Colmar, PA – March 10, 2016 – As many as 1% of individuals in the United States files for bankruptcy in a year. It is one of the most tumultuous private legal proceedings an individual can be involved in.  William D. Schroeder, Jr., Attorney at Law, has a long history of helping Philadelphia residents during bankruptcy proceedings, and […]

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Philadelphia, PA – December 2015 – Chapter 7 bankruptcy attorney, Philadelphia native and active community service participant, William D. Schroeder Jr., recently spoke at the 20th Annual Bankruptcy Institute on the basics of Chapter 7 bankruptcy. The event featured judges from the eastern district and is praised every year for its wide variety of topics. Mr. Schroeder was […]

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Filing a Chapter 13 bankruptcy can be confusing and many people are unsure what to expect.  William D Schroeder, Jr., a Chapter 13 bankruptcy attorney in Philadelphia answers the top questions about bankruptcy. When should I think about hiring a bankruptcy attorney? When bills start piling up and it gets harder to know what to do […]

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No the Greeks are not going to file a chapter 13 in Montgomery County but, One of the biggest stories in the news this week has been the Greek debt crisis. Greece was scheduled to repay the International Monetary Fund $1.7 billion on Tuesday after they were loaned this money during the 2008 Wall Street […]

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Today I spoke to the Philadelphia area Plymouth Meeting Chapter of BNI on the topic of Bankruptcy, chapters 7 and 13 what is this all about.  40 people were in attendance and as a bankruptcy practitioner I am always interested in hearing from people and the questions they have concerning bankruptcy in general and its […]

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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 […]

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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 […]

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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 […]

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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 […]

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