Are Bankruptcy Payments Tax Deductible?
Understandably, many bankruptcy filers want to know what their potential tax consequences will be after they file. Bankruptcy can be the fresh start that people need to reclaim their financial independence, but are bankruptcy payments tax deductible? And what are the other tax implications that filers should be aware of? Speaking with a qualified Philadelphia […]
Top 10 Reasons to Consider a Bankruptcy in Philadelphia
Filing bankruptcy in Philadelphia has many benefits and can help people in debt get back on track financially. There are numerous benefits of filing a Chapter 7 or Chapter 13 Bankruptcy in Pennsylvania and New Jersey, and below is a small sample of the common advantages associated with a Consumer Bankruptcy filing. 1. The Automatic […]
Can You Buy a House or Car After Bankruptcy?
The short answer is YES you can!! Since Chapter 7 is a relatively short process and is usually concluded within four months after filing, large purchases such as a vehicle or home do not come up often. However, it should be noted that the purchase of a car or house is possible whether during a […]
Top 3 Questions Regarding IRS Taxes and Bankruptcy
In addition to common debts such as mortgages, credit cards, personal loans, medical bills, and real estate taxes, our office frequently assists individuals and married couples with IRS debt in Pennsylvania and New Jersey. Below are the three most common questions we field relating to IRS debt: 1. After I File for Bankruptcy, Can I […]
Going into debt to buy gifts? Here’s how to get out
Those who are already struggling with credit card debt are even more likely to swipe their cards to pay for gifts – but getting out of this debt is the most important financial decision.
Who files for bankruptcy?
Our Center City bankruptcy lawyers shed light on who files for bankruptcy and why.
Mortgage, car loans, or credit cards: Which bill to pay first during the pandemic & what to do if you cannot pay them at all
If you are one of the countless Philadelphians struggling to make ends meet during the pandemic, you may be wondering how to prioritize your payments. Our local bankruptcy lawyers have the answer.
Can your stimulus check be taken away by debt collectors?
The newest stimulus check may create some questions or doubts about your current or upcoming bankruptcy process. Our experienced bankruptcy attorneys answer all of your stimulus bankruptcy questions.
Bankruptcy attorney’s advice about Bankruptcy & Family Law during COVID-19
COVID has hit us all hard. Suffering from debt and trying to figure out what to do? Looking for answers about family law during the pandemic? Find out answers to these questions and more in this conversation with Philadelphia attorney Brad Sadek.
Will a second COVID-19 stimulus check affect a bankruptcy case?
For many individuals, filing for bankruptcy has been the only hope they have for regaining their financial footing and keeping their homes. For those who have filed or are going to fill for bankruptcy, questions about the way that COVID-19 stimulus checks may affect the process weigh heavily on their minds.
The Second Wave: Are Homes In Jeopardy Of Foreclosure?
If we see a return of the pandemic, it is highly likely that thousands of homeowners will lose their homes in the wake of the second wave. Rather than giving up or doing nothing, now is the time for you to take action!
Can bankruptcy save the American economy?
While bankruptcy tends to be a consumer’s last thought as an answer to their debt problems, some studies are now showing that debt relief programs may actually be the saving grace of our nation’s economy.
Debt too much to handle? (Get help against creditors)
During the current pandemic, people across the United States are struggling daily to deal with their ever-mounting bills. There is help you can seek now.
(Video) Radio 1210: Stimulus, creditors, and your financial options with Brad Sadek
What are your financial options and will creditors take your stimulus check? Find out answers to these questions and more in this conversation with attorney Brad Sadek.
Can Creditors Take Your Stimulus Check?
Many of the nation’s most in-need families are likely to be in for a sad surprise when they realize that their check is far less than they had expected.