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Filing for bankruptcy can be a way for people in Philadelphia to shed the burden of certain types of debt and move forward toward a brighter financial future. However, declaring bankruptcy can have some negative repercussions for Philadelphia residents, chief among...

Filing for bankruptcy can be a stressful experience, though it is sometimes necessary to relieve or deal with certain forms of debt and move on with your life. And while filing for bankruptcy can liberate people from certain debts, it can also have some negative...

Bankruptcy is sometimes the only option for dealing with debt that is too burdensome to be paid within a reasonable amount of time. And while there are almost always certain consequences that can come along with bankruptcy, there are certain ages at which the debtor...

Sometimes declaring bankruptcy is the only way to deal with crippling debt, but some people may wonder which stage in their life would be best for declaring bankruptcy. Bankruptcy, although it can be a solution, does have some consequences that can affect personal...

For many people in Pennsylvania, filing for bankruptcy is a way to relieve themselves from certain forms of debt and move ahead with a clean slate. Filing for bankruptcy is a good option for many people, but it can have some negative consequences, such as lowering...

Pennsylvania has a “look-back” period of four years, giving bankruptcy trustees ample time to undo or “clawback” a transaction considered a “fraudulent conveyance.” Having to defend a transaction that occurred four years preceding a bankruptcy filing can cause stress...