There is now a large percentage of Americans at risk of financial instability.
While bankruptcy tends to be a consumer’s last thought as an answer to their debt problems, some studies are now showing that debt relief programs may actually be the saving grace of our nation’s economy.
During the current pandemic, people across the United States are struggling daily to deal with their ever-mounting bills. There is help you can seek now.
Many of the nation’s most in-need families are likely to be in for a sad surprise when they realize that their check is far less than they had expected.
Have any questions about your stimulus, creditors, or your financial options in these uncertain times? Watch (or read) the following conversation with attorney Brad Sadek as he answers all of the above.
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.
A Motion for Relief from the Automatic Stay imputed in bankruptcy is filed by a Creditor, usually a mortgagee or automobile lender, and alleges that the Petitioner in Bankruptcy has fallen behind on post-petition mortgage or vehicle payments. For example, if a Petitioner files a Chapter 13 Bankruptcy Plan and fails to make their post-petition […]
A recent blog by Steve Rhode of Huff Post was titled “Why a Chapter 7 Bankruptcy Should Be Your First Option and Not a Last Resort.” It discussed the financial benefits of exploring bankruptcy first in order to best address relieving debt. In Philadelphia and its surrounding counties, those dealing with credit card debt, collection […]
This Thursday, April 30, 2015 is the NFL Draft. There, college players who lack any experience but have the world of potential will receive millions of dollars to play the game they love. It sounds great, but, a recent article in the April 15, 2015 edition of the Washington Post suggests otherwise. The article states […]
One of the most common questions I receive is “How can I improve my credit after a bankruptcy filing?” My advice involves making timely and regular payments on a mortgage or rent, a vehicle if the Petitioner owns one and equally important, not incurring any new debt after a bankruptcy filing. Further, our firm recommends […]