Can Chapter 7 Bankruptcy Help You get Back on Track?

By Dennis L. Plank, Attorney Filing for bankruptcy does not have to be a sign of failure. Sometimes financial misjudgments and living beyond ones means can quickly snowball into insurmountable debt. However, in other cases, debt is the result of circumstances beyond an person's control, such as overwhelming medical bills or job loss. For people living in Lancaster County and considering Chapter 7 bankruptcy…

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The Pros and Cons of Chapter 7 Bankruptcy

By Dennis Plank, Attorney Debt is a fact of life for many in Lancaster County, and perhaps for you, too. And sometimes that debt can become overwhelming. You may be wondering if Chapter 7 bankruptcy right for you. Maybe years of poor spending habits, mounting credit card balances and rising interest rates have finally caught up with you. Or perhaps a major life event…

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7 Ways to Deal with Debt

By Dennis Plank Attorney Debt can sneak up on you in a variety of ways. Some people don't watch their spending carefully and wake up one day to find they're buried in debt. Others take a lower paying job only to find they can no longer keep up with credit payments. Still, others fall behind because of high medical costs. Some people find it…

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5 Questions to ask if You’re Considering Bankruptcy

By Dennis Plank, Attorney If you've been struggling with a mountain of debt, you may be considering bankruptcy as one way to remedy your financial challenges. Bankruptcy is a good solution for many people in Lancaster County, but it is not right for everyone. Each person's issues and needs vary, so you may want to consult a bankruptcy attorney before making your final decision.…

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Chapter 7 Bankruptcy in Pennsylvania

Is This Debt Relief Option Right for You? When your finances get out of control, you might resist filing for bankruptcy. After all, many people and businesses can find the financial relief they need by selling off assets, downsizing cars and homes, eliminating memberships, rethinking budgets, and reducing expenses dramatically enough to find the funds they need to work their way out of crippling…

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