Bankruptcy and Debt Relief Services
for Northeastern PA
Attorney Kim Diddio Handles Chapter 7 and 13 Bankruptcy Cases
If you are struggling with debt, you need to explore your options with a skilled bankruptcy lawyer. Bankruptcy may be the best option for clearing away your debt and making a fresh financial start. Attorney Kim Diddio helps people with all aspects of bankruptcy, including:
- Chapter 7
- Chapter 13
- Foreclosures
- Creditor Harassment & Lawsuits
- Sheriff Sales
There is a means test for Chapter 7 bankruptcy based upon your income and expenses. Most people who do not qualify for filing for Chapter 7 bankruptcy are eligible to file for Chapter 13 bankruptcy. To speak with attorney Diddio about your options, and to learn more about your debt relief options, please call (570) 801-1336 or contact us online. Kim Diddio, Attorney at Law proudly serves Stroudsburg, PA; Matamoras, PA; Honesdale, PA; Scranton, PA; and the surrounding areas.
Filing for Chapter 7 Bankruptcy
in Stroudsburg? Call Attorney Diddio
Chapter 7 bankruptcy allows people to discharge most unsecured debt, while keeping almost all of their necessary possessions. Filing for Chapter 7 bankruptcy can be a good option if you are struggling with debts related to:
- Credit cards
- Medical bills
- Unsecured personal loans
- Pay day loans
How to Know if You Qualify for
Chapter 13 Bankruptcy
For many people who do not qualify for Chapter 7, Chapter 13 is the best option for dealing with overwhelming debt. Chapter 13 bankruptcy provides consumers with an opportunity to restructure their debts and begin to regain their financial freedom. While many consumers use Chapter 13 bankruptcy as a way to avoid home foreclosure, it can be used to help alleviate other issues like:
- Credit card debts
- Medical bills
- Car loans
- Property loans
- Tax debts
- Judgments
Assistance with Foreclosures in Stroudsburg, PA
The threat of a home foreclosure is a scary time for any homeowner. When you struggle to pay your bills or are facing the risk of foreclosure, call attorney Kim Diddio right away. She will go over your options and help you to find the best debt relief solution for your situation.
Attorney Diddio Handles Creditor Harassment & Credit Card Lawsuits
While creditors or their debt collectors may call you to ask for payment, laws protect you from experiencing harassment. Creditor harassment can include calling in early hours or late at night, making threats, and repeatedly calling in order to scare you. If you are facing creditor harassment, or are facing a credit card lawsuit in the Stroudsburg area, call on Kim Diddio, Attorney at Law. She will work with you to hold the hostile parties accountable, and protect your rights as a consumer.
Attorney Kim Diddio Fights Back
Against Sheriff Sales
One of the most powerful features of a Chapter 13 bankruptcy is the ability to stop a sheriff sale and/or foreclosure of a home, or to assist people with catching up on their mortgage payments when they fall behind. This works by allowing the homeowner to pay the arrearage (past due payments) over the course of the bankruptcy plan while remaining in their home. Contact Kim Diddio, Stroudsburg’s bankruptcy lawyer, to see how to avoid a sheriff sale.
Q&A
Frequently Asked Bankruptcy Questions
A: In most situations, you will not lose your home, car, or other personal belongings in bankruptcy, provided that your property is fully exempt. If your property is not fully exempt, you can keep it if you pay its non-exempt value to creditors in a Chapter 13. However, if your creditors have a security interest in your home or car, you must make payments on that debt if you wish to retain the property.
A: You should bring your recent paystubs or other proof of income, tax returns for the last two years, bank statements, mortgage statements, vehicle loan statements, credit card statements, utility bills, and any lawsuits filed against you or by you. You should also compile a list of your monthly expenses.
A: Bankruptcy can stay on your credit report for ten years from the date you file. However, because bankruptcy wipes out your past debts, you are often in a better position to pay your current bills and will likely be able to get new credit after your discharge.
A: Unlike Chapter 7 bankruptcy, which focuses on debt discharge, Chapter 13 bankruptcy consists of a three-to-five year repayment plan that allows you to pay back a percentage of your debts. After you complete the plan, a portion of your remaining debts will discharge, giving you the fresh financial start you need. Within 30 days of filing for Chapter 13, you must begin making payments. Attorney Diddio will work closely with you to negotiate a repayment plan that meets your needs.
