11 Jun 2021

Despite the negative connotations linked to it, debt can actually be a useful financial tool for small businesses. Businesses can use debt to hire new employees, buy necessary equipment, and even finance expansion plans. According to a survey on Small Biz Genius, at least 70% of small businesses have outstanding liabilities. However, if you fail to properly manage your debt, you run the risk of accumulating exorbitant interest fees and endangering your business.

business debt


07 May 2021

There is no way to sugarcoat it: buying a house for the first time is overwhelming. There are many factors you need to consider well before you decide between a split-level rancher or a chic city condo. We’re going to take a look at what’s the best financial advice you’ll need to know before buying your first home so that by the end of this article, you’ll be prepared to enter the housing market for the first time.

Let us begin by asking a simple question that has several complex answers.

buying a home


07 Apr 2021

There is a lot of pressure on small businesses to do well after their launch. Within the first two years, roughly 20% fail, while 45% do so within a five-year time frame. And following the events of 2020, their vulnerability has only been emphasized. Last year, Bloomberg reported on predictions that small business bankruptcies will increase by 36%.

How small business avoid bankruptcy


01 Feb 2021

When a couple divorces, there is much more at stake than their emotional well-being. They must disentangle their finances, establish separate households, and provide for their children’s support and well-being. Bankruptcy and divorce are complex, and every situation is unique. Across the country, families need help with different parts of the change, whether they live in Seattle WA, Bryn Mawr PA, or somewhere else.  planning may be able to help you figure out the financial strain while child counselor visits would help support your children’s transition.

Bankruptcy and Divorce


12 Nov 2020

You’ve probably heard that you can get rid of your credit card debt by filing for bankruptcy. This is true, for the honest but unfortunate debtor.

Overwhelming credit card debt is one of the top three reasons people file bankruptcy, the others being job loss and medical debt. But there is more to bankruptcy than just listing your creditors and paying a filing fee. Let a prominent bankruptcy lawyer in Philadelphia tell you how you can navigate the bankruptcy process to successfully clear credit card debt and get a fresh start.

clear credit card debt


30 Jul 2020

Many of us are out of work and suffering financially due to the pandemic. While the federal CARES Act has helped somewhat by extending and expanding unemployment benefits, providing payroll protection loans to small businesses, initiating forbearance on foreclosures and on making certain mortgage payments, and initiating a period of forbearance on student loans, all of this help is set to expire very soon.

What are you going to do? Don’t panic. This guide will provide you with actionable steps you can take to survive financially during these unprecedented times, and perhaps avoid ultimately filing Chapter 7 or Chapter 13 bankruptcy.


05 Feb 2020

So you’ve decided to file a bankruptcy petition but are concerned about how it will influence your credit score. Here’s what happens to your credit after bankruptcy, and what you can do about it.

You should also consider what NOT filing will do to your credit.  If you are behind on bills due to divorce, medical catastrophe, or job loss, your credit score has already taken a hit due to delinquent accounts. You might be facing foreclosure or car repossession, and these also affect your credit negatively. It may just be that the credit ramifications of NOT filing bankruptcy are more severe and long-lasting than filing bankruptcy, resolving your financial issues, and getting a fresh start. 

The fact that you filed a personal bankruptcy case can remain on your credit report for up to ten (10) years.  That being said, the type of bankruptcy you filed, why you filed bankruptcy, whether you completed your Chapter 13 plan, and whether you received a discharge will all factor into your credit score, as will your post-bankruptcy financial behavior.


08 Jan 2020

We all go through money troubles at some point in our lives, but none of them is as daunting as intimidating as going bankrupt. But despite the negative connotation often associated with it, declaring bankruptcy offers individuals and businesses a way out of financial difficulty. types of bankruptcy, chapter 7 bankruptcy vs chapter 13

Most people who file for bankruptcy have one common goal – to receive possible debt relief. What many aren’t aware of, however, is that there are different types of bankruptcy. As for personal bankruptcy programs, they are usually filed either under Chapter 7 or Chapter 13 bankruptcy.


03 Dec 2019

We all go through some form of financial difficulty at some point in our lives, but none of them will ever be as scary or daunting as finding oneself face to face with bankruptcy. hiring a bankruptcy lawyer

Filing for bankruptcy and going through the entire process can be one of the most stressful experiences of your life. And nobody deserves to go through such an enormous and distressing financial crisis alone. To make sure that you’ll be able to handle the situation and everything else that comes with it, you’ll need an experienced bankruptcy lawyer for guidance and representation in court.

Just in case you’re looking to hire an attorney to help you with your bankruptcy case, we’ve compiled five of the most important questions to ask potential bankruptcy lawyers before you hire any of them.