mercer counties.

Who qualifies for Chapter 7 in the Beaver area?

Both businesses and individuals can file for Chapter 7 bankruptcy.  They can do so regardless of the amount of debt they carry.  Only a few limitations apply:

• A person must undergo approved credit counseling before filing a bankruptcy petition.
• A person cannot file for Chapter 7 bankruptcy if the court dismissed a previous bankruptcy petition within the last 180 days because the petitioner failed to cooperate with the court.
• A person cannot file under Chapter 7 if he or she has a regular monthly income exceeding that allowed by bankruptcy laws.

How does Chapter 7 bankruptcy in Beaver County work?

Once a person files for Chapter 7 bankruptcy, the bankruptcy court appoints a trustee to oversee the case.  The trustee sells the petitioner's property, except for those assets exempt from sale under bankruptcy law.  The trustee distributes the proceeds of the sale to the petitioner's creditors.  The court then discharges the petitioner from paying any remaining unsecured debts.

Chapter 7 is an extreme measure that is not right for everyone.  If you are having trouble paying your debts and are considering bankruptcy, talk to experienced bankruptcy lawyer Paula J. Cialella to better understand your options.  And if Chapter 7 bankruptcy turns out to be your best option, Paula J. Cialella can stand by you and help you come out of bankruptcy in the best possible position for getting a fresh start.

We can help you

Beaver Chapter 7 bankruptcy attorney Paula J. Cialella represents clients in:

Contact the firm online, or call 1-888-328-2108, to schedule a risk-free, no-fee initial consultation.  We look at your documents, discuss your situation and your legal needs, and begin to devise a solution that works for you.