Pennsylvania Bankruptcy Pros

Law Offices Of Stephen J. Ross

610-323-5300 | 800-488-4775
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Bankruptcy and Your Assets in Pennsylvania

Berks, Chester, Montgomery County, Pa. Bankruptcy Attorneys


Will I Be Able to Keep My Assets?
There are state and federal exemptions in place to make sure that you do not lose your personal belongings in a bankruptcy proceeding, which is referred to “filing for bankruptcy protection”. The state and federal exemptions work in different ways to protect different types of assets.

These state and federal exemptions are complicated. If you claim exemptions incorrectly, you may forfeit property that you should not lose. For this reason, it is important to hire an experienced local bankruptcy attorney. Our attorneys keep up to date with all changes to bankruptcy exemptions that may affect our Chester, Berks, and Montgomery County Bankruptcy clients.

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Federal and State Exemptions Protect Your Assets

Your home, car, retirement accounts, and personal belongings are protected in bankruptcy. It is important to have a knowledgeable attorney who knows the specific exceptions that will allow you to keep all of your important assets. Since the federal and state exemptions work in different ways, we will work with you to develop the plan that will be most appropriate for your situation.

Some assets may not be fully protected, these assets include:

  • Personal injury damages
  • Workers’ compensation settlements
  • Social Security Disability Insurance benefits
  • Whole life insurance policies
  • Equity in your home

Although these exemptions may not be protected completely under the state and federal exemptions, our attorneys will work with you to develop a plan to protect as many of these assets as possible. We develop plans specifically tailored to each client, and will not take a cookie-cutter approach in order to save on time and effort like some other attorneys or bankruptcy preparation services.

Contact Our Pottstown Area Asset Protection Attorneys Today

Our attorneys are ready to discuss your concerns and provide answers. Our attorneys represent clients in Pottstown, Norristown, West Chester, Reading, and the surrounding areas.

Bankruptcy Overview

  • Bankruptcy vs. Debt Consolidation
  • Privacy in Filing for Bankruptcy
  • Do’s & Don’ts of Filing for Bankruptcy
  • Bankruptcy Myths
  • Foreclosure Defense
  • Bankruptcy and Your Assets
  • Bankruptcy & Medical Bills
  • Bankruptcy & Car Loans
  • Bankruptcy & Student Loans
  • Bankruptcy For Seniors
  • Bankruptcy and Your Credit Score

Consumer Law Protection

  • Tri-County Consumer Law Attorneys

Taxes And Bankruptcy

  • What Kinds Of Taxes Are Dischargeable?
  • Taxes In Chapter 7 Bankruptcy
  • Taxes In Chapter 13 Bankruptcy

Bankruptcy Alternatives

  • Short Sales
  • Mortgage Modifications

Areas We Serve:

Pottstown
Phoenixville
Douglassville
Boyertown
Birdsboro
Royersford
Reading
Downingtown
Norristown

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Contact Information

Law Office of Stephen Ross
152 East High Street,
Suite 100
Pottstown, PA 19464

Phone: 610-323-5300
Toll Free: 800-799-1948
Fax: 610-323-6081
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