Why hire a bankruptcy attorney?
Bankruptcy attorneys play a vital role in the process, and cutting them out can cause tragic and expensive consequences. Below are a few things that bankruptcy attorneys can do to help your bankruptcy.
New Jersey: Foreclosures & Available Options
With many people already behind on their mortgage payments, the surprise hit from COVID-19 left many struggling to meet their financial obligations.
Bucks County – stop upcoming sheriff sales
If your home is about to end up in a sheriff sale, you still have time to take action!
When Should You File for Bankruptcy
You may be thinking, is the middle of a pandemic really the best time to consider taking such a big step? Yes! If you are facing financial struggles the answer is most definitely sooner rather than later.
COVID-19: regain your financial security
If you are feeling overwhelmed by bills and financial responsibilities during this stressful time, you may have options that you are not considering.
Our Law Practice during the Coronavirus Pandemic
Our phones are still answered 24/7 and in the face of financial uncertainty, we are still holding free initial consultations by phone.
How Judgement Collection Can Be Halted Through Bankruptcy
We live in difficult economic times. It is often beyond one’s control if he or she loses a source of income, or has a family financial emergency that makes it difficult or impossible to pay all the bills in a given month. For instance, if the inability to make your required credit card payments continues, […]
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 […]
Bankruptcy and Student Loans, a Brief Overview
The recognized current standard for including student loans in a bankruptcy discharge is broadly defined as a clear showing that the payment of the student loan debt will impose an undue hardship on the Debtor and his or her dependents. To meet this standard the Bankruptcy Courts have implemented the Brunner test. The Brunner test […]
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 […]
Payday Loans making a comeback in Pennsylvania?
In March, 2010 I posted a blog about the high cost of payday loans, as high as a 426% interest rate. Payday loans are not the first choice of a consumer looking for a short term loan, and are generally sought in the most dire of financial positions. Pay day loans are often used by […]
The Omitted Creditor in Bankruptcy?
This blog stems from a Chapter 7 client who asked “What happens if a creditor is not listed?” It is Sadek Bankruptcy Law Officess’ common practice that prior to a bankruptcy filing we review a 3 source credit report and collect all bills from our clients to ensure all creditors are listed on a Bankruptcy […]
Sadek Law Offices, LLC to open Branch Office in Delaware County, PA
To best meet the needs of our expanding client base Sadek Law Offices, LLC on August 1, 2012 will be expanding our practice into Delaware County, Pennsylvania. From our Delaware County, Pennsylvania location we will practice Consumer Bankruptcy Law, Business Bankruptcy Law, Family Law, Real Estate and General Litigation. We are eager to serve the […]
Stripping Unsecured Junior Liens
On or about January 17, 2012, Sadek Law Office filed an adversary proceeding against a major mortgage servicer for among other things, stripping a wholly unsecured junior mortgage lien. The subject real property at issue was valued less than the first mortgage amount of $180,000.00 thereby deeming the second mortgage lien as “wholly unsecured.” Through […]
Sadek Law Offices, LLC 2011 Year in Review
As the year 2011 comes to an end I, Brad J. Sadek, managing attorney, would like to extend thanks to our staff of attorneys and paralegals for another successful year. Further, I would like to extend my gratitude to our clients whom we get the pleasure of providing legal assistance to. As we enter our […]