What You Need to Know About Being Sued for Debts in Philadelphia

One of the biggest threats creditors have at their disposal is their legal right to sue debtors over unpaid bills. As Philadelphia bankruptcy lawyers we’ve seen this event become the proverbial straw that breaks a debtor’s back more times than we can count. Picking up the phone to call a bankruptcy lawyer is a good…


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…


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.…


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…


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…


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…


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…


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…


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…


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…


Call Us Now