Philadelphia Lawyer Explains Bankruptcy or Debt Consolidation: Which Is the Better Option for You?
The combined debt of US households is now over $15.6 trillion. As the cost of living rises, it can be easy to fall into the
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At Sadek Bankruptcy Law Offices, we realize that every situation is different. Our debt relief lawyers will take the time to learn about your situation and your goals. Our objective is to explain your legal options and offer the best debt relief strategy for you in the most compassionate and friendly manner possible. Call 24/7 to schedule your meeting with a lawyer.
Our office understands the financial stress our clients endure. Therefore, in addition to reasonable legal fees, we offer a payment plan to all of our valued clients to make quality legal services most affordable.
In addition to our primary law office in Center City, Philadelphia, we also have law offices throughout the Greater Philadelphia, Pennsylvania Area and in New Jersey. Our branch offices have contributed to making us the #1 Bankruptcy Filer and debt relief firm in the Greater Philadelphia area. Our goal is to have a convenient location within 20 minutes of where our clients work or reside.
The combined debt of US households is now over $15.6 trillion. As the cost of living rises, it can be easy to fall into the
If you’ve recently filed for bankruptcy or are preparing to do so, you’re not alone. Believe it or not, over 434,000 Americans filed for bankruptcy
Are you struggling with debt and enduring endless calls and letters from debt collectors? Creditor harassment is disruptive and puts unnecessary stress on debtors. You
A recent study showed that only about half of respondents could cover their bills each month. For many of these people, their debt only makes
Are you struggling with debt? If so, you’re not alone. At the end of the 2021 third quarter, Americans owed $806 billion in credit card
Are you currently facing foreclosure, and you need help with a property tax foreclosure defense? Do you need a tax foreclosure attorney, but you aren’t
In 2021, many major businesses filed for bankruptcy, such as J. Crew, Golds Gym, JC Penny, Pier 1 Imports, and more. Small companies were not
When the COVID pandemic struck in 2020, bankruptcy filings dropped by about 30%. Experts attribute this decline to stimulus checks and financial support from the
Most people file Bankruptcy due to eliminate credit cards and personal loans or reorganize their mortgage debt. However, Bankruptcy is also an option for those
The United States Small Business Association “SBA” is not a direct lender of loans to small businesses. Rather, through its expansive network of lenders, the SBA works
Don’t let COVID destroy your financial future! Bankruptcy can help you get out of the student loan debt cycle and our local Philadelphia bankruptcy lawyers can help you discover the best way forward.
In Bankruptcy full disclosure and open communication with your Philadelphia lawyer is essential. Prior to filing a Bankruptcy Petition, our local lawyers will review the bank statements for any issues that could impact your case.
This answer does depend on the Chapter of Bankruptcy, whether a Chapter 7 or Chapter 13 and the complexity of the matter as well, but generally legal fees and costs prior to filing are around $2,000 in Philadelphia.
Those who are already struggling with credit card debt are even more likely to swipe their cards to pay for gifts – but getting out of this debt is the most important financial decision.
Not everyone was lucky enough to have a student loan that was discharged by the government; however, a Philadelphia bankruptcy attorney can still offer help!