Foreclosure, Tax Sale and Bankruptcy, Don’t wait

One of the most common reasons one files for personal bankruptcy is to stay mortgage foreclosure. A Chapter 13 Bankruptcy, generally speaking, can be used as a repayment plan for mortgage arrears and other costs associated with falling behind on regular monthly mortgage payments, such as, interest, late fees, penalties and taxes. Moreover, once a […]

What Happens at a Bankruptcy 341 Meeting in Pennsylvania?

Bankruptcy 341 Meeting

What Is a 341 Meeting? A 341 meeting, also known as the meeting of creditors, is a big part of any Pennsylvania bankruptcy proceeding. When you file for bankruptcy, the bankruptcy trustee assigned to your case will call this meeting. It’s where creditors and other interested parties can ask you questions about the information in […]

Steps Prior to Filing for Bankruptcy

Filing bankruptcy is not something people want to do, rather something they have to do for various different reasons. When a person or married couple makes the decision to file for bankruptcy there are a few guidelines they should follow to make the bankruptcy procedure as easy and quick as possible. 1. Consult with an […]

How much does a bankruptcy cost?

There is no doubt that a person files for bankruptcy when they are not in the best financial position.  Accordingly, a question that we are asked daily is “How much are bankruptcy fees.”  First, the court filing fees including credit counseling, debtor education and a credit report total about $400.00 for a Chapter 13 and […]