Posts by Brad Sadek, Esquire

In The News: Navient Student Loan Lawsuit

mentor 3513738 1280 - In The News: Navient Student Loan Lawsuit

As Philadelphia bankruptcy attorneys we speak to people who are in over their head with student loan debt almost every week. So we have been watching the news very carefully to keep track of developments in the nationwide student loan crisis. Today’s hot news is a story about a class action law suit against a major…

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What is a Mortgage Cram Down?

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If you’re considering Chapter 13 Bankruptcy because you want to save property you might have already heard of a “mortgage cram down” which can save you a great deal of money on loans. Some of our clients have even had fears about this term, as they thought it might mean they would be required to…

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Does the IRS Hire Private Collection Agencies?

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Accruing a massive amount of debt to the IRS is one of the scariest things that can happen to a person. Private collection agencies can certainly pile on the stress. Here’s the short answer: sometimes the IRS uses private collection agencies, sometimes they don’t. Attempts to hire private debt collectors to retrieve IRS debt have…

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Are You Dealing with Zombie Debt?

bankruptcy lawyer near me - Are You Dealing with Zombie Debt?

Maybe you paid it. Maybe it’s just so old you don’t even remember it. Or maybe it doesn’t even belong to you, just someone who shares your name. Whatever the cause, it’s a zombie debt, a debt that’s hard to slay because it just seems to keep coming back. And it can be some of…

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What to Expect at a 341 Hearing

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When you file for bankruptcy you will, at some point, find yourself at a 341 hearing. This hearing is also called the meeting of the creditors hearing. You, your attorney, any creditors who wish to show up and your trustee will be present. For the most part, these hearings are not terribly exciting, though we…

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4 Reasons You Should Never Be Ashamed to File for Bankruptcy

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As Philadelphia bankruptcy lawyers we are often confronted with clients who are concerned about filing. Some of those concerns are tangible, physical worries, like whether they’ll be able to keep the house or whether they will ever be able to get credit again.Others are far more emotional. And one of the most prominent emotions, the…

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How to Deal with Collection Calls

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It starts happening almost as soon as you start getting behind on your bills. Some, or all, of those bills get sent on to third-party collection agencies. When that happens, the calls start, sometimes multiple times a day. If you make the mistake of answering the phone you’ll be badgered, shamed, and cajoled into paying…

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