You might be reading this because you are facing a mortgage foreclosure. Or, maybe you have a steady job with a steady income, but your minimum payments are just too much for you to handle. Losing your house or facing repossession can be a stressful and scary thought....
In Pennsylvania, Chester County ranks first in average household income and first in average home price. By looking at those stats alone, you would assume there were little to no foreclosures in that county. However, a quick look at the January 2015 sheriff sale list...
I Can’t Pay My Rent! The recent housing crisis hit Montgomery, Chester, and Berks counties hard. Many former homeowners in Pottstown, Birdsboro, Phoenixville, and other surrounding towns have become renters. Many of these rental units are not licensed. According to a...
Areas like Pottstown and Reading, Pa. have hit hard times economically, and it has a direct effect on the number of foreclosures listed in those areas. In 2011, Reading had the largest percentage of residents living in poverty in the United States. Things have not...
Let’s face it – a lot of people are facing economic difficulties today. Even though the employment rate has gone down significantly since 2009, the wage rate has not increased as rapidly as inflation. This squeeze in discretionary income has forced many people...
In the suburbs of a large city, such as Philadelphia, most people need a car. Most areas in Chester, Montgomery, and Berks County have subpar public transportation, and losing your means of transportation affects your ability to maintain employment or complete basic...
Almost everyone has heard about wealthy individuals and celebrities filing for bankruptcy, which is frequently a result of immense tax debt. These tax burdens are not limited to celebrities and multi-millionaires; these problems affect the upper-middle class more than...
How To Eliminate Your Mortgage Burden Using Deed In Lieu Of Chapter 7 Bankruptcy If you conduct a home search on Zillow, you can see all of the houses for sale in any specific area. A quick search of Birdsboro, Douglassville, Gilbertsville, and Boyertown shows a large...
The internet is littered with false information regarding discharging taxes through bankruptcy. It is very important that a qualified bankruptcy attorney properly advises you on the specifics of discharging your taxes. This is a complicated area of the law that...
The real estate bubble in the mid-2000s created a unique situation where many homes were worth less than the combined mortgage balances. Home equity loans were considered mortgages for the purpose of this article. This lack of equity in the home is known as being...
