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May 2014 Archives

Chapter 7, 13 bankruptcy may provide needed debt relief

For the average consumer, finances and debt constitute some of the greatest stresses in life. However, debt may be a much larger issue for one person versus another. Those who are facing a sizable amount of debt may benefit from either a Chapter 7 or Chapter 13 bankruptcy filing in Pennsylvania.

Company selling all furniture as part of Chapter 7 bankruptcy

Most business owners in Pennsylvania have dreams of selling plenty of merchandise in order to stay in the black. However, circumstances beyond their control, such as a downturn in the market or other financial problems, could result in them seeking Chapter 7 bankruptcy protection. A furniture business in one out-of-state case is in the process of liquidating its assets under the supervision of a Bankruptcy Court after filing for relief.

Debt relief can occur through bankruptcy filing in Pennsylvania

Credit card debt may feel like the Ghost of Christmas Past. The purchases made on one’s credit card during the latest holiday season and at other times of the year might continue to haunt the individual for a long time. People in Pennsylvania might not know how to obtain debt relief, but they may find hope in the legal avenue of bankruptcy protection.

College graduates stretched in their budgets, seeking debt relief

Going to college is often seen as a good thing: With a degree, a person's job options increase, and the person may enjoy higher earning power. However, going to college can also been viewed in a negative light if a college graduate leaves campus with tens of thousands of dollars in student loans. It's natural to want debt relief in this type of situation in Pennsylvania.

Chapter 13 bankruptcy can help with high credit card debt amounts

Living underneath the weight of credit card debt is the norm for many households in the United States. In some cases in Pennsylvania, the debt may be so great that a person considers filing for Chapter 13 bankruptcy, where they reorganize their debts and can save their homes from foreclosure. However, this may be reversed simply through the art of negotiation. A few tips may help a person to effectively negotiate with credit card companies in order to more easily pay off outstanding debt.

Bankruptcy may be necessary for those needing debt relief

The amount of money owed on credit cards today actually has decreased since the recession in 2008. However, Americans as a whole have more than $850 billion in revolving debt, which mostly includes money owed on credit cards. People in Pennsylvania might feel that their debts are swallowing them up, and they may seek debt relief, which is possible through the legal avenue of personal bankruptcy in our state.

Credit card payoff tips may help to provide debt relief

When people are asked how much they weigh or how old they are, they naturally may be shy about divulging this information in Pennsylvania. However, a new Internet poll shows that people generally are even more embarrassed about revealing how much debt they have and if they are likely in need of debt relief. They are also leery about discussing their credit scores.

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Bryan P. Keenan & Associates, PC

993 Greentree Road
Suite 101
Pittsburgh, PA 15220

Toll Free: 866-753-6857
Phone: 412-923-4941
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