Author Archives: Jay Butchko
Can I Discharge Medical Debt in Bankruptcy?
According to research, hundreds of millions of Americans face financial difficulties due to medical costs yearly. Many Americans usually decide to cash in their retirement savings to pay their medical debts. Unfortunately for many, even those savings are never enough to get them out of debt. When medical debts become overwhelming, many Americans choose… Read More »
FCEUA: Pennsylvania Law Against Harassment by Creditors or Debt Collectors
In Pennsylvania, debt collection activities are governed by the Fair Credit Extension Uniformity Act (FCEUA). The Fair Credit Extension Uniformity Act establishes what is considered deceptive and unfair debt collection practices. The Fair Credit Extension Uniformity Act is the state law governing debt collection practices in Pennsylvania. The Fair Debt Collection Practices Act, on… Read More »
COVID-19 Unemployment Compensation Overpayments: Are Unemployment Compensation Overpayments Dischargeable in Bankruptcy in Pennsylvania?
In the wake of COVID-19, many people across America and the entire world have lost their jobs. Because states understand the impact of unemployment on families, for months now, eligible individuals across America have been receiving unemployment benefits designed to help them pay their bills as they search for jobs. However, that same help… Read More »
When Is the Best Time To File For Personal Bankruptcy?
Everyone faces debts at some point in their life. In some circumstances, a tight budget and strong focus can help you move toward financial independence. However, there are circumstances under which a person may not be able to dig out from their current financial situation. Medical bills from an unexpected injury or a layoff… Read More »
Understanding the Bankruptcy Process
Bankruptcy can seem overwhelming, especially if you are new to the bankruptcy process. However, if you are considering filing for bankruptcy, just know that this may provide you the financial fresh start that you need. While bankruptcy is not the best option for everyone facing financial struggles, statistics show that those persons that actually… Read More »
Social Security Benefits and Bankruptcy
Social Security provides financial benefits for many in the United States, however, in some cases, Social Security does not cover enough, and recipients may wonder if they need to file for bankruptcy in order to relieve financial burdens and stress. If you are currently relying on social security benefits, you may have the legal… Read More »
Avoid Scammers While Going Through Bankruptcy
Many people are unaware of all of the intricacies and legal issues that accompany the bankruptcy process. Filing for bankruptcy is a federal legal issue, and there are several differences between both Chapter 7 and Chapter 13 bankruptcies. However, one of the commonalities between the two is that unscrupulous people will attempt to take… Read More »
How Many Times Can You File for Bankruptcy?
Bankruptcy is a legal right afforded to allow debtors a financial fresh start. In some cases, circumstances occur that are beyond the control of a person, such as medical debts or the loss of a job for an extended period of time. When people find themselves struggling financially for a long period of time,… Read More »
Bankruptcy and COVID-19
The coronavirus has caused a global pandemic the likes of which the modern world has not seen. Businesses have shuttered their doors, and while certain states or counties stay open, others have closed. Some are reopening in phases, and only time will tell if they will need to shutter their doors again. The only… Read More »
Bankruptcy 101
If you are considering bankruptcy, you may be unsure of the types of bankruptcy, what types of debts bankruptcy discharges, or how long the process will take. This Bankruptcy 101 guide will help you understand the differences between Chapter 7 and Chapter 13 bankruptcy, additional bankruptcy basics, what debts are dischargeable in a bankruptcy,… Read More »