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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Chapter 13 Bankruptcy may Help to Face an Unexpected Personal Financial Crisis

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…

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