What is the Role of a Trustee in Chapter 7 Bankruptcy Filings in Pennsylvania?
Each type of bankruptcy is called a “chapter” of bankruptcy. Chapter 7 bankruptcy is the most common type of personal bankruptcy, not only in Philadelphia
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Each type of bankruptcy is called a “chapter” of bankruptcy. Chapter 7 bankruptcy is the most common type of personal bankruptcy, not only in Philadelphia
Credit card debt exerts a heavy financial burden on most American households, including thousands of households right here in Pennsylvania. In fact, according to credit
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Many people who would otherwise benefit from bankruptcy hesitate to file due to concerns about their ability to get a credit card. Contrary to common
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You have probably heard about various companies filing for Chapter 11 bankruptcy. Individuals can also file for bankruptcy, typically using either Chapter 7 or Chapter
If a Pennsylvania homeowner misses multiple mortgage payments, a public auction known as a “sheriff sale” or “sheriff’s sale” may result. If a sheriff sale
One of the goals of filing for bankruptcy is to get debt relief. Bankruptcy can help you accomplish this goal by eliminating your liability for
When you file for Chapter 7 bankruptcy in Pennsylvania, a trustee may sell some of your property in order to repay your creditors. However, you
If you live in Pennsylvania and are thinking about filing for bankruptcy, you will likely file using Chapter 7 or Chapter 13. But how do
In Chapter 13 bankruptcy, the debtor proposes a three- to five-year reorganization plan which creates terms for monthly payments on secured, priority, and unsecured debts,
Any major U.S. city has its fair share of foreclosures, but in Philadelphia, the number is higher than average. According to a June 2015 Philadelphia
According to statistics supplied by the U.S. Bankruptcy Court for the Eastern District of Pennsylvania, which has jurisdiction over Philadelphia and the surrounding counties, most
Most people who file for Chapter 13 in Pennsylvania have more than one debt, with some of the most common sources being credit cards, medical
When you file for bankruptcy in Pennsylvania, you’ll naturally have many questions to ask your Philadelphia bankruptcy lawyer. One of the very first questions you