Bankruptcy is a tool that allows people who are insolvent to seek protection from the court, to assist them in reorganizing their debt and finances. In exchange for the protection and debt reorganization (or forgiveness), bankruptcy may affect your credit which can impair your ability to secure mortgages, favorable interest rates, car loans, and many other debt tools. A Chapter 13 bankruptcy attorney from Alfred Abel Law Offices reviews the effects of bankruptcy and compares those against the benefits offered.
Many NBA players file for bankruptcy within five years of their professional career ending. What is the cause of this phenomena? Taxes? Fraud? You would be surprised to know that none of those are the primary reasons. Instead, the cause is poor planning and foresight on the part of the players. Players should have spoken to bankruptcy lawyers to sort out their finances before, during, and after their professional career. Take these stories as a cautionary tale; if million-dollar basketball players can be affected by bankruptcy, anyone can. A Philadelphia Bankruptcy Lawyer from Alfred Abel Law Offices provides some tips to understand and avoid bankruptcy.
Taxi cab accidents are a category of personal injury suits. Like car accidents, taxi accidents can involve victims who are both (1) passengers and (2) other motorists. For this second installment, we will discuss taxi passengers and motorists who are struck by taxis, and how a car accident personal injury lawyer can assist.
If you have been injured in an automobile accident – even if it was not your fault – a car accident personal injury lawyer is essential in helping you to maximize recovery of compensation for pain and suffering (among other possible damage claims such as emotional distress, loss of earning capacity, and loss of consortium). An attorney will also assist you in obtaining reimbursement for medical bills, lost wages, and other accident-related expenses that you may have incurred. A car accident personal injury lawyer will represent your interests in dealing with the various insurance companies involved and, if necessary, will file a timely law suit on your behalf. In that case, the lawyer will help you to determine the monetary value of your damages, the proper parties to the action, and the nature of the claims that you are legally entitled to pursue. These matters can be quite complex and the expert professional assistance provided by a car accident personal injury lawyer can make a significant difference in the ultimate recovery obtained.
According to an article on the internet site, www.stuff.co.nz, a 74-year old grandmother recently filed for bankruptcy after being stuck with $13,000 in debt. A “friend” had convinced her to take out a loan in her own name because she was unable to get one herself, then failed to pay the loan off.
Car accidents are one category of personal injury or tort claims. Several sub-categories will be discussed over the coming months by our car accident personal injury lawyer. This month we will discuss personal car drivers and passengers.
Accidents happen, and sometimes those accidents can hurt other people or damage their property. As a result, certain rules and laws govern how you can seek recovery for your injuries from a variety of different situations. At Alfred Abel Law Offices, a personal injury lawyer in Montgomery County can help guide you through this complicated legal process. Some common personal injury cases include:
Worried about Foreclosure? The Philadelphia bankruptcy attorneys at Alfred Abel Law Offices offer 12 tips for avoiding foreclosure. If you are behind on your payments and worried about foreclosure, consider which of these methods might help you.
In 2015, Montgomery County Bar Association’s Bankruptcy Committee registered 1558 foreclosure complaints. Many homeowners are unaware that they have some options for avoiding foreclosure. Relief could be as simple as refinancing, especially if homeowners have managed to keep up with payments. Other avenues of relief include selling the home, either at a price equal to the mortgage debt or as part of an approved short sale; loan modifications; repayment plans or even reverse mortgages for homeowners over 62 years of age. Sometimes bankruptcy is the only way to stop a home foreclosure, and with 30 years of experience, Alfred Abel Law Offices can make the process easier.
Philadelphia Bankruptcy Attorney Alfred Abel has helped hundreds of clients through difficult bankruptcy cases. Though bankruptcy can be complicated, filing bankruptcy can also bring relief from creditor harassment and worry over bills, as well as provide a fresh start, free of overwhelming debt. If you are worried about what will happen to your home after bankruptcy, talk with your bankruptcy lawyer. In most cases, you will be able to keep your home, and in many cases, you may be able to negotiate a more manageable payment plan.
Trust the knowledgeable and skilled Philadelphia bankruptcy attorneys of Alfred Abel Law Offices to guide you through bankruptcy. For more information, call 215-517-8300 or visit www.AlfredAbelLaw.com today!
The responsibility of texting and driving accidents has predominantly been on the driver. However, recent developments in Pennsylvania law look to expand the pool of people who are liable for resulting car accidents. A Philadelphia personal injury attorney can assist you in the event you have been in an accident, and help you understand your legal rights and options.
If you are filing for bankruptcy protection, you are required to seek counseling about your credit from a government-approved counselor within 180 days before you file. You are also required to complete a follow-up debt education course before the court discharges your debts. A Montgomery County bankruptcy lawyer can help you through your entire bankruptcy process.