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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 landlord failed to honor the agreement and threatened to take possession of the leased… Read More »

What You Need To Know About Debt Settlement

If you are facing overwhelming debt, you may be considering debt settlement. While this can be a viable alternative, it is important that you know exactly what debt settlement entails and beware of the risks involved. What it is and the potential consequences Debt settlement refers to negotiating with your creditors to repay less than… Read More »