A Chapter 13 Bankruptcy Attorney in Philadelphia Examines Creditors’ Rights

Notification of a Chapter 13 bankruptcy proceeding can be a blow to creditors and many assume – often erroneously – that they will have to write off most or all of that debt.  Creditors have rights during bankruptcy hearings and can often influence the proceedings to ensure they get the money owed to them.

Hiring a qualified Chapter 13 bankruptcy attorney in Philadelphia is a good first step, as an attorney can advocate for and help protect the creditor’s rights.

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A Philadelphia Bankruptcy Attorney Presents: A Quick Guide to Bankruptcies in America

Quick Guide to Bankruptcies in AmericaEvery year in the US, hundreds of thousands of people -or more- file for bankruptcy as a way of getting out from under debts and other obligations they are unable to pay without assistance.  Some of these people are here in Philadelphia and considering whether they should seek the services of a Philadelphia bankruptcy attorney to help them with their debt restructuring.

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Guide to Small Business Bankruptcy: Chapter 13 Edition

Chapter 13 bankruptcy attorney and Small Business BankruptcyBankruptcy is complicated and is best undertaken with the guidance of an experienced attorney. Business owners may file under Chapter 7, Chapter 13 or Chapter 11, depending on several factors. A Chapter 13 Bankruptcy Attorney can help you determine the best available choice for your situation. This month we will discuss Chapter 13 Bankruptcy. Larger businesses or those who are considered separate legal entities will have to file under Chapter 11, and that will be a subject for next month.

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Should I File for Bankruptcy? A Philadelphia Chapter 7 Bankruptcy Lawyer Answers Some Common Questions

Philadelphia Chapter 7 Bankruptcy LawyerBankruptcy is the legal procedure that allows people who are struggling financially to discharge debt and move on with their lives. Filing for chapter 7 bankruptcy with a Philadelphia lawyer can potentially come with some costs including a hit to your credit score, however, if you are struggling to make ends meet saving your credit score may be the least of your concerns.

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Chapter 7 vs. Chapter 13: A Bankruptcy Lawyer in Philadelphia Explains the Difference

Bankruptcy Lawyer in PhiladelphiaBankruptcy enables people who are overwhelmed and unable to continue paying their debts to clear their financial obligations and get a fresh start. Bankruptcy also provides some protection: an automatic stay is enacted that prohibits creditors from contacting the debtor and requiring them to file a claim with the Court to seek satisfaction of their debts. This cessation of phone calls and pressure is often a huge relief to those in financial distress. A Chapter 7 Bankruptcy Lawyer in Philadelphia explains the differences between two options: Chapter 7 or Chapter 13 bankruptcy.

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Chapter 7 Bankruptcy Lawyer Helping Brides in Alfred Angelo Case

Chapter 7 Bankruptcy Lawyer - gownBrides who were injured by the recent bankruptcy filing and closure of Alfred Angelo, a large bridal retail chain, could use the services of a Chapter 7 bankruptcy lawyer.  The 84 year old company closed its retail stores on July 13, 2017 without warning and filed for Chapter 7 bankruptcy protection the following day. With over 60 locations in the United States, Canada and Europe, the sudden closure of the company disrupted wedding plans for thousands of brides who ordered their gowns from Alfred Angelo, causing emotional as well as financial losses. Alfred Abel, a Pennsylvania bankruptcy lawyer, describes the aftermath of Alfred Angelo’s bankruptcy and what it means for their brides.

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