Bankruptcy FAQs

At the law firm of Harold Shepley & Associates, we want to make certain that the path we take you down is not only the right one for you, but one that you're comfortable with. To accomplish that goal, our lawyers take pride in making sure all of your questions are answered.

Here are answers to a few of the most frequently asked questions about filing bankruptcy:

Will I lose my home, my car and other major property?

Depending on your situation, you may be able to keep a significant amount of your property.

Am I going to have to pay everything back?

Filing bankruptcy can result in complete liquidation of your debt, meaning you will not be required to pay anything back. Depending on your situation, you may also be able to design a payment plan to manageably pay back some of your debt.

Is this going to ruin my credit?

No matter what you are doing, other than making your regular monthly payments, is going to hurt your credit. If you are interested in raising your credit score at the completion of your bankruptcy, we can refer you to a credit restoration company that will help you get your credit score to an acceptable level.

How long does it take?

It takes significantly less time than continuing to make payments at high interest rates. Most of the time, everything is resolved in less than two years.

Is everyone going to know that I filed bankruptcy?

While some newspapers report bankruptcies, filing doesn't carry the stigma that many people think it does. In fact, people rarely remember. Our lead attorney, Harold Shepley, still has to remind friends that he went through the bankruptcy process himself.

How much does it cost?

We offer payment plans to make it work for you. We certainly do not want to add to your financial burden.

Do I have to travel?

In most cases, we can do everything over the phone and through the mail.

Do you offer free consultations?

Absolutely. E-mail us or call us at 866-644-2690 today to schedule a meeting with one of our experienced debt relief lawyers. We'll be happy to answer any other question you may have.

Our full service debt relief law firm offers bankruptcy services to people throughout Pennsylvania and across the country from offices in Somerset, PA.