Category Archives: Bankruptcy
Obama’s HARP Re-vamp – Some Homeowners Still Out of Luck
In October 2011, the Obama administration announced additional steps to try and help people lower their mortgage payments by allowing more of them to refinance—even if they owe more than their property is worth. The White House is taking these steps because of today’s financial climate, where many people are in debt and unable to […]
Avoiding Mistakes After Bankruptcy
Once you have gone through the bankruptcy process, and come out safely on the other side, remember that you’re not quite done yet. There is still work to be done in getting on the right financial track. Bankruptcy can be a great opportunity to develop new, good financial habits and avoid some known credit pitfalls. […]
The Harold Shepley Story – A Lawyer Who Truly Understands
A Message from Attorney Harold Shepley: I know how you feel because I have been there. I have been through the gambit of emotions just like you are going through. I also know that sometimes realizing you are not alone can make all the difference. I too have found myself between jobs and barely able […]
Falling Behind on Debt—You DO Deserve Help
The dictionary defines debt as: something that is owed or that one is bound to pay. We have all been in some form of debt at one time or another. People accumulate debt for many reasons. Here are just a few: Job loss Medical bills Exhausted unemployment benefits Divorce/separation Victim of predatory lending Underemployment or […]
Bankruptcy in Pennsylvania – The Means Test – Will I Pass?
In seeking relief from overwhelming debt, people often think that bankruptcy is the best choice. Many people think Chapter 7 liquidation bankruptcy is the best option for them. However, in order to be eligible, you must first pass a means test. This means test involves comparing your income to those of other families in the […]
Not All Bankruptcy Attorneys are Created Equal
If you have seen one bankruptcy attorney you have seen them all, right? Wrong, not all bankruptcy attorneys are created equal. Each one has unique skills and experiences as well as a unique approach to dealing with their clients. These differences can have a great deal of impact on the process as well as your […]
Bankruptcy: Chapter 7 vs. Chapter 13
Deciding whether to file for bankruptcy is a complicated and important decision. If it is indeed the right choice for you, you and your attorney will need to decide what type of bankruptcy to file, Chapter 7 or Chapter 13. Let’s take a look at the pros and cons of each. Chapter 7 bankruptcy is […]
When Filing for Bankruptcy, Experience Matters
Deciding whether to file for bankruptcy can be an emotional and bewildering process. It is advisable to hire an experienced bankruptcy attorney to help you through the journey. Bankruptcy is complicated, requiring a lot of paperwork and knowledge of state and federal laws. During this trying time, it is best to have a seasoned professional […]
Life After Bankruptcy – Simple Steps to Re-establish Credit
So, you have filed for bankruptcy and gone through the process. Now what? How do you move on? First, let go of any guilt and shame. It is time to start over. Bad things happen to good people all the time and you are not alone. A beginning step in starting over is re-establishing your […]
Bankruptcy Alternative Options Now Available
Just about everyone in the United States is carrying around some debt in one form or another. Unfortunately, it seems to have become a way of life. Sometimes that debt can become overwhelming and threaten to take over our entire lives. Bankruptcy may seem like the only option. Bankruptcy is a truly life-altering event; an […]
