by sk | Jun 12, 2013 | Bankruptcy, General Legal Issues
Bankruptcy is a powerful tool that can be used to wipe away your debts and get a fresh start. While bankruptcy can be a good choice, it does have limitations. One limitation to bankruptcy is that certain types of debts are not discharged, or wiped away. These...
by sk | Jun 3, 2013 | Bankruptcy, General Legal Issues
Bankruptcy in New Jersey and Pennsylvania Filing for bankruptcy is a difficult decision for many to make, but it can often be the best path back to financial stability. The prospect of the fresh start often has individuals faced with this decision eager to be able to...
by sk | May 28, 2013 | Bankruptcy, General Legal Issues
In Pennsylvania there are two available types of bankruptcy. The first is Chapter 7 bankruptcy, also referred to as “liquidation”. The liquidation form of bankruptcy sells non-protected assets in order to satisfy debts. Once all of the assets are sold off then the...
by sk | May 22, 2013 | Bankruptcy, General Legal Issues
Declaring bankruptcy is a serious decision and can be a very useful and powerful tool to help an individual start over financially. Even though in some cases bankruptcy can be the best path to financial stability, considering bankruptcy is nearly always a stressful...