When debt becomes overwhelming, the logical step for many people is to file for bankruptcy to get a handle on debt through reorganization or a fresh start through liquidation. While bankruptcy could be an appropriate option, care should be exercised as there are...
BANKRUPTCY SOLUTIONS FOR
Pennsylvania Individuals And Businesses
Month: December 2013
How to Rebuild and Repair Credit After Bankruptcy
You took the leap into bankruptcy to stop mounting debt, foreclosure and creditor harassment, and finally have a moment of relief to reassess your financial position and plan for the future. Now what? For most consumers, the next step after debt settlement or...
Chapter 11 Bankruptcy Saves Pennsylvania Business
When the Marathon Grill restaurant at 1818 Market Street in Philadelphia, Pennsylvania fell behind on rent because of the 2008 recession, they were able to continue operations through a debt settlement agreement with their landlord. But when ownership changed, the new...
Rebuilding Your Credit? Beware of Potential Scams!
Debt overwhelms consumers for all types of reasons such as unexpected bills, medical costs, job loss, loss of a wage earner or mortgage payments on an underwater home. When debt becomes too much to manage, offers of assistance by credit repair companies can seem like...