Bankruptcy, Is It The Right Choice? Do You Understand It? Download

29:23 Download July 15th, 2022

Carolyn Johnson, Esq., Legal Aid of Southeastern PA, Delaware County Division, discussed bankruptcy, a legal filing we’re hearing more and more about.  We discussed debt, overextended credit cards, mortgage issues, and for many Americans – medical bills, that can sink a household.  Ms Johnson walks us through the types of bankruptcy, who can file and the ramifications on your property and your future credit. For many it can provide a ‘fresh start’ and an opportunity to begin over, but it does not generally erase Student Loan debt, Federal Tax debts, Secured debt or alleviate court ordered payments such as spousal or child support.  Ms Johnson begins with negotiations to reduce the debt or create a payment plan, she verifies all debt and assets and works to save assets or protect homes and vehicles whenever possible.

For more information, or for resources in your community go to lasp.org.

Podcasts you may like

Mid-Days With Bob Cooney

Get it on demand!

Play Latest (July 18th)

5224 episodes

The John Kincade Sho‪w‬

It’s quick. It’s energetic. Get it on demand!

Play Latest (July 18th)

2080 episodes

The Best Show Ever?

Play Latest (July 18th)

7055 episodes

Evenings on The Fanatic

Play Latest (July 18th)

2550 episodes

Fanatic Highlights

Play Latest (July 18th)

5889 episodes