Gamblers almost always think the next game will be a winner for them. That’s what keeps them coming back for more, even when they’re sinking in debt. With the construction of many casinos throughout the Philadelphia area, the ease of…
Who hasn’t received the Nigerian prince email? This phishing scam purports to be from a high-ranking Nigerian official who needs financial assistance or personal information to retrieve an alleged inheritance. We recently helped our client who fell victim to one…
Springtime for many Americans means more than just budding trees and blooming flowers. Many people look forward to a healthy tax refund to pay off debt, or, if they’re lucky, buy the next item on their wish list. However, Uncle…
Everyone needs a will and testament but, alarmingly, only 44 percent of American adults have one, according to a May, 2016 Gallup poll. Whether your assets are worth millions or you live on social security in a rental, inevitably some…
The Mortgage Forgiveness Debt Relief Act was NOT renewed for 2018 and that means more people will be filing for bankruptcy this year. Congress passed the Mortgage Forgiveness Debt Relief Act as a way for lenders to deal with the…
High financial expectations, a competitive job market, and mounting student loan bills due immediately upon graduation leave post-secondary graduates vulnerable to financial crises. It’s no wonder that, according to a new TransUnion Healthcare Millennial Report which published last month found that…
The number one reason for bankruptcy is not an addiction to Gucci bags and Mercedes Benz automobiles. Medical bills are the leading cause of personal bankruptcy in the United States. They are often unexpected, involuntary, and large. Fortunately, over the…
December means bonuses for many employees. The extra cash helps them get through the holiday season, but, in terms of bankruptcy, December bonuses could mean paying thousands of dollars more to creditors over a longer extended bankruptcy period. The timing…
Thoughts about bankruptcy come during moments of despair and overwhelming pressure, and for many, the main worry is, “Will I lose my home?” Quite often, we can happily say that a debtor can keep a home, but like many complex…
Last month our office was successful in discharging a student loan in a Philadelphia filed Chapter 7 Bankruptcy scoring one for the people! Chief Judge Eric Frank discharged all the federal student loans ($26,000) of Kristin Price, a single mother…