What Should I Expect from the Deficiency Judgment Process after Foreclosure?
Homeowners in Pennsylvania work hard to maintain their homes. This hard work isn’t only in the form of routine housework and maintenance, homeowners work all week to provide for their family and keep their home. Unfortunately, sometimes life events such as a serious illness, an injury, or the loss of a job can make it […]
What Additional Debt Eliminating Powers Can Bankruptcy Provide?
Most people probably already know that bankruptcy is one of the most effective means of eliminating excess debt. For individuals, Chapter 7 bankruptcy is often the fastest way to eliminate debt and achieve a fresh financial start. Similarly, Chapter 13 bankruptcy can allow individuals to resolve and eliminate debts while protecting their property. For business […]
When Can I File for a Second or Subsequent Bankruptcy?
While bankruptcy is often the most effective means for individuals to deal with significant amounts of debts and achieve a fresh financial start, it does not guarantee that the individual won’t experience other life events that create additional financial stress. In some cases, the individual may have many good financial years from the first bankruptcy […]
Can I Qualify for a Pennsylvania Bankruptcy Filing?
Many people are fully aware that bankruptcy is an effective means of eliminating debt. However, many people fear that they cannot qualify for bankruptcy belief for a variety of reasons. Some people may believe that bankruptcy is only appropriate for people with complex finances. Others may believe that bankruptcy is only appropriate if you have […]
Should You Call a Mortgage Foreclosure Defense Attorney Today?
Admitting that one’s financial affairs have spiraled beyond one’s control is a difficult thing to do. It is often not so much that people are unconcerned about their debts and obligations but rather that it can be easier in the moment to sweep the problem under the rug, ignore it, and hope that it gets […]
What Can I Expect from the Chapter 7 Bankruptcy Process in Pennsylvania?
Chapter 7 bankruptcy is one of the most effective methods for eliminating unsecured debt. While Chapter 7 bankruptcy is not appropriate for all situations, it frequently allows individuals to handle otherwise insurmountable debt burdens and achieve a fresh financial start.
Creditor Calls Won’t Stop? Bankruptcy Can Make the Calls Stop and Provide Permanent Relief
As many of our clients and potential clients frequently express, one of the worst parts about falling behind on bills and accumulating debt is the creditor calls. Even when the bill collectors are professional and courteous, calls of this type are physically and emotionally draining. You may grow to dread the sound of your phone […]
Should I Consolidate my Debt Before Filing Chapter 7 or Chapter 13 Bankruptcy?
For some individuals, falling on hard times can happen through no fault or personal failing of their own. In some cases, a serious illness, injury, or medical event creates significant amounts of medical debt while preventing the individual from working. In other situations, a divorce, separation or other difficult family situations can push a household […]
How Common Are Medical Bankruptcies in New Jersey and Pennsylvania?
Many people think that a medical bankruptcy is something that will never happen to them. They reason that they are in good health, have savings, and this should provide a buffer against any unexpected medical expenses. They may even account for the fact that they have medical insurance coverage for themselves and their family members, […]
Can Chapter 7 Bankruptcy Eliminate My Credit Card Debt?
Credit cards are an essential financial tool for most people in today’s world. To start, credit cards provide significant convenience since people can use the card to purchase goods without having to carry cash. Furthermore, a credit card permits a person to buy products and services on credit. For many people, this aspect of a […]
In What Court Should Philadelphians File a Bankruptcy Petition?
Understanding bankruptcy and the bankruptcy process is an essential step for any person who is considering bankruptcy to correct serious debt issues. Unfortunately, a working understanding of the bankruptcy system is not something that is gained overnight. In fact, bankruptcy laws are highly complex and technical. Furthermore, bankruptcy is an area of the law where […]
Should I Consider Filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy?
Many people are able to manage a certain level of debt. However, when debt builds to a level where the individual’s payments are being wholly consumed by servicing the interest on the debt, it becomes clear that the situation is unsustainable and unlikely to result in a favorable outcome for the debtor. In many cases, […]
Top 7 Reasons to Consider Filing for Bankruptcy
Here are the top 7 reasons our clients seek our advice regarding filing for consumer bankruptcy protection.
5 Post Bankruptcy Tips to Remain Debt Free
After filing bankruptcy, you can follow these 5 tips to remain debt free and continue enjoying your financial freedom.
How Judgement Collection Can Be Halted Through Bankruptcy
We live in difficult economic times. It is often beyond one’s control if he or she loses a source of income, or has a family financial emergency that makes it difficult or impossible to pay all the bills in a given month. For instance, if the inability to make your required credit card payments continues, […]