1. Eliminate Your Debt – It is one of the main reasons why people file for Bankruptcy.
2. Loss of Employment – It is very common reason for filing bankruptcy.
3. Stop Foreclosure – Foreclosure of house can be stopped at any time prior to the sale with the help of Chapter 13 Bankruptcy.
4. Stop Repossession – If you file bankruptcy quickly enough you can avoid a vehicle repossession.
5. Relief from harassing behavior of creditors – Filing bankruptcy instantly stops the harassing behavior of the creditors and collection agencies.
6. Relief from huge medical bills – Through Chapter 7 Bankruptcy medical bills can be eliminated.
7. Stop Wage garnishment – Wage garnishment is also very important reason for filing bankruptcy. But chapter 7 bankruptcy can spot wage garnishment.
Dunne Law Offices, P.C.
1500 John F Kennedy Boulevard Suite #200
Philadelphia, PA 19102
http://www.dunnelawoffice.com
http://www.dunnelawoffices.com
http://www.thephiladelphiabankruptcyattorney.com
http://www.bestphiladelphiabankruptcyattorney.com
215) 854-6342
Friday, June 18, 2010
Saturday, June 12, 2010
http://www.bestphiladelphiabankruptcyattorney.com
The two most common consumer bankruptcies are Chapter 7 and Chapter 13 bankruptcy.
Best Philadelphia Bankruptcy Attorney is committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future.
Best Philadelphia Bankruptcy Attorney
1500 John F. Kennedy Boulevard, Two Penn Center, Suite 200,
Philadelphia, PA 19102, USA
(215) 854 - 6342 office
(215) 205 - 6367 cell
(215) 525 - 9721 fax
http://www.bestphiladelphiabankruptcyattorney.com
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Dunne Law Offices, P.C.
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Best Philadelphia Bankruptcy Attorney is committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future.
Best Philadelphia Bankruptcy Attorney
1500 John F. Kennedy Boulevard, Two Penn Center, Suite 200,
Philadelphia, PA 19102, USA
(215) 854 - 6342 office
(215) 205 - 6367 cell
(215) 525 - 9721 fax
http://www.bestphiladelphiabankruptcyattorney.com
Print Directions
Dunne Law Offices, P.C.
$100.00 Certificate
A penny saved is a penny earned.
Expires - Dec 31, 2010
http://maps.google.com/coupons/page?did=11591777125430904523
Wednesday, June 2, 2010
Cautiously Optimistic About President Obama’s Stimulus Package
A quick glance at the bankruptcy statistics from around the Country
illustrate that bankruptcy filings have increased by 220% from 2007
thru 2010.
Between March 31, 2006 and March 31, 2007
695,575 bankruptcy cases were filed.
Between March 31, 2007 and March 31, 2008
901,927 bankruptcy cases were filed.
Between March 31, 2008 and March 31, 2009
1,202,503 bankruptcy cases were filed.
Between March 31, 2009 and March 31, 2010
1,531,997 bankruptcy cases were filed.
The statistics show a remarkable increase in bankruptcy filings
which are a good barometer for the economic situation in this Country.
The percentage increase from 2007 to 2008 was 29.7%
The percentage increase from 2008 to 2009 was 33.3%
The percentage increase from 2009 to 2010 was 27.4%
This is hard evidence that millions of Americans are
filing bankruptcy and the numbers are increasing at a startling rate.
A 220% increase over three (3) years indicates that we are knee
deep in a recession and it is more likely that we are in the
thick of it rather than on the way out.
I am cautiously optimistic about America’s economic recovery.
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 John F. Kennedy Boulevard
Two Penn Center, Suite 200
Philadelphia, PA 19102
(215) 854 – 6342 office
(215) 205 – 6367 cell
(215) 525 – 9721 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
Article Source Material:
http://www.uscourts.gov/Statistics/BankruptcyStatistics.aspx
illustrate that bankruptcy filings have increased by 220% from 2007
thru 2010.
Between March 31, 2006 and March 31, 2007
695,575 bankruptcy cases were filed.
Between March 31, 2007 and March 31, 2008
901,927 bankruptcy cases were filed.
Between March 31, 2008 and March 31, 2009
1,202,503 bankruptcy cases were filed.
Between March 31, 2009 and March 31, 2010
1,531,997 bankruptcy cases were filed.
The statistics show a remarkable increase in bankruptcy filings
which are a good barometer for the economic situation in this Country.
The percentage increase from 2007 to 2008 was 29.7%
The percentage increase from 2008 to 2009 was 33.3%
The percentage increase from 2009 to 2010 was 27.4%
This is hard evidence that millions of Americans are
filing bankruptcy and the numbers are increasing at a startling rate.
A 220% increase over three (3) years indicates that we are knee
deep in a recession and it is more likely that we are in the
thick of it rather than on the way out.
I am cautiously optimistic about America’s economic recovery.
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 John F. Kennedy Boulevard
Two Penn Center, Suite 200
Philadelphia, PA 19102
(215) 854 – 6342 office
(215) 205 – 6367 cell
(215) 525 – 9721 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
Article Source Material:
http://www.uscourts.gov/Statistics/BankruptcyStatistics.aspx
Cautiously Optimistic About President Obama’s Stimulus Package
A quick glance at the bankruptcy statistics from around the Country
illustrate that bankruptcy filings have increased by 220% from 2007
thru 2010.
Between March 31, 2006 and March 31, 2007
695,575 bankruptcy cases were filed.
Between March 31, 2007 and March 31, 2008
901,927 bankruptcy cases were filed.
Between March 31, 2008 and March 31, 2009
1,202,503 bankruptcy cases were filed.
Between March 31, 2009 and March 31, 2010
1,531,997 bankruptcy cases were filed.
The statistics show a remarkable increase in bankruptcy filings
which are a good barometer for the economic situation in this Country.
The percentage increase from 2007 to 2008 was 29.7%
The percentage increase from 2008 to 2009 was 33.3%
The percentage increase from 2009 to 2010 was 27.4%
This is hard evidence that millions of Americans are
filing bankruptcy and the numbers are increasing at a startling rate.
A 220% increase over three (3) years indicates that we are knee
deep in a recession and it is more likely that we are in the
thick of it rather than on the way out.
I am cautiously optimistic about America’s economic recovery.
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 John F. Kennedy Boulevard
Two Penn Center, Suite 200
Philadelphia, PA 19102
(215) 854 – 6342 office
(215) 205 – 6367 cell
(215) 525 – 9721 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
Article Source Material:
http://www.uscourts.gov/Statistics/BankruptcyStatistics.aspx
illustrate that bankruptcy filings have increased by 220% from 2007
thru 2010.
Between March 31, 2006 and March 31, 2007
695,575 bankruptcy cases were filed.
Between March 31, 2007 and March 31, 2008
901,927 bankruptcy cases were filed.
Between March 31, 2008 and March 31, 2009
1,202,503 bankruptcy cases were filed.
Between March 31, 2009 and March 31, 2010
1,531,997 bankruptcy cases were filed.
The statistics show a remarkable increase in bankruptcy filings
which are a good barometer for the economic situation in this Country.
The percentage increase from 2007 to 2008 was 29.7%
The percentage increase from 2008 to 2009 was 33.3%
The percentage increase from 2009 to 2010 was 27.4%
This is hard evidence that millions of Americans are
filing bankruptcy and the numbers are increasing at a startling rate.
A 220% increase over three (3) years indicates that we are knee
deep in a recession and it is more likely that we are in the
thick of it rather than on the way out.
I am cautiously optimistic about America’s economic recovery.
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 John F. Kennedy Boulevard
Two Penn Center, Suite 200
Philadelphia, PA 19102
(215) 854 – 6342 office
(215) 205 – 6367 cell
(215) 525 – 9721 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
Article Source Material:
http://www.uscourts.gov/Statistics/BankruptcyStatistics.aspx
Monday, December 14, 2009
Mortgage Scams in Philadelphia
The bankruptcy laws can help people in financial distress but there is no miracle cure in these hard times and if someone is trying to convince you otherwise, they are lying.
Philly.com published a story today that involved thirty-five (35) homeowners facing foreclosure who thought they had found an answer to their financial woes.
These innocent homeowners were told to allow a straw purchaser to buy their home and then obtain a new mortgage, stay in their home and make partial mortgage payments, and, in a year, get
their home back. These unfortunate homeowners lost their homes and ruined their credit. The only good side to this story is that the five people accused of operating the $14.5 million mortgage-
fraud scheme were charged in a 15-count indictment. These types of mortgage scams are on the rise and this particular scam devastated 35 homeowners and their families.
Financial distress is hard to deal with but there is a light at the end of the tunnel. Consult a bankruptcy attorney and see if Chapter 13 bankruptcy can help you save your home.
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 JFK Blvd., Two Penn Center, Suite 200
Philadelphia, PA 19102
(215) 854 – 6342 office
(215) 205 – 6367 cell
(215) 569 – 0216 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
Mortgage Scams in Philadelphia
The bankruptcy laws can help people in financial distress but there is no miracle cure in these hard times and if someone is trying to convince you otherwise, they are lying.
Philly.com published a story today that involved thirty-five (35) homeowners facing foreclosure who thought they had found an answer to their financial woes.
These innocent homeowners were told to allow a straw purchaser to buy their home and then obtain a new mortgage, stay in their home and make partial mortgage payments, and, in a year, get
their home back. These unfortunate homeowners lost their homes and ruined their credit. The only good side to this story is that the five people accused of operating the $14.5 million mortgage-
fraud scheme were charged in a 15-count indictment. These types of mortgage scams are on the rise and this particular scam devastated 35 homeowners and their families.
Financial distress is hard to deal with but there is a light at the end of the tunnel. Consult a bankruptcy attorney and see if Chapter 13 bankruptcy can help you save your home.
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 JFK Blvd., Two Penn Center, Suite 200
Philadelphia, PA 19102
(215) 854 – 6342 office
(215) 205 – 6367 cell
(215) 569 – 0216 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
Wednesday, November 11, 2009
Is Chapter 7 Bankruptcy a Solution to Foreclosure?
Chapter 7 bankruptcy is used to delay foreclosure rather than block it permanently. Chapter 13 bankruptcy is used by homeowners to save their homes.
But even if you think you'll need to give up your house, Chapter 7 bankruptcy can be a very valuable tool in the midst of a foreclosure because you can delay the inevitable foreclosure by two to four months and get all or most of your debts permanently discharged so that you have have a fresh start after foreclosure.
When you file bankruptcy, the federal bankruptcy court issues a court order called a stay. The stay bars all creditors, including mortgage lenders, from taking any measures to collect a debt unless the court holds a hearing and grants permission.
Does it make sense to forgo the inevitable - the foreclosure? The answer really depends on your situation and cannot be simply be answered Yes/No. I don't recommend filing Chapter 7 bankruptcy simply to delay foreclosure but other attorneys may disagree with that opinion and take your money. Now, if you have a ton of unsecured debt (medical bills, credit card bills, lawsuits) I would suggest that Chapter 7 bankruptcy is an option in order to obtain a fresh start with our without a foreclosure pending.
The answer to filing bankruptcy can be found in a legal test created by Judge Learned Hand. He developed a test call the cost benefits analysis. You simply look at the cost of filing bankruptcy (downside) versus the benefits of filing bankruptcy (upside) and you arrive at a logical conclusion that filing bankruptcy is either more costly or more beneficial. Judge Learned Hand created this test as a logical tool to arrive at a logical answer. Try it sometime and you will discover the right solution in your situation.
Let me know if I can help you arrive at a solution!
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 JFK Boulevard, Two Penn Center,
Suite 200
Philadelphia, PA 19102
(215) 854 - 6342 office
(215) 205 - 6367 cell
(215) 569 - 0216 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
But even if you think you'll need to give up your house, Chapter 7 bankruptcy can be a very valuable tool in the midst of a foreclosure because you can delay the inevitable foreclosure by two to four months and get all or most of your debts permanently discharged so that you have have a fresh start after foreclosure.
When you file bankruptcy, the federal bankruptcy court issues a court order called a stay. The stay bars all creditors, including mortgage lenders, from taking any measures to collect a debt unless the court holds a hearing and grants permission.
Does it make sense to forgo the inevitable - the foreclosure? The answer really depends on your situation and cannot be simply be answered Yes/No. I don't recommend filing Chapter 7 bankruptcy simply to delay foreclosure but other attorneys may disagree with that opinion and take your money. Now, if you have a ton of unsecured debt (medical bills, credit card bills, lawsuits) I would suggest that Chapter 7 bankruptcy is an option in order to obtain a fresh start with our without a foreclosure pending.
The answer to filing bankruptcy can be found in a legal test created by Judge Learned Hand. He developed a test call the cost benefits analysis. You simply look at the cost of filing bankruptcy (downside) versus the benefits of filing bankruptcy (upside) and you arrive at a logical conclusion that filing bankruptcy is either more costly or more beneficial. Judge Learned Hand created this test as a logical tool to arrive at a logical answer. Try it sometime and you will discover the right solution in your situation.
Let me know if I can help you arrive at a solution!
Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
1500 JFK Boulevard, Two Penn Center,
Suite 200
Philadelphia, PA 19102
(215) 854 - 6342 office
(215) 205 - 6367 cell
(215) 569 - 0216 fax
dunnelawoffices@gmail.com
www.dunnelawoffices.com
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