Monthly Archives: May 2026
Does Bankruptcy Protect a Workers’ Comp Settlement?
Bankruptcy may be necessary to alleviate your financial burdens and obtain a fresh start. If you have received a Workers’ Compensation settlement or are in the process of negotiating one, you should talk to your attorney about how to protect your settlement during bankruptcy proceedings. Workers’ Compensation benefits and settlements are usually protected from… Read More »
Are Unemployment Benefits Exempt in Pennsylvania Bankruptcy?
Filing for bankruptcy can help people with severe debt and financial problems get a fresh start, but they may lose some assets in the process. If you receive unemployment benefits, you should speak to a bankruptcy lawyer about how to protect those benefits. Generally, unemployment benefits and other forms of public assistance may be… Read More »
How Do Pennsylvania Courts Value Property in Bankruptcy Cases?
Bankruptcy can be an unpleasant experience, but it may be the best way to get out from under debts you can no longer afford and get a fresh financial start. During bankruptcy, you may need to submit reports about your property and how much it is worth. If property is not valued correctly, you… Read More »
What Happens to Jointly Owned Real Estate in Pennsylvania Bankruptcy?
Jointly owned real estate can be treated differently from other assets during bankruptcy, depending on the type of joint ownership. If you co-own property with a spouse or someone else and file for bankruptcy, our lawyers can prepare you for what comes next. If you file for bankruptcy and co-own real estate with your… Read More »
Do Tax Refunds Count as Assets in Bankruptcy?
Depending on the bankruptcy chapter you file under, your assets may be liquidated to repay creditors. Lots of things count as assets that might surprise debtors, such as tax refunds, which they may not be able to keep or ever receive during a bankruptcy case. Tax refunds are assets during bankruptcy, which means you… Read More »