During the process of bankruptcy, everyone wants to protect their assets – losing property is not something that anyone wants to go through. However, creditors are going to be looking at your assets and there are certain transfers that are considered fraudulent when conducted prior to filing for bankruptcy. Our bankruptcy attorney in Philadelphia explores […]

Read more

For those facing creditor claims in Chapter 13 bankruptcy, knowing your right to object to and challenge the claims is imperative. Using assistance from a bankruptcy attorney in Philadelphia, such as William D. Schroeder, Jr., can ensure that you have sufficient legal help throughout this process, while understanding your rights. Take a look at the […]

Read more

Long ago in the history of America and England, we had what is known as Debtor’s Prison.  If you owed lots of money to many people or a large amount of money to one person and you did not pay it back on time, the creditor would take your property and have you thrown in […]

Read more

On July 9, 2013, the Pennsylvania Legislature passed House Bill 465, which includes a new subsection that exempts family owned business interests from inheritance tax. William D. Schroeder, Jr., our bankruptcy attorney in Philadelphia, has outlined some of the implications of this new law and how it can benefit you. Read the following article before […]

Read more

Philadelphia, PA – According to the University of Nevada’s Boyd School of Law, even back in Ancient Rome, “Roman laws prohibited the enforcement of gambling debts other than those incurred wagers made on state sponsored events such as state sponsored chariot races. For as long as gambling has been around, there have been customs and laws […]

Read more

On September 20th, 1977, the Fair Debt Collections Practices Act (FDCPA) was approved on a federal level and by March of 1978, the act became fully effective, offering protection to consumers from illegal, abusive, and defensive debt collection practices while safeguarding reputable debt collectors from unfair competition. Under the FDCPA, there were several established guidelines […]

Read more

Philadelphia, PA – When faced with financial difficulties, it is common for individuals to break under pressure.  Filing for bankruptcy relief can bring an individual’s worries to rest, which is why William D. Schroeder, Jr. Attorney at Law, offers chapter filing services for clients struggling with debt. William D. Schroeder, Jr. suggests clients consider chapter […]

Read more

Chapter 13 stops mortgage foreclosures, sheriff sales and the tax man.  Chapter 13 filing is the ideal form of bankruptcy to file for individuals who have the ability to pay off their debt over time at a reduced rate. Although originally designed to help individuals, chapter 13 can also help self-employed, small businesses through difficult […]

Read more

Although bankruptcy can be psychologically difficult for even the strongest people, individuals living in Philadelphia can rest easier knowing that there are options available to them that will prevent their losing everything. In fact, bankruptcy filing can even be beneficial to an individual’s life issues including his state of mind. Without having to worry about […]

Read more