Quick Answer: When you need a loan for your real estate company or any other small business, you could be at risk of losing your assets if you sign a Confession of Judgment. Unless you are familiar with the language that indicates the inclusion of this type of clause, you may unknowingly sign a document…
Quick Answer: Being in debt proves stressful enough on its own but owing a debt in the middle of a pandemic can throw debtors into a downward spiral with no end in sight. While many Americans enjoyed a reprieve from debt collection practices during the height of the coronavirus pandemic, several of those programs remain…
Quick Answer: Forbearance programs give a break to people who owe money during difficult financial times. Such a program may allow borrowers to pay less per installment or to suspend making payments altogether for a time. The coronavirus pandemic has been an extremely turbulent period in which many households have lost work and grappled with…
Quick Answer: Pennsylvania Courts Are Not Prepared For The Wave Of Bankruptcies That Will Result From The Coronavirus It is no secret that the coronavirus outbreak has crippled Pennsylvania’s economy. Unemployment in the state is sky-high and businesses that were doing well before the outbreak have suddenly found themselves in the red. One of the…
Quick Answer: Establishing Negligence In A Pennsylvania Personal Injury Case Can Be Complicated For Pennsylvanians looking to file a personal injury claim against a business, the first question is often, “How do I establish negligence against the at-fault party?” The answer is that an experienced attorney at Siddons Law can help you establish negligence and…
Quick Answer: If you’ve been injured, chances are that you are filing a personal injury claim in Pennsylvania for the first time. If that’s the case, it can be a confusing process (for many Pennsylvanians, this process is still confusing, even if they are filing a personal injury claim for a second or third time).…
By now many of you have received notices regarding an increase in your property values in Delaware County based on a reassessment done by a company called Tyler Technologies. As a resident of Delaware county I received the same thing.
This property value is directly linked to how much you will pay in county, municipal and school taxes in the year 2021 and beyond. But this assessment was done PRIOR to the COVID-19 Pandemic, which means that your property value could be inflated. This would mean you pay more in taxes than you should.
With the coronavirus pandemic taking place at the moment, a lot of people feel lost on what they should be doing currently. This is because they don’t know when they will be back to work, they don’t know when things will open back up, where they will be getting their next money from, and so much more. With all of these worries being real problems Americans are dealing with daily, a lot of people may need to consider bankruptcy as their only option.
Quick Answer: The American economy has taken a striking blow due to the COVID-19 pandemic. The shutdown of business across numerous industries has been felt across the spectrum. Unemployment rates are reaching astronomical highs with over 30 million Americans having to register for unemployment compensation within the past few weeks alone. With financial devastation at…
Quick Answer: The Small Business Reorganization Act of 2019 (the “SBRA”), enacts a new Subchapter V (Sub V) of Chapter 11 of the Bankruptcy Code. The SBRA seeks to address problems encountered by small business debtors in reorganizing under the provisions of the United States Bankruptcy Code. The existence of two sets of provisions in…
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