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Which Bankruptcy Stops Foreclosure in Philadelphia?

Which Bankruptcy Stops Foreclosure in Philadelphia?

According to the Federal Deposit Insurance Corporation, approximately one in every 200 homes is foreclosed on every year in the United States. In a nation with over 74 million owner-occupied homes (according to U.S. Census data), that means roughly 370,000 houses are...
What Are 3 Alternatives to Bankruptcy in Delaware County?

What Are 3 Alternatives to Bankruptcy in Delaware County?

If you’re a Delaware County resident who’s been struggling to keep up with credit card bills, medical bills, mortgage payments, or other expenses, you may have thought about filing for bankruptcy.  However, while bankruptcy can be a useful strategy...
Who Can File for Chapter 7 Bankruptcy in Pennsylvania?

Who Can File for Chapter 7 Bankruptcy in Pennsylvania?

There are two types of bankruptcy for individuals: Chapter 7, which is also called “liquidation” or “straight” bankruptcy, and Chapter 13, a longer process sometimes referred to as a “wage earner’s plan” or...