Weirton Bankruptcy Attorney
Helping You Pursue Debt Relief in West Virginia, Ohio, & Pennsylvania
Financial strain can take a toll on anyone, especially individuals and families who are afraid they may be in danger of losing their homes and other precious assets. When debt repayment begins to feel impossible, bankruptcy in West Virginia may be a solution for you. Attorney Roger A. Isla has been practicing bankruptcy law in the tri-state area since 1995 and can guide you through the process of making this critical decision.
What Are Chapter 7 & Chapter 13?
On average, there are 3,000 non-business bankruptcy claims filed every year in West Virginia. Claims are filed under different chapters of the U.S. Bankruptcy Code, each with unique rules and requirements. Our legal team can help you understand what type of bankruptcy filing is appropriate for your situation.
There are two primary forms of consumer bankruptcy, including:
- Chapter 7 bankruptcy – Also known as straight liquidation bankruptcy, Chapter 7 is a form of bankruptcy that can eliminate many types of unsecured debts. The court will place an automatic stay on your current debts, which stops creditors from collecting payments, repossessing property, foreclosing your home, evicting you, or garnishing your wages. However, the court will appoint a trustee to sell certain non-exempt assets and use the proceeds to pay your creditors, so you may lose certain types of property. After this, the court discharges any remaining debts, meaning you are freed from your obligation to pay your creditors back.
- Chapter 13 bankruptcy – While filing for Chapter 13 allows you to keep property that Chapter 7 would force you to give up, its primary goal is not to get your debts discharged. Instead, Chapter 13 is intended to help you create a more manageable repayment plan with your creditors. If the court approves your repayment plan, which lasts anywhere from 3-5 years, a court-appointed trustee will collect your monthly payment and disburse the monies to your creditors. Once the repayment plan is complete, the remainder of your unsecured debt can be discharged.
Determining Which Type of Bankruptcy Is Right for You
Isla Law Offices is here to help you determine which form of bankruptcy you should file. There are several factors to take into account, but it usually comes down to your income and your debt load.
In general, the following is true in most circumstances:
- If you have very limited resources, you may be eligible to file under Chapter 7
- If you have income and can pay back part of your debt, we can help you file under Chapter 13
When you come in for your free consultation, we can discuss all your options and clearly explain the exemptions specific to Ohio, Pennsylvania, and West Virginia residents. Together, we can make the right decision and begin your transition to a more stable financial footing.
Where Can You Get More Information?
Bankruptcy law is federal, so the process is nearly the same in Pennsylvania, Ohio, and West Virginia. Still, the process can be difficult in any state. We are here to help you understand bankruptcy laws and guide you every step of the way. However, if you are looking for a little bit more information to sift thru until we meet during a free consultation, please check out the resources below.
For help with understanding the complexities of bankruptcy, we recommend visiting the following online resources:
Information specific to tri-state residents can also be found at the United States Bankruptcy Court’s pages:
Get the Legal Help You Need in the Tri-State Area
You do not have to struggle under overwhelming debt. Bankruptcy could be the solution you need to obtain a fresh financial start, and Isla Law Offices can provide the assistance you require. When you need a Weirton bankruptcy lawyer in the tri-state area, you can rely on the attorney voted Best Bankruptcy Attorney by the Weirton Daily Times.
We look forward to helping you on your path toward a better future. Contact (304) 404-7050 now to get your bankruptcy claim underway.
25+ Years of Bankruptcy Experience
Affordable Financing Options Available
Accessible In-Person, Online & Over the Phone
Personalized Service Tailored to Each Client
Licensed to Practice in Pennsylvania, West Virginia & Ohio