Legal Tips for Medical Debt Settlement
Healthcare costs are soaring, and many Americans do not have adequate health insurance coverage. As a result, medical debt is on the rise. A recent study showed that 41% of all working-age Americans — 72 million people — have medical debt problems or are currently paying off medical debt. Additionally, seven million elderly adults also […]
Legal Strategies for Avoiding a Mortgage Foreclosure
At the end of December, more than 787,000 Americans had filed for unemployment. Many Americans have been laid off or had their work hours reduced due to the coronavirus pandemic. If you are struggling to pay your mortgage, you are not alone. Many Americans are trying to find a way to continue paying their mortgages […]
The Differences Between Chapter 7 and Chapter 11 Bankruptcy
Financial experts predict that there could be a sharp increase in bankruptcy filings happening in the next few months. Government shutdowns related to the coronavirus pandemic have caused significant financial challenges for many Americans who have lost their jobs or experienced a decrease in pay. The federal government and state governments have adopted programs to […]
Michael Cibik talks with the Philadelphia Inquirer about bankruptcy as a strategy for Philly restaurants
Below is a recent Philadelphia Inquirer article, featuring Michael Cibik’s thoughts on filing for bankruptcy as a possible best strategy for local Philadelphia restaurant owners.