Philadelphia Bankruptcy & Debt Attorney

Bucks County & Montgomery County Pennsylvania Debt & Bankruptcy Law Firm

Bankruptcy Is a Tool to Help People Get Out of Debt

From the Bible to the U.S. Constitution, relief from debt under the law has been recognized as the appropriate path not only for those individuals facing their personal financial difficulties, but also acts as a fundamental foundation for a just society. When people suddenly find themselves facing overwhelming amounts of debt — including credit card debt, medical bills, taxes or other forms of debt — getting them back on their feet benefits everyone.

Debt relief will not only benefit you today. It will also help to make a better tomorrow.

My name is Josh Goldblum, and for more than 25 years I have helped individuals and families throughout Philadelphia, Bucks, Montgomery, Delaware and Chester counties solve financial problems through Chapter 7 and Chapter 13 bankruptcies. I can help you deal with your financial troubles and guide you through the bankruptcy process with confidence and optimism about the future.

A common myth is debtors will never be able to get credit again after filing for bankruptcy.Learn the truth about this and other bankruptcy myths from Joshua Z. Goldblum, Attorney at Law. Call 215-322-2745 to arrange a free consultation.

My Bankruptcy Services

Whenever you are dealing with a legal issue, including bankruptcy and family law matters, it is important to educate yourself on the process so that you know your rights and best interests are being protected. I can provide the answers you need for a variety of issues, including:

As an experienced bankruptcy lawyer, I can also advise you on what to expect after the bankruptcy process is over and how using credit wisely can improve your quality of life.

In addition to bankruptcy, I also provide counsel and representation for family law issues, including divorce, child custody, and child support. In some cases, spouses who are considering divorce may also be dealing with too many bills, and I can help them understand how bankruptcy and divorce can work together.

Understanding Bankruptcy

Bankruptcy is a debt relief tool that can help you:

  • STOP collection calls and other forms of creditor harassment
  • AVOID home foreclosure
  • CANCEL your unsecured debts
  • CATCH UP on overdue payments
  • GAIN a second chance on your future

However, bankruptcy doesn't rid yourself of all debts. The following debts are among the debts that generally may not be canceled by bankruptcy:

  • Alimony, maintenance, or support for a spouse or children
  • Money borrowed by fraud
  • Most taxes
  • Most criminal fines or penalties
  • Drunk driving injury claims

Bankruptcy does not guarantee financial freedom in the future. Additionally, even if you file bankruptcy, a creditor can request the bankruptcy court's permission to repossess a car or foreclose on your home as collateral for not paying the secured debt. It is up to you take advantage of the fresh start bankruptcy gives you. Catch up on payments and avoid making poor credit choices.

How Can Bankruptcy Help?

How bankruptcy can help you gain financial freedom depends on whether you file Chapter 7 bankruptcy or Chapter 13 bankruptcy. In a Chapter 7 bankruptcy, some of your possessions may be sold to pay off creditors, after which remaining dischargeable debt will be eliminated. In a Chapter 13 bankruptcy, you create a payment plan to repay creditors over a three- to five-year period.

Bankruptcy and Credit

For many people, one of the most concerning parts about filing bankruptcy is the effect it has on their credit. A bankruptcy does appear on your credit report for 10 years, but that does mean you will never be able to take out a loan. Many businesses will still lend money to you at a higher interest rate and fees.

Any debts on your credit report should have a zero balance. If they do not, you should file a dispute with the credit reporting agency. Inaccurately reporting outstanding debts can negatively affect your credit.

Contact Joshua Z. Goldblum, Attorney at Law

Located in Feasterville, Pennsylvania, and serving Philadelphia, Bucks, Montgomery, Delaware and Chester counties, I have helped hundreds of individuals and families find debt relief and solutions to difficult financial problems. With reasonable fees and free initial consultations, I strive to make it affordable for people to find the help they need.

Contact me today to learn more information about bankruptcy and my practice. Send me an e-mail or call my office at 215-322-2745 to schedule an appointment. Evening appointments are available.

My firm is a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.