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Many Pennsylvania physicians operate their own medical practices or belong to a physician group that runs a medical business. With the practice being both an asset and the source of your income, its value matters when negotiating a divorce settlement. A complex mix of...
In the last blog we explored 5 myths about bankruptcy that might be holding you back from seeking financial help. I hope it cleared up some questions you may have. We will finish up with 5 more myths that may be occupying your belfry. MYTH #6: Bankruptcy Erases All Of...
In the Halloween spirit, I will try to unspookify bankruptcy by casting out misunderstandings about this valuable financial tool. While everyone is probably familiar with rumors about the misuse of bankruptcy, there are even more cases where the proper use of the...
It has long been said that the principal purpose of bankruptcy is to give a "fresh start" to the "honest but unfortunate" debtor. Wetmore v. Markoe, 196 U.S. 68 (1904). To that end, the Bankruptcy Code protects debtors from becoming destitute and dependent upon the...
When it comes to estate planning, there are a lot of myths out there. Many people think that a lawyer is not needed to create a will, but this is not the case. A lawyer can help you in many ways. A lawyer can help you understand the estate planning process Estate...
Most federally backed mortgage lenders are required to provide annual statements regarding the status of each escrow account it services under §2609(c)(2) of the Real Estate Settlement Procedures Act. While this section tells mortgage servicers what to do, §1024.17...
If you are divorcing in Pennsylvania, one of the most important things you'll have to do is divide your marital assets. You can do this by yourselves, or the court will decide for you; however, one denominator remains the same regardless of the route you take: The...
So you fell behind on your credit card payments and now the credit card lender has sued you. While you should prepare for a defense as soon as possible, this blog may have reached you too late and now they have entered a judgment against you. If the suit was filed...
If you own your home or any other real estate in Pennsylvania, your county, municipality and school district probably assess a real estate tax. For example, if you live in Harrisburg, you will be assessed a real estate tax by Dauphin County, the City of Harrisburg and...
On August 24, 2022, the U.S. Department of Education announced targeted student debt cancellation programs to address the continuing impact of COVID-19 on borrowers' income. The program cancels debt held by the Department of Education (click here and sign in to see if...
