Author Archives: Jay Butchko
Negative Thoughts You Should Get Rid Of About Your Bankruptcy
If you are struggling with overwhelming debt, you have options. One of these options is filing bankruptcy. After you file, the automatic stay will prevent creditors from calling you and demanding payment. The automatic stay can prevent creditors from suing you and sending you letters. Also, a bankruptcy filing can stop an eviction, foreclosure,… Read More »
Rebuilding Your Credit After Filing Bankruptcy In Pennsylvania
Having a high credit score is quite important. You can easily obtain loans with lower interest rates with a high credit score. Apart from helping you secure loans with lower interest rates, a high credit score can help you when you’re looking for housing or applying for a job. If you are considering filing… Read More »
What Debts Are Not Discharged In Bankruptcy?
If you’re facing financial hardship because of overwhelming debts, one of the options that can help you start over financially is filing for bankruptcy. Usually, the aim of filing for bankruptcy is to obtain a “discharge” of debts. When debts are discharged, it means you are no longer obligated to pay back those debts…. Read More »
Will My Co-Signer Be Responsible For Debt If I File For Bankruptcy?
If you are struggling with overwhelming debt, filing bankruptcy might be an option for you. People often choose Chapter 7 bankruptcy because the process is quick and because Chapter 7 bankruptcy enables you to have your debts discharged/forgiven. However, if you are not eligible for Chapter 7 bankruptcy, you can benefit from filing a… Read More »
Do I Really Need A Bankruptcy Attorney?
If you have been struggling with overwhelming debt and have finally decided to file for bankruptcy, the question you are probably asking yourself now is whether you should hire an attorney. Considering you are already in financial trouble, doesn’t it make sense for you not to hire an attorney? Doesn’t it make sense for… Read More »
Vehicle Repossession: Can Filing For Bankruptcy Help Me Keep My Car?
Unlike many personal loans, a car loan requires collateral. The reason for this is that a car loan is a secured loan. Secured loans require some type of collateral as a condition of borrowing. In the case of a car loan, the collateral is the car that the loan is taken to purchase. Therefore,… Read More »
Who Will Know I Filed For Bankruptcy?
If you are dealing with overwhelming debt, one of your best options is filing for bankruptcy. According to research, more than one million Americans file for bankruptcy every year. If you file for bankruptcy, you may be able to eliminate most, if not, all of your debts. However, the reality is that the decision… Read More »
Is It Possible For Me To Fire And Replace My Bankruptcy Attorney?
If you are not satisfied with the service your current bankruptcy attorney is providing you, you might be wondering whether you can fire them and hire a new attorney. So, can you fire and replace your bankruptcy attorney? Of course, you can. You are not tied to your bankruptcy attorney. The same way you… Read More »
Can Filing For Bankruptcy Keep You From Being Evicted?
If you are in a situation where you fear being evicted because of rent arrears or have already received an eviction notice, it is crucial that you avoid feeling as though you don’t have options. Indeed, if you have the ability to, you should pay your rent arrears. But, if you don’t, remember you… Read More »
Can Filing For Bankruptcy Stop A Creditor Lawsuit
When a debtor fails to pay their debts, a creditor has several available options that can help them collect their money. For example, a creditor can write a letter requesting payment or forward a debtor’s information to a debt collection agency. While most creditors choose “self-help” remedies and collection agencies, a civil lawsuit is… Read More »