How Bankruptcy Can Help Philadelphia Consumers Get A Fresh Start
Bankruptcy is a legal process that helps people get rid of their debts and start over. It is designed to give consumers who are overwhelmed with debt a fresh start. In Philadelphia, bankruptcy can be a powerful tool for those struggling to make ends meet. This article will explore how bankruptcy can help Philadelphia consumers […]
Stop Creditor Harassment: Bring an End to Unlawful Collection Actions
Are you struggling with debt and enduring endless calls and letters from debt collectors? Creditor harassment is disruptive and puts unnecessary stress on debtors. You may have factors beyond your control that have led to your debt, and you may be working hard to pay it off. Constant reminders of what you owe are not […]
How to Deal With the Coming Wave of COVID-19 Bankruptcies in Philadelphia
In 2021, many major businesses filed for bankruptcy, such as J. Crew, Golds Gym, JC Penny, Pier 1 Imports, and more. Small companies were not exempt, and many worried that the post-pandemic trend would increase bankruptcy filings. Are you struggling with debt related to your business and thinking about filing for bankruptcy in Philadelphia? A […]
Can You File for Bankruptcy in Philadelphia, PA If You are Unemployed?
When the COVID pandemic struck in 2020, bankruptcy filings dropped by about 30%. Experts attribute this decline to stimulus checks and financial support from the government. However, the number of people seeking bankruptcy just two years later is increasing once again. Bankruptcy offers a fresh start, but it’s not an available option for everyone. If […]
Do I qualify for bankruptcy?
Your ability to file a Bankruptcy depends mostly on your affordability, or lack thereof, to pay towards your creditors.
Business Bankruptcy and Social Media Accounts
On April 3, 2015 it was decided that social media accounts may be deemed property of a bankruptcy estate. The principle was confirmed in the bankruptcy matter known as In re CTLI, LLC (Bankr. S.D. Tex,. Apr. 3, 2015). The facts of the case were that the Chapter 11 Business Debtor doing business as Tactical […]
Modification of a Chapter 13 Bankruptcy Plan
A Chapter 13 Bankruptcy repayment plan lasts between 36 and 60 months. During that period of time there are many events that may happen which may diminish or enhance one’s ability to repay their creditors under a Confirmed Chapter 13 repayment plan. Change in circumstances that are cause for a modification of a confirmed bankruptcy […]
Credit Counseling and Bankruptcy Filing
Under the Bankruptcy Abuse and Consumer Protection Act of 2005 individuals who plan to file for bankruptcy must complete under Rule 11 U.S.C. Section 109 a Credit Counseling Course prior to filing a Chapter 7 or a Chapter 13 Bankruptcy Petition. Our office ensures that all clients comply with the counseling requirement and registers all […]
Chapter 7 Repeat Filing
On October 17, 2005, a major change in the bankruptcy law went into effect. The law change specifically referred to as The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“BAPCPA”) changed many aspects of consumer bankruptcy law(s). One of the many implemented changes was the waiting period between a consumer’s bankruptcy discharge in […]
Can I Purchase a Home after filing Bankruptcy?
Can I Purchase a Home after filing Bankruptcy? The answer to this question, is the too frequent legal answer, “It Depends.” Credit scores a/k/a FICO scores and interest rates are in an inverse relationship, meaning, the higher the credit score, the lower the interest rate. Our credit scores are the lead factor in determining the […]
Voiding Unsecured Mortgages in Chapter 13 Bankruptcy
Mortgage Lien Stripping
Credit Card Accountability, Responsibility and Disclosure Act (“CARD”)
This post will serve as a follow-up to the August 21, 2009 post regarding new CARD laws. On February 22, 2010 the next wave of CARD laws go into effect. The new enactments focus on credit card laws and regulations to improve consumer awareness and financial management. The four (4) principal changes going into effect on […]
Considering a Business Bankruptcy?
Bankruptcy and Business
Got Debt? Bankruptcy may be your best option.
Complaints and facts about debt consolidation. Get bankruptcy relief in Philadelphia, PA.
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 […]