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File Bankruptcy and Keep Your House, Car and Property
Many Philadelphians would like to file bankruptcy, but hesitate because they believe they will lose all of their assets and property. If this describes you, there is good news: bankruptcy exemptions allow you to protect many of your valuable belongings and possessions, while still enjoying the financial benefits of debt relief. Read on to hear…

Got Debt? Bankruptcy may be your best option.
Complaints and facts about debt consolidation. Get bankruptcy relief in Philadelphia, PA.

New "CARD" Law Targets College Students
Credit Card Accountability Responsibility and Disclosure Act (“CARD”) of 2009 targets College Campuses. The new law, among other things, will limit how credit card companies market their products to anyone under the age of 21. Meaning, less free t-shirts, beach towels and easy credit on college move-in days. The purpose of the new CARD laws…

What Are the 5 Most Common Reasons to File for Bankruptcy in Pennsylvania?
1. Avoid Foreclosure
2. Prevent Repossession
3. Medical Bills
4. Unemployment
5. Increased Expenses

How much is enough?
There is no minimum amount of debt required to file for bankruptcy protection in Philadelphia, PA or the surrounding areas. However, it should be noted that bankruptcy fees generally start at $1,000.00 not including bankruptcy court filing fees or case costs. Accordingly, if one has less than $5,000.00 total in unsecured, non-priority debt, such as…

CARD – Consumer protection against credit card abuses
As of today, August 20, 2009 the first provisions of the Credit Card Accountability, Responsibility and Disclosure Act (“CARD”) go into effect. CARD is designed to protect consumers against credit card abuses, including high fees, penalties and provide additional notice procedures. There are two primary changes going into effect today, discussed below. Change #1. Under…

Your Roadmap for Bankruptcy: Navigating the Tough Times
In this blog entry a road map of the bankruptcy system will be outlined. The first step to pursuing bankruptcy relief is an initial consultation with a bankruptcy lawyer in our Philadelphia, PA office location. At the initial consultation, which can last up to one hour, we will ask a series of questions to determine…

Weak Economy = More Bankruptcy? Think Again.
It has been nearly four years since the Bankruptcy laws were amended by the federal government. Bankruptcy law is and continues to be a viable option for many individuals, married couples and businesses alike. On a daily basis Sadek Law Offices, LLC, by virtue of bankruptcy laws and protections continues to discharge credit card debt,…