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

Her Story

Kathy Romano presents “Her Story,” a weekly tribute to women every Sunday morning at 7am on WMMR. She will introduce you to another woman making a major difference in the […]

Play Latest (July 12th)

118 episodes

Preston and Steve®

Weekday mornings on 93.3 WMMR Philadelphia with hilarious conversation, celebrity interviews & contests from people a little goofier than you.

Play Latest (July 24th)

2341 episodes

MMaRchives

Conversations with WMMR’s Pierre Robert, Jacky Bam Bam & Brent Porche.

Play Latest (May 21st)

1124 episodes

The Bizarre Files

Daily news of the weird and wild from The Preston & Steve Show on 93.3 WMMR, Philadelphia.

Play Latest (July 23rd)

1756 episodes

Preston & Steve’s Fun Size Podcast

A favorite segment from our show…celebrity interviews and free-wheeling conversation appropriately sized for your busy day.

Play Latest (March 27th)

313 episodes