01/31/2021 - The CARES Act is helping prevent Chapter 13 Bankruptcy Plans from being dismissed.
12/14/2020 - Eviction and Bankruptcy
Landlord has not obtained an eviction judgment yet:
If a landlord has not obtained an eviction judgment prior to your bankruptcy, then the automatic stay prevents the landlord from moving forward with an eviction lawsuit. The stay can last until your Chapter 7 Bankruptcy case is closed in 4 to 6 months from filing.
Landlord has been awarded an eviction judgment:
If the landlord has already obtained a judgment for possession in an eviction lawsuit, then the only way to prevent an eviction is to deposit the total arrears with the bankruptcy clerk. In other words, depositing your back owed rent in an . . .
10/02/2020 - Should you Sign-up with a Debt Consolidation Company?
09/12/2020 - Repossessed Vehicles: What are my Bankruptcy Options?
Under Pennsylvania law, vehicle owners have a 15-day right of redemption for repossessed vehicles. This means that if an individual can pay the entire car loan balance within 15 days of the repossession, then the lender must return the repossessed vehicle. For most people, the right of redemption is not very practical because if they were able to pay off their entire vehicle loan in the first place then it would not have been repossessed.
Chapter 7 Bankruptcy and Redemption for Repossessed Vehicles:
The right of redemption works differently in a Chapter 7 Bankruptcy. Instead of paying off the entire loan balance, car owners would only need to pay the appraised fair market value in order to redeem the vehicle. This may still be expensive, but some lenders specialize in so called "Redemption Loans," although . . .