Bankruptcy

How can an automatic stay help you?

When you’re considering bankruptcy, something that you should look into is the automatic stay. An automatic stay temporarily prohibits creditors and collection agencies, as well as others, from pursuing you for money owed while you pursue bankruptcy. An automatic stay...

Can divorce lead to bankruptcy?

It is not uncommon for individuals to put away a few hundred dollars to be used in the event of an emergency. Maybe the washing machine stops working or a leaky window finally needs to be replaced – these situations might be troublesome, but easily overcome....

What to know about Chapter 13 bankruptcy

If you are seeking an effective way to reorganize your debts, it may be worth learning more about Chapter 13 bankruptcy. In a Chapter 13 case, you can repay creditors over a period of no more than five years while retaining property such as your Pennsylvania home. You...

How will filing bankruptcy affect your credit?

When the weight of debt becomes crushing, some people choose to file bankruptcy to relieve the pressure. You may be at the point where you need to do so. Yet, you may fear moving forward because of how it could affect your credit. While bankruptcy will cause your...