- Child SupportUpon completion of a Chapter 7 bankruptcy, the individual will typically receive a bankruptcy discharge. A discharge frees the debtor from any personal obligation to repay the discharged debts. Certain debts, like secured debt, child support, and recent income taxes, are not dischargeable. In addition, a discharge typically will not terminate any liens on property. So, while the individual may not be personally liable for the mortgage on their house, they will have to continue making payments if they don’t want the bank to foreclose on it.
- Spousal SupportUnfortunately, a bankruptcy discharge will not eliminate most recent taxes, debts accrued through fraud or false pretenses, child support or alimony, or, in most cases, student loans. These are just some of the debts that cannot be discharged in a bankruptcy. Get in touch with our firm for information about your specific financial circumstances.
- Real Estate Transactions
- BankruptcyHe has been a stalwart in the local legal community for more than 20 years, helping good people who have fallen on bad times. Since becoming a lawyer, Carlo has limited his practice almost exclusively to helping individuals who are dealing with financial difficulties. Carlo is the past-president of the Middle District of Pennsylvania Bankruptcy Bar Association, where he was honored to provide leadership and guidance to local bankruptcy attorneys. Carlo is the only attorney with an office in Luzerne or Lackawanna Counties who is Board Certified in Consumer Bankruptcy Law by the American Board of Certification. For the last five years, he has been the only attorney in Northeastern Pennsylvania that was selected to the annual list of Bankruptcy Super Lawyers.
- ForeclosureOf course, you would have to continue to make payments on the property to prevent a foreclosure. If the case closes, the automatic stay will lift, and your lender could foreclose your home if you are behind on payments.
- Debt CollectionKristin is a passionate advocate for her clients and relates to them on a personal level. Growing up, she personally experienced the stress and worry that comes with financial hardship. Kristin was raised by a single mother who worked full time and tried to make ends meet, which was often difficult with four children. They definitely saw their share of financial struggles. Kristin is familiar with illegal debt collection tactics and the effect they have on a family. She understands that, sometimes, good people fall on hard times, and the best part of her job is helping to ease those worries.