Lehigh Valley Foreclosure Defense

The worry most debtors have is whether a credit card company can garnish their wages or bank account. Before a creditor can garnish your wages or bank account, they must receive a court order to do so. The process starts by filing a complaint in court against the debtor. A debtor can defend the action by having an attorney file an answer to the complaint. If the debtor does not take any action, the credit card company would receive a default judgment. Once the credit card company obtains a judgment, they can proceed to attempt to collect the debt. Garnishment … Continue reading »

When you file for a Chapter 7 bankruptcy in Pennsylvania, you are still able to keep certain property, known as “exempt property.” Each state has exemptions. The items and the amount of exemptions are subject to change are can be obtained in the state code. In Pennsylvania, the following are exemptions a Chapter 7 debtor is entitled to: Home equity up to $20,200 Your motor vehicle up to $3,225 Alimony and child support needed for support Pensions, Retirement Benefits, and ERISA-qualified benefits needed for support Unmatured life insurance contract Life insurance payments for person you depended on that are necessary … Continue reading »

If you have thought about filing bankruptcy, one of the things on your mind is how the disposition of your case works. In other words, what takes place between the time you file for bankruptcy and the time you receive a discharge in bankruptcy court. A bankruptcy case starts with a petition. A petition is a statement of the debtor’s financial affairs. In the petition, the debtor lists all of their creditors, the nature of the claim, and the amount owed.  The debtor will also list all of their property, the source and amount of their income, and a list … Continue reading »