Posts by Brad Sadek, Esquire

If you’re like 2 million other Americans, you may struggle with medical debts, even if you have insurance.  Medical care costs are skyrocketing, insurance covers less than it ever did, and premiums are through the roof if you’re lucky enough to have it all. Some people struggle to pay for routine doctor’s visits. If the…

While Philadelphia is blessed with a pretty good Walk Score at 79, most of our bankruptcy clients find they both need and want to have a car. And while some people walk out of bankruptcy declaring they will never sign on to get another car payment ever again, preferring to get a cheap used car…

Afraid your credit score will never recover if you choose to file bankruptcy? You’re not alone. As Philadelphia bankruptcy attorneys, we hear this fear a lot. The amount of misinformation out there doesn’t help. But believe it or not, you don’t have anything to be afraid of. Bankruptcy actually improves most people’s credit score. Here’s why. If…

Bankruptcy doesn’t have to be terrifying. Done right it almost starts to seem a little banal. Your lawyer will tell you to take a step or sign a document. You’ll do it. The process will continue until you get your discharge. However, there are ways to add mountains of additional and unnecessary stress to the…

Afraid you won’t get any credit card offers after bankruptcy? Believe, at best, you’ll be stuck with a small, secured credit card? As Philadelphia bankruptcy lawyers we hear this fear every day. Fortunately, there’s good news. Typically, credit card offers come pouring in directly after your discharge. There are several reasons. First, your credit score…

Many clients who are trying to save their homes try loan modification before they try bankruptcy. It’s not a bad idea. The problem is, many banks turn loan modification into a frustrating, slow-moving, labyrinthine process. Often, the process does not move fast enough to protect a homeowner from foreclosure on its own. Back payments and…