You can find yourself in financial difficulty for any number of reasons, for example, the loss of a job, a business failure, a serious illness or injury that leads to overwhelming medical costs, and more. Just as your reasons for getting into an unmanageable debt situation are unique to your circumstances, there are specific considerations that you will need to consider when deciding how to cope with such financial concerns.
For example, if you are a homeowner you will need to take into account the possibility of foreclosure, and how Pennsylvania foreclosure law can affect your ability to keep your home from an involuntary sale.
If you own a business, it may be necessary to see if you can negotiate an agreement with your creditors to keep your doors open, or if that is not practical then how to manage a possible closure.
If you have assets, you will need to decide whether you would like to keep them, if possible, or whether you are willing to see them liquidated in a trustee sale to help pay off creditors.
Because your situation is unique, any attorney you consult with for debt relief assistance should approach a debt relief solution based on those specifics. At Bryan P. Keenan & Associates, experience helping our clients to solve debt problems has given us a thorough awareness of the different possibilities available for each individual case, and how to help each specific client to select the right legal tools to accomplish what is most important.