Blog

Blog

helloquence-51716

Bankruptcy Tips for Tax Time

It’s that time of year again. W2s and other forms are rolling in, one by one, through the mail. Whether you’re anticipating a sweet refund or are in danger of adding more liability to your IRS debt, it’s important to take tax time into account when you start thinking about filing for bankruptcy. As Philadelphia…

jad-limcaco-256487

Why You Shouldn’t Be Afraid of Bankruptcy Legal Fees

Many people are afraid to file for bankruptcy because they fear the costs. But filing does not have to represent a financial hardship. It’s just a matter of understanding what you’ll need to pay and when, as well as a matter of understanding how the costs of bankruptcy will fit into your overall financial picture.…

neonbrand-395901

Why You Must Understand the Difference Between Chapter 7 and Chapter 13 in Philadelphia

There is a world of difference between the two forms of bankruptcy available to the average debtor. It is very important to educate yourself about them, so you can work with your attorney to choose the filing that’s right for you. As Philadelphia bankruptcy attorneys we will give you advice based on your financial situation…

michael-mroczek-199379

7 Things You Should Avoid Before Filing a Bankruptcy in Philadelphia

If you know you’re getting ready to file for bankruptcy there are some actions you should avoid. Some of them can hurt your case, or at least raise questions about your motivations and intentions. Taking any of these actions can also reduce the number and type of exemptions you’re entitled to, which means you could…

jonny-caspari-405914

How Bankruptcy Affects Utility Bills in Philadelphia

Some of our clients are having trouble with basic expenses by the time they reach us. This can include having issues with utility bills. Fortunately, bankruptcy is meant as a fresh start. Both Chapter 7 and Chapter 13 bankruptcy are also structured in a way that’s meant to allow day-to-day life to continue while you…

nicolai-berntsen-19116

How Bankruptcy Affects Your Car in Philadelphia

Most of our society is car-dependent, so there’s little wonder most of our clients come to us with many concerns about protecting their ability to drive during and after the bankruptcy process. Philadelphia has an extensive public transportation system, but it’s not sufficient to meet the needs of every client. Fortunately, bankruptcy law and bankruptcy…

wallet-2383496_640

New Consumer-Friendly Bankruptcy Rules Take Effect

New federal bankruptcy rules may provide some relief if you end up filing a Chapter 13 bankruptcy.  These changes, applied to the Federal Rules of Bankruptcy Procedure, took effect on December 1, 2017, and place new requirements on creditors who wish to protect their interests in a bankruptcy case. The US District Court of the…

student-loan-debt-1160848_1280

Is It Possible to Discharge Student Loans Through Bankruptcy?

Student loan defaults are on the rise. Payments are often extremely high, and options for debt relief are few. Very few borrowers manage to get their loans discharged through bankruptcy, but it’s not impossible. According to Mic, 39% of student loan borrowers have managed to at least get some of their student loans discharged, if…

credit-card-2439141_1920

What Happens to Your Credit Score After Bankruptcy?

Fear. It’s usually the overriding emotion for anyone contemplating a bankruptcy. And one of the most common fears is the concern that someone who files for bankruptcy won’t be able to function in the modern world. After all, so much depends on our credit scores. Car insurance rates. The ability to secure a place to…

alice-pasqual-258250

Are You Waiting Too Long to Seek Bankruptcy Relief?

Sometimes our clients make a big mistake before they ever reach us: waiting far too long to declare bankruptcy. Waiting means your options for debt relief dwindle, and it means exposing yourself to unnecessary pain and stress as you continue to fight your creditors. Often, this happens for one of two reasons. Sometimes it happens…

GET YOUR FREE CONSULTATION

superlawyers_badge-1
Call Us Now