The Pennsylvania median income will increase again for most families as of November 1, 2020, meaning more debtors will qualify for Chapter 7 Bankruptcy in 2020 and the first half of 2021.
Important information about your home, cars, credit, taxes, student loans, debt collection, and more after your bankruptcy discharge. See how to make the most of your debt-free status.
The Bankruptcy Code and other federal statutes, such as the Servicemembers Civil Relief Act (SCRA) and the National Guard and Reservists Relief Act, offer specific protections to members of the military struggling with debt and other financial concerns.
The imprisonment of debt takes a heavy toll on virtually all aspects of a person's life, including work, family, friendships, and even health. There is a way out.
The initial bankruptcy consultation is an opportunity to get a professional evaluation of your finances and see if the bankruptcy attorney is a good fit. Your bankruptcy attorney should review your financial situation and discuss all possible solutions, not just bankruptcy.
What is the bankruptcy means test? How does it work, and why does it matter in Pennsylvania bankruptcy? A Philadelphia bankruptcy lawyer explains how the means test can enable more debtors to file for Chapter 7 bankruptcy.