As a Chapter 7 bankruptcy attorney in Philadelphia, an important piece of our job is counseling people in bad financial situations. When someone has a large amount of unsecured debt that he/she is unable to pay, and the individual is being harassed by creditors, getting out from under the weight of unmanageable debt through Chapter 7 bankruptcy can sound like a great idea.
Posts Tagged ‘Chapter 7 Bankruptcy Lawyer’
Brides 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.
In most cases, Chapter 7 bankruptcy will halt wage garnishment in Pennsylvania. The most significant exception is that bankruptcy has no impact on obligations to pay child support. Another significant exception is if you work in a different state, like New Jersey or Delaware where the state rules may differ.