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The Effects of Covid-19 on Bankruptcy Filing and Mortgage Foreclosures

As Covid-19 forced lockdowns across the nation, unemployment skyrocketed, and many industries screeched to a halt as the Gross Domestic Product fell by more than 30 percent in the second quarter of 2020. Despite the bleak economic situation, some economic data like...

Can a Husband File For Bankruptcy Without Their Wife in Pennsylvania?

The short answer to this question is yes. Any individual can file a bankruptcy case on their own, even if they are married. In a situation like this, the other spouse is usually referred to as the “non-filing spouse” in the case, and their involvement is limited....

Can I File for Bankruptcy in New Jersey because of COVID-19?

Businesses across the country have shut down due to COVID-19. People who were experiencing financial hardships are continuing to do so. Income has been reduced while bills continue to pile up. Many New Jersey individuals suffering under economic strain who were...

What Property is Safe from Liquidation in Chapter 7 Bankruptcy in PA?

One of the biggest questions that people ask themselves when they are in financial trouble and contemplating filing for bankruptcy is “which of my property will I be able to keep?” Bankruptcy filings can allow you to protect certain personal assets from creditors that...

Five Important Questions You Should Ask About Filing for Bankruptcy

If you are dealing with growing financial debt, then it is natural to wonder about the potential of filing bankruptcy to help fix your financial situation. A successful bankruptcy can help alleviate your financial woes, but it should not be your first option. You...

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