Sometimes, people in Pennsylvania realize that they are in over their heads financially and start to look for a way out of their situations. However, nothing seems to be a viable option for them -- that is, nothing except for personal bankruptcy. But what happens if...
Month: November 2018
What can a Pennsylvania prenup cover?
A premarital agreement - a prenup - is a legally binding way for new partners to define their legal claims in case of a divorce. A prenup may seem cold in the rosy glow of nascent love, but in the harsh light of the courtroom there is only what is written in the law...
Property division may be more complicated in gray divorce
No matter how old or young a married individual may be, getting divorced can be financially complicated. However, dealing with divorce issues such as property division in Pennsylvania can be particularly complex for those over the age of 49. Here is a glimpse at...
Personal bankruptcy is viable option for those with debt issues
Sometimes, people's personal debts in Pennsylvania end up outweighing their assets. In these situations, it is natural for people to feel hopeless and helpless. However, personal bankruptcy may be a viable option for them, and for those who worry that bankruptcy...
Divorce mediation: Trial may be unavoidable in certain cases
Moving forward with the dissolution of a marriage in Pennsylvania can understandably leave a person struggling with a wide range of emotions. One the one hand, he or she may be happy to break free from an unfulfilling marriage. At the same time, this individual might...
City councilor files for personal bankruptcy
A city councilor in another state recently decided that his financial situation was beyond what he could handle on his own. He therefore decided to file for personal bankruptcy. Individuals in Pennsylvania who are struggling to make ends meet can likewise take full...