Home
Areas of Practice
Partner/Staff Bios
About Divorces
About Bankruptcy
Links and Articles
FAQ
Contact Us

 

 

The Law Offices of Reinherz & Reinherz

We Represent clients in Philadelphia Area Bankruptcy & New Jersey Bankruptcy

About Bankruptcy

CHAPTER 7 BANKRUPTCY
A Chapter 7 Bankruptcy provides you a fresh start by wiping out or “discharging” your allowable debts. Whether you should file a Chapter 7 bankruptcy will depend upon your circumstances. Your attorney will want to examine your debts, your assets, and your income, among other things, before you file. A Trustee is appointed to take over your “non-exempt” property for the creditors, but most Chapter 7 debtors can keep most of their important property under the bankruptcy laws. Bankruptcy is NOT right for every situation and your specific case will depend on your own circumstances.

Our Chapter 7 Legal Fee is generally between $500-$700 depending on your case. The court charges an additional court filing fee of $209. The most typical fee is $500 + $209 Court fee. We always try to keep our fees as reasonable and competitive as possible.

CHAPTER 13 BANKRUPTCY
This type of bankruptcy allows you to repay your debts over time in a “Plan” and usually keep your property. Most commonly, debtors will file this type of bankruptcy to stop a foreclosure proceeding and repay mortgage arrearages. The Court will examine your budget and must approve your “Plan”.

Our Chapter 13 Bankruptcy Fee is approximately $1000, depending on your case. The additional court filing fee is $194. We always try to keep our fees as reasonable and competitive as possible.

 

Additional Information

BRING THIS PAGE TO YOUR APPOINTMENT AND RECEIVE A $50 DISCOUNT ON YOUR CASE!!!

We also offer a FREE INITIAL BANKRUPTCY CONSULTATION

Please see our "Frequently Asked Questions (FAQ)" page or contact us for more information

Disclaimer: Please also view our full Disclaimer and privacy policy link on our homepage. Our website only provides general information about Divorce and Bankruptcy and does not attempt to provide any specific legal advice. You must retain an attorney for specific legal advice for your specific circumstances. Do NOT rely on our website for legal advice since the law is often complicated and may frequently change, while our website may not be updated. Before we become your attorney, we must execute a retainer agreement. We use our website to market our services and provide general information, but we DO NOT use our website to solicit clients. All Divorce information on our website is only applicable to Pennsylvania. David Reinherz is licensed attorney in PA and NJ. Robert Reinherz is licensed in PA.