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Mark Medvesky
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A trusted source of legal representation for individuals, families, and businesses across Southeastern Pennsylvania.
A trusted source of legal representation for individuals, families, and businesses across Southeastern Pennsylvania.

153 followers
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$350 million in loan forgiveness up for grabs - Article from Yahoo Finance
Everyone knows student loans present a huge challenge. It is compounded when a person suffers extended unemployment or under employment, major medical issues, and/or a family break up. These are the issues that can send a person into bankruptcy. Unfortunate...
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Can Bankruptcy be good for your health?
I saw this report while watching the news this morning. I thought it was worth sharing.  Image courtesy of Ambro at FreeDigitalPhotos.net A Fox 29 report - "Financial
expert on how credit card debt could be hurting your health" The reports states the averag...
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Firm partner, Kurt Holloway, has published a new estate planning articles titled, Estate Planning for Blended Families. You can find it on the firm's website. The article will also be featured in the Tri County Active Adult Center newsletter to be published in late February.
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When a couple has stepchildren, the planning for this blended family requires more thought. The plan needs to be documented. Creating wills is critical. Just as important is establishing beneficiary designations for assets not covered by the wills.
Firm partner, Kurt Holloway, has published a new estate planning articles titled, Estate Planning for Blended Families. You can find it on the firm's website. The article will also be featured in the Tri County Active Adult Center newsletter to be published in late February.
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Finally, a review of the debtors' budget to determine if the debtors' actual disposable is sufficient to meet the minimum required payment.
Bankruptcy Chapter 13 - How much will my monthly payment be? (Final - Part 4)
This is the fourth and final part of this blog series. In Part 1 , I explained the first step in determining the amount of the monthly chapter 13 payment is to determine what a debtor must pay. In Part 2 , I explained the second step is to determine what de...
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Why attorneys say student loans are not dischargeable...
Bankruptcy Discharge of student loans - Brunner Test
In Pennsylvania, the US Court of Appeals, 3rd Cir. has adopted the "Brunner" Test announced BRUNNER v. NEW YORK STATE HIGHER EDUCATION SERVICES CORP., 831 F.2d 395 (2d Cir. 1987).  The opinion set up a three prong test. All three prongs must be met to estab...
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The next step is to complete the Disposable Income analysis, which is referred to as the "Means" Test.
Bankruptcy Chapter 13 - How much will my monthly payment be? (Part 3)
This is the third part of a blog series. In Part 1 , I explained the first step in determining the amount of the monthly chapter 13 payment. In Part 2 , I explained the second step is to determine what debts must be paid in full through the plan. The next s...
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Bankruptcy Chapter 13 - How much will my monthly payment be? (Part 2)
This the second part of a blog series. In Part 1 , I explained the first step in determining the amount of the monthly chapter 13 payment. In order to qualify for Chapter 13 protection, creditors must receive at least as much in a Chapter 13 payment plan as...
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Reward Points ... financial benefit or burden? some personal thoughts and opinions from a bankruptcy attorney
A small law practice is like any other small business. It has good months and bad. If you string several bad months together it can cause the demise of the office just like any other small business. So, when I opened my office in 2013, and before I joined m...
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Should I assume my car lease in my bankruptcy?
Keeping a car lease during in a bankruptcy case is an important consideration. Debtors can reject without any penalty or further obligation or assume contracts. A lease is a contract and debtors need to decide how they want to deal with leases.  Image court...
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