Southwest Philadelphia Bankruptcy and Foreclosure Lawyer

Our legal services are utilized by the residents of Southwest Philadelphia when, 1, they are spending their hard-earned money to pay debt and have little to nothing left over for themselves, or 2, their home is in danger of foreclosure.

1. The Monthly Debt Trap.  I often talk to clients about what I call the “monthly debt trap.”  The monthly debt trap is very simply someone who is working and pays for their most basic expenses, their debt and has little to no money left-over for savings or discretionary spending.  Because debt usually grows slowly over the years, by the time somebody steps back and reviews their finances and sees what percentage of their disposable income is allocated to debt, the debt is usually much too high to be paid down effectively.  Accordingly, moving forward people either pay all of their money towards debt to the detriment of their savings, thereby making themselves more “trapped,” or they review their legal options for a financial fresh start which may involve Bankruptcy, Credit Defense or Debt Consolidation.  At the beginning of the pandemic our office fielded hundreds, if not thousands of calls from people who were forced to stay inside, slow down and take a very close look where their funds were being distributed on a monthly basis.  Our office was able , and is available, to be there for families who realized they were in and ready to get out of the debt trap.
2. Mortgage or Real Estate Foreclosure. Generally the Mortgage or Real Estate Taxes are the last bills to fall behind.  The prospect of losing one’s home is daunting and therefore it is crucial that a homeowner that is falling behind on mortgage payments reaches out for help as early as possible.  Sadek has Cooper has assisted Thousands of Philadelphia area homeowner’s stay in their homes by way of Chapter 13 Bankruptcy, Mortgage Modifications, or Real Estate Tax negotiation.  Although it is recommended that our office is involved as close to the start of the Mortgage or Real Estate Tax Delinquency, we can usually help the Residents of Southwest Philadelphia save their homes in the most pressing situations by way of using an Emergency Bankruptcy, see  https://www.sadeklaw.com/emergency-bankruptcy-philadelphia/

In conclusion, if you are struggling financially and do not know where to turn, please contact the  local Southwest Philadelphia debt relief law firm of Sadek Bankruptcy Law Offices.

Sadek Bankruptcy Law Offices has a dedicated team of lawyers who help clients achieve the benefits of bankruptcy in Pennsylvania and New Jersey.  Our lawyers have over 75 years of combined experience and have filed more than 5,000 successful bankruptcy cases.

If you would like to discuss your financial situation, call 215-545-0008 (Pennsylvania) or 856-890-9003 (New Jersey) for a free consultation with a lawyer.  We look forward to helping you!