Posts by Brad Sadek, Esquire

Medical bills have been a leading cause for bankruptcy cases for a long time. Over half of most people’s unpaid debt comes from medical bills. But in some parts of the country, hospitals are all but forcing bankruptcies with aggressive debt collection practices that leave former patients in dire straits. Many hospitals have generous financial…

It’s almost impossible to live and work without a car. And unlike houses, cars tend to break down at the worst possible moment. They wear out and they become more expensive to fix than to replace. If this happens during Chapter 13 bankruptcy, will you be able to get a new one? As it happens,…

There are few debts more stressful than student loans. While in cases of extreme hardship they can be discharged through bankruptcy it’s very hard to do so. That means plenty of Americans are feeling the strain of huge payments and debt loads they may never see the end of. And scammers are stepping in to…

Most of the people who file Chapter 13 bankruptcy are trying to save a home they already have. But in some cases, people who are working their way through a Chapter 13 plan start considering a home purchase. And if you’re one of them, take heart: it is 100% possible to get a mortgage while…

If you’re in the military and you’re thinking about filing for bankruptcy, you’re not alone. Active duty service members file for bankruptcy every year. It’s important to realize you have the same rights as civilians when it comes to taking advantage of this legal form of financial relief. You also have some resources civilians don’t,…

If you’re one of the many seniors who is exploring the possibility of bankruptcy and you’ve got a reverse mortgage, this is an important question to ask. The short answer is you can file for bankruptcy. The long answer is: but it can get complicated. Here are some questions you should be asking yourself, and…