Filing for bankruptcy makes it possible for tenants to postpone any eviction proceedings through something called an “automatic stay”. Our Philadelphia bankruptcy attorneys can help you file for Chapter 7 or Chapter 13 bankruptcy.
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.
Like most areas of law, people do not want to file a bankruptcy proceeding, people file bankruptcy because they have to. There are several different types of Bankruptcy filings. The most common type of bankruptcy is consumer bankruptcy. Consumer Bankruptcies are filed on behalf of an individual or a married couple under Chapter 7 and […]
1. Do Not Incur Post Bankruptcy Unsecured Debt Whether you have filed for a Chapter 7 Discharge or a Chapter 13 Reorganization of debt, potential lenders will most likely send offers for new credit. Potential lenders target Petitioners post bankruptcy because their finances are under control. The offers of credit are usually in the form […]
A reaffirmation agreement is entered between the Petitioner in Bankruptcy/borrower and a secured lender prior to a discharge in Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. A reaffirmation Agreement is signed by the Debtor and Lender and filed with the Bankruptcy Court and most importantly waives discharge of the mortgage or otherwise secured debt. The […]
Sadek and Cooper Chosen as Top Philadelphia Bankruptcy Lawyers Sadek & Cooper Law Offices has been recognized by My Fox Philly’s MojoAwards as the top rated bankruptcy law firm in the Philadelphia area. The Mojo competition is conducted weekly, highlighting a different type of business each week. Since the competition for best bankruptcy law firm […]