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Can Chapter 7 Bankruptcy Eliminate My Credit Card Debt?

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...
Can I Discharge Income Tax Debts in Bankruptcy?

Can I Discharge Income Tax Debts in Bankruptcy?

While tax time and tax problems are traditionally associated with mid-April, the simple fact is that the IRS can request additional information or launch a tax audit at any time in the year. In some cases, these examinations will result in the imposition of...
Three types of Creditors in a Chapter 13 Bankruptcy

Three types of Creditors in a Chapter 13 Bankruptcy

When considering filing for a Reorganization of debt under Chapter 13 Bankruptcy Protection, Petitioner’s should be aware of the three categories of debt included; Priority, Secured and Unsecured debts. Priority debts in the Chapter 13 Bankruptcy include costs...
File Bankruptcy and Keep Your House, Car and Property

File Bankruptcy and Keep Your House, Car and Property

Many Philadelphians would like to file bankruptcy, but hesitate because they believe they will lose all of their assets and property. If this describes you, there is good news: bankruptcy exemptions allow you to protect many of your valuable belongings and...