The purpose of a chapter 7 bankruptcy is to give the person filing, known as the debtor, a fresh start. Chapter 7 bankruptcy is not meant to take all of your money and property from you. It is intended for you to keep your basic property. To achieve a bankruptcy fresh start in Pennsylvania, you […]
Tag: Bankruptcy Lawyer
Life is unpredictable, and often, things happen that can cause people to fall behind on debt payments, such as when they lose a job, become ill, or lose track of how much is being charged to their credit cards. When debt-to-income ratio reaches critical levels, people can quickly become overwhelmed, and as such, often turn […]
Money matters are one of the leading causes of divorce in America today. When couples decide to divorce, those money problems may lead them to seek out both a bankruptcy and a divorce. Deciding which one to file first can be complicated and stressful, and it boils down to personal circumstances. Hiring an experienced bankruptcy and divorce […]
Despite the economic recovery from the recent recession, millions of homeowners still struggle to make their mortgage payments. Rising interest rates and stagnant wages have combined to increase monthly mortgage payments beyond what many homeowners can afford to pay. William D. Schroeder, Jr., Attorney at Law, is the bankruptcy lawyer Philadelphia homeowners turn to in order to […]
Before you commit yourself to filing for Chapter 7 or Chapter 13 bankruptcy, it is important to understand the other options that you have at your disposal. Often, individuals have many cost-cutting opportunities that they can take advantage of to avoid bankruptcy and get themselves back on the right track. Our bankruptcy lawyer lists some […]
Our bankruptcy lawyer sees the struggles of bankruptcy on a daily basis and understands the stress that comes with overwhelming debt and financial troubles. There are many hard decisions throughout these times and deciding whether or not to file for bankruptcy is one of them. Despite these struggles, there are some positive things that can […]
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 […]
Are there debt collectors harassing you? Do you have debt that seems impossible for you to manage? William D. Schroeder, Jr., a bankruptcy lawyer in Philadelphia, can assist you if you find yourself in this situation. Bankruptcy can help individuals, families and businesses with obtaining a fresh start. You can still protect yourself and your […]
In bankruptcy, there are three main types of claims that creditors can make: secured claims, unsecured, or priority claims. William D. Schroeder Jr., a bankruptcy lawyer in Bucks County, is experienced in all matters of bankruptcy law and can guide you with all kinds of information, including the three different types of debt.
Montgomery, Colmar, and Philadelphia, PA – When one individual owes another money, it is not uncommon for tempers to rise. Though it is the daily job of a creditor to communicate with individuals who are dealing with credit stress or bankruptcy, they often come across as pushy and rude when money is owed. In order […]