By Dennis L. Plank, Attorney Lancaster County residents who are feeling crushed by job loss, unexpected expenses, or mounting bills may feel there is no way out of their financial troubles. But there are legal options for debt relief, and one of them is bankruptcy. Filing for bankruptcy is not for everyone, but for some, it can be the right choice for a fresh…
By Dennis L. Plank, Attorney Recent world events have caught many people off guard. After 11 years of economic stability and years of a record-high employment rate, many Lancaster County homeowners were surprised by recent furloughs or job losses. Others may have found that even a few weeks or a few months without income have buried them in debt. While many people are accustomed…
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…
By Dennis L. Plank, Lancaster Bankruptcy Attorney As a bankruptcy attorney, I know that many of us have financial struggles at one time or another in our lives. Sometimes, our overspending is at fault. Other times, mounting debt comes with life situations that are out of our control, such as job loss, illness, or a death in the family. If you are living in…
By Dennis Plank, Attorney For Lancaster County residents who are struggling with debt, filing for bankruptcy may be a wise choice that can put them back on solid financial footing. Here are five things to do before making that decision: 1. Identify Debts and Determine if Bankruptcy Will Help Bankruptcy can be a wise option for debt relief, but it's not for everyone. For…
By Dennis Plank, Attorney Consumers in Lancaster County and beyond are taking on more and more debt these days, much of it in credit cards and student loans. Outstanding U.S. consumer debt has surpassed $4 trillion, with total credit card debt at an all-time high of $1 trillion. No wonder so many people are looking into debt relief options. For some, debt is necessary…
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