Laid Off Due to the Coronavirus (COVID-19)? Bankruptcy Can Help. No one wants to file for bankruptcy. But if you’re one of the millions laid off because of the coronavirus outbreak, it might make sense especially if you’re struggling with debt. Learn how a “last resort” bankruptcy plan can give you a sense of control…
COVID-19 Outbreak – This webpage provides information for workers and employers about the evolving coronavirus outbreak first identified in Wuhan City, Hubei Province, China. The information includes links to interim guidance and other resources for preventing exposures to, and infection with, the novel coronavirus—now officially named COVID-19. According to the U.S. Centers for Disease Control…
Wipe Out Credit Card Debt and Most Other Non priority Unsecured Debts with Local Bankruptcy Attorney Wilkes-Barre, PA bankruptcy Attorney C. Stephen Gurdin Jr. Bankruptcy is very good at wiping out unsecured credit card debt (the debt is unsecured if you didn’t promise to give back the purchased property if you didn’t pay the bill),…
Foreclosure is the legal process by which a lender takes control of a property, evicts the homeowner and sells the home after a homeowner is unable to make full principal and interest payments on his or her mortgage, as stipulated in the mortgage contract. The foreclosure process derives its legal basis from a mortgage or…
If you are Drowning in Debt don’t tackle paying off debt without working toward future financial goals. While you don’t want to ignore paying off what you owe, you could also be making a mistake by obsessing over it. “Don’t assume the best thing to do is put all your extra money toward your debt,”…
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