Lancaster Legal Blog

Read more about the article Could Bankruptcy Help Deal with Overwhelming Debt in 2023?
Bankruptcy

Could Bankruptcy Help Deal with Overwhelming Debt in 2023?

By Dennis L. Plank, Attorney Some Lancaster County residents are struggling to keep up with debt payments. The economy has been tough on everyone, which means some people have missed mortgage payments, car payments, or credit card payments. Filing for bankruptcy provides an opportunity for some people to get a fresh financial start. For most situations, filers can decide between Chapter 7 and Chapter…

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December 19, 2022
Read more about the article Who Can Declare Bankruptcy in Lancaster County?
Bankruptcy

Who Can Declare Bankruptcy in Lancaster County?

By Dennis L. Plank, Attorney Bankruptcy can effectively manage some types of debt, but it's not suitable for everyone. Many people are confused about what bankruptcy covers, who should file for Chapter 7, and who should file for Chapter 13. However, few people can "choose" which type of bankruptcy to file. Instead, the law determines which type of bankruptcy is most appropriate based on the…

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November 17, 2022
Read more about the article Some Types of Bankruptcy Can Protect Home Ownership, Even if Foreclosure Proceedings Have Already Started
Bankruptcy

Some Types of Bankruptcy Can Protect Home Ownership, Even if Foreclosure Proceedings Have Already Started

By Dennis L. Plank, Attorney Pennsylvania Chapter 13 bankruptcy is a legal tool developed to help people repay debts without liquidating all of their assets. It’s potentially beneficial for homeowners who want to manage debt without losing their homes. This type of bankruptcy was designed to help usually steady earners get back on their feet after a rough period. Sometimes referred to as the…

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September 15, 2022
Read more about the article Who can Declare Bankruptcy? Take the Quiz.
Bankruptcy

Who can Declare Bankruptcy? Take the Quiz.

By Dennis L. Plank, Attorney For some people, bankruptcy is an effective way to manage or eliminate debt, but it’s not the best option for everyone. In fact, many people don’t qualify for bankruptcy. Some may find that bankruptcy will not address their most pressing debt needs. Determining if bankruptcy is the right option can be confusing. So, we’ve compiled a short quiz to…

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January 17, 2022
Read more about the article Chapter 13 and Chapter 7 Bankruptcy Overview for Homeowners
Bankruptcy

Chapter 13 and Chapter 7 Bankruptcy Overview for Homeowners

By Dennis L. Plank, Attorney Debt is a difficult burden to bear. For homeowners especially, debt can spiral out of control unexpectedly. And when the roof over one’s head is at stake, the stress of snowballing debt can be overwhelming. In these cases, bankruptcy may be the best available option. The two primary forms of bankruptcy available for homeowners in Lancaster County are Chapter…

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October 27, 2021
Read more about the article Learn why Some Lancaster County Residents are Choosing to File for Bankruptcy.
Bankruptcy

Learn why Some Lancaster County Residents are Choosing to File for Bankruptcy.

By Dennis L. Plank, Attorney People file for bankruptcy for many different reasons. Medical expenses, job loss, excessive use of credit, divorce and separation, and unexpected expenses are just a few reasons Lancaster County residents might choose this option to manage debt. And while some people can stop debt from spiraling out of control before bankruptcy is necessary, others cannot stabilize their financial situation…

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August 25, 2021