How Bankruptcy Can Help Philadelphia Consumers Get A Fresh Start
Bankruptcy is a legal process that helps people get rid of their debts and start over. It is designed to give consumers who are overwhelmed with debt a fresh start. In Philadelphia, bankruptcy can be a powerful tool for those struggling to make ends meet. This article will explore how bankruptcy can help Philadelphia consumers […]
How Long Does It Take To File Bankruptcy?
Compared to many other areas of law, bankruptcy is a very quick and most powerful process for the filer(s). Generally speaking, the Chapter 7 Bankruptcy process can be completed within four (4) months of filing and a Chapter 13 Bankruptcy, which involves a repayment plan back to the creditors, can be confirmed in as little […]
Why Was My Bankruptcy Dismissed & Can I Re-File?
Sadek Bankruptcy Law Offices has over 60 years of combined experience in filing Chapter 13 matters in the Bankruptcy Courts for the Eastern District of Pennsylvania and the District of New Jersey. The Eastern District of Pennsylvania includes Philadelphia, Bucks, Delaware, Montgomery, Chester, Berks, Northampton, and Lehigh Counties. The District of New Jersey includes every […]
Ways to Cut Your Expenses And Get Out of Debt on a Low Income
You’re not alone if you struggle to pay off your credit card debts. In 2022, the average American household holds nearly $9,000 in credit card debt. You were figuring out a way to spread out a low income-is always challenging. However, these seven steps may help you find your way out of debt. 1. Figure […]
What Happens if My Cosigner Files for Bankruptcy?
When you’re feeling insecure, filing for bankruptcy is a significant and stressful time. If one of your cosigners or guarantors decides to file for bankruptcy, this can contribute to more complications. You can get your financial life back on track with the proper knowledge and support team. Here’s what you need to know about cosigning […]
Debt Negotiation – What are the advantages of working with a Debt Negotiation Attorney?
Are you struggling to make minimum payments on your credit obligations? Are you facing relentless harassment calls from debt collectors? If you’re unsure how to alleviate your financial stress, you’re not alone. Hundreds of hard-working Philadelphians grapple with debt every day. Due to a relatively low average wage in the area, many still may not […]
What Can You Do If A Debt Collector Violates The FDCPA?
If you’re facing debt collector harassment, you’re not alone. It’s a widespread problem. Fortunately, there are things you can do to stop creditor harassment and protect your rights. The first step is understanding your rights under the Fair Debt Collection Practices Act (FDCPA). The FDCPA is a federal law that protects consumers from certain types […]
How Can The Latest Federal Interest Rate Increase Affect Your Money?
US citizens are facing another federal interest rate increase that could mean troubling developments for your money. Consumers and businesses are preparing to spend more money on interest payments in the upcoming months as one of the central bank’s strategies to combat inflation. By increasing the current federal interest rate, federal funds become more expensive, […]
How Can Bankruptcy Save My Home From Foreclosure in New Jersey?
Foreclosure. It can be scary for your family to go through; unfortunately, it happens frequently in New Jersey. In 2019, New Jersey led the nation in real estate foreclosure rate. Trenton and Atlantic City were two of the country’s highest metro area foreclosure rates. So, what can you do about it? The answer is to […]
What Happens to My Property and Assets in Chapter 13 Bankruptcy Case?
If you’re considering filing for Chapter 13 bankruptcy, you’re probably wondering what will happen to your assets. Will you be able to keep your home? Your car? How about your retirement savings? The answer to these questions depends on several factors, including the state you live in and the type of bankruptcy you file. In […]
Debt Collection Harassment in New Jersey : Know Your Rights
Do you constantly receive countless phone calls from an unknown number or a debt collector claiming that you owe them? Did these people claim to be attorneys or claim that if you failed to pay them, they would sue you or threaten some other type of action? If so, you’ve experienced debt harassment. Under the […]
File Bankruptcy and Keep Your House, Car and Property
If I file for Bankruptcy Can I keep my House and Car? One of the most common questions we receive is; can I keep my home and/or vehicle if I file for bankruptcy? Many people are in need of financial relief through bankruptcy but hesitate to file or learn about filing because they incorrectly assume […]
Business Reorganization Guide – Helping Small Business With Chapter 11 Bankruptcy
From entertainment giants to iconic restaurants to small businesses that have been staples of communities for decades, just about every kind of business has been devastated by the past few years’ events. In 2021, there were 544,463 bankruptcies filed. Although bankruptcy doesn’t mean that a company is going out of business, it is crucial to […]
Can Bankruptcy Stop a Lawsuit Against Me?
More than 1.5 million people file for bankruptcy each year. If you are one of those people, you may be wondering what you can do to resolve the issue. Many people have staggering debts, but some face a debt lawsuit that needs immediate action. Filing for bankruptcy may stop the lawsuit against you. There are […]
The Complete Guide to Enjoying Financial Freedom after Bankruptcy
Many people struggle with financial and debt management. More than 1.5 million people file for bankruptcy each year. Hence why so many people find themselves needing to find credit relief. Many avoid filing for bankruptcy because it makes a very negative impact on your credit score. But did you know that you can find financial […]