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

5 Things to Do Before Filing for Bankruptcy

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…

1 Comment

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…

1 Comment