Debt Negotiation vs. Bankruptcy

Our team of experienced bankruptcy attorneys in Pittsburgh are here to help you get a fresh start from debt. We specialize in debt relief and bankruptcy in Allegheny County. Our services are designed to help you get out of debt while protecting your assets, including your home, cars, and tax refunds. Trust us to guide you through the process and provide you with the professional advice and support you need

Debt Negotiation vs. Bankruptcy

Costs and Fees – Compared to debt negotiation companies, our bankruptcy fees are much more affordable. Don’t get burdened by account management fees, debt settlement fees, retainer fees, and fees for legal defense. Our team will give you a clear estimate of all costs and fees upfront and provide flexible monthly payment options for a quick and stress-free fresh start.

Credit Score – Debt settlement can harm your credit score by making you delinquent in debt payments. Meanwhile, bankruptcy offers the opportunity to rebuild your credit after the case concludes, without the need for delinquency. When choosing between debt settlement and bankruptcy, it’s crucial to weigh the long-term effects on your credit.

Rebuilding Credit – Debt settlement plans can last between 36-60 months and require consistent payments during that time. Unfortunately, your credit score takes a hit during this period due to ongoing delinquencies. On the other hand, opting for Chapter 7 bankruptcy can allow you to start over with a blank slate in just six months. Unlike debt negotiation plans, you won’t be burdened with monthly payments. Bankruptcy allows you to start fresh immediately.

Income Tax and Lawsuits – When negotiating debt settlements, it is crucial to understand that any forgiven debt may be subject to taxation. In the event that a creditor rejects a settlement and takes legal action, it can lead to a stressful situation. However, filing for bankruptcy eliminates the tax burden of forgiven debt and legally prevents creditors from pursuing further collection efforts. Say goodbye to constant calls, letters, and lawsuits. Make informed decisions when dealing with debt.

Ready for a clean slate? Let our team of experts assist you in freeing yourself from debt while safeguarding your valuable assets. We collaborate closely with you to attain the debt relief you desire. Rely on our expertise and guidance to help you navigate this process successfully.

Filing for bankruptcy stops:

  • Harassment by creditors
  • Foreclosure
  • Debt collection and lawsuits
  • Repossession
  • Utility shutoffs
  • IRS wage garnishment and levies
  • Garnishments

Filing for bankruptcy gets rid of:

  • Medical bills
  • Credit card bills
  • Personal loans
  • Past-due utility bills
  • Repossession balances
  • Some taxes
  • Business debt
  • Personal guarantees
  • Judgments

Misconceptions about bankruptcy often lead to the belief that personal assets such as homes, vehicles, and businesses must be forfeited. However, this is not the reality for the majority of our clients. Our team conducts thorough assessments of individual and business debt, ensuring that informed decisions are made.

Get personalized solutions from our Johnstiwn law firm. Our team of experienced attorneys, accountants, and staff is here to help. With over 35 years of experience, we’ve been providing debt relief services to Western Pennsylvania and Cambria County.

Trust Our Team To Guide You Through Bankruptcy

Are financial difficulties causing you to seek debt relief? Contact us for information on bankruptcy and various alternatives. Our skilled attorneys provide complimentary personalized consultations via phone or in person at our convenient office locations in Pittsburgh, Greensburg, Latrobe, and Johnstown, Pennsylvania.

With flexible appointment times available during morning, afternoon, and evening hours, we can help you navigate your debt relief options and get you the relief you need. Protect your financial future by taking action today.


The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

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If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 412-832-2499