Chapter 13 Bankruptcy

Pennsylvania Median Income Changes For 2020

The Pennsylvania median income will increase again for most families as of May 1, 2020, meaning more debtors will qualify for Chapter 7 Bankruptcy.

Bankruptcy Cramdown Of Auto Loans Reduces Interest and Payments

If your vehicle is worth less than you owe, or your interest rate is high, a Chapter 13 bankruptcy "cramdown" of your loan can lower your balance, cut your interest rate, and slash your payment.

Deficiency Judgments After Foreclosure

Deficiency judgments in Pennsylvania can follow a mortgage foreclosure, leaving the former homeowners on the hook for thousands of dollars. Bankruptcy can stop deficiency judgments and discharge debt.

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