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…

0 Comments

When is Bankruptcy a Good Option for Debt Relief?

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…

1 Comment