Sadek Bankruptcy

What happens to a credit score after bankruptcy?

Who better to lend money to than somebody who either eliminated their debt or reduced their debt? Sadek Bankruptcy Law Offices Bankruptcy lawyer answers what happens to your credit score after bankruptcy.

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 […]

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 […]