Willis & Associates

How a Pittsburgh Bankruptcy Attorney Can Help You Save Your Home, Car, and Financial Future If you’re facing overwhelming debt in Pittsburgh, you’... more

Credit Scores Are Dropping Fast — What It Means for You Credit scores are falling at the fastest pace since the Great Recession, according to ... more

42% of Americans Are Worried About Credit Card Debt – Why Bankruptcy Relief in Pittsburgh May Be the Answer Recent studies show that 42% of Americ... more

📸 Image Caption: “Rising debt and inflation are driving more Pennsylvania families to seek relief through bankruptcy.” Economic Pressures Driving... more

Rising Credit Lines Pose Risk as U.S. Credit Card Debt Hits $1.14 Trillion The report showed that overall household debt increased by $93 billion t... more

Average credit card debt How much credit card debt does the average American have? The average balance is $6,380 as of the third quarter of 2024, a... more

Financial struggles can feel overwhelming, but there are solutions available. Take the first step towards a brighter future by exploring your bankruptcy options today at westernpabankruptcy.com.

Signs are multiplying that Americans are struggling to keep up with their bills — and Wall Street is getting worried. A recent survey by the Feder... more

Financial freedom can feel like a distant dream. What would life look like without the burden of debt? Share your thoughts below!

https://westernpabankruptcy.com/home/f/americans-are-falling-behind-on-credit-card-bills-auto-loans

A new sign emerged this week showing the number of borrowers maxing out personal credit cards remains high, with delinquency rates on the rise, and... more

How interest rates and inflation impact credit card debt On an individual level, Americans carried credit card balances averaging $7,932 as of the ... more

Find relief and guidance from financial struggles. Explore how we can help you navigate through bankruptcy. Visit our website for more information: westernpabankruptcy.com https://westernpabankruptcy.com/home/f/people-struggle-record-high-credit-... more

Spring, a season of renewal and fresh starts. Embrace the opportunity to wipe the slate clean and move towards financial freedom. Let us guide you through the process and help you bloom again. #FreshStarts #FinancialFreedom #SpringRenewal https:/... more

Did you know that Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States? Consider consulting a bankruptcy lawyer to understand your options. #BankruptcyLaw #Chapter7Bankruptcy https://westernpabankruptcy.com/bankru... more

The number of Americans struggling under the weight of owing money has significantly increased in the past two years, with an estimated 56 million ... more

Surging mortgage rates hit 23-year high The milestone arrives after months of increases.The 30-year fixed mortgage rate this week climbed to 8%, re... more

Credit cardholders collectively carry more than $1 trillion in credit card debt across approximately 578 million credit card accounts, according to... more

Macy’s is warning of a spike in customers who are failing to make credit card payments, adding to the evidence of mounting financial stress on cons... more

Trapped in debt Americans' credit card debt surpasses $1 trillion An increasing number of cardholders are carrying more credit card debt than befor... more

Paycheck to Paycheck Living on The Rise In recent years, the number of families living paycheck to paycheck has risen sharply. For many Americans... more

Loan Delinquencies Are Also on the Rise in 2023 With a record 16% of American consumers paying at least $1,000 a month for their cars, it's no s... more

Commercial Chapter 11 Filings Increased 105% in May – Commercial Chapter 11 filings increased 105 percent in May 2023 to 680 versus the 332 filings... more

Auto repossessions are expected to climb in 2023 now that consumers no longer have the benefit of more leniency from lenders and stimulus programs,... more

April 3, 2023 – New bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third mont... more

As the Federal Reserve raises interest rates again, credit card debt is already at a record high, and more people are carrying debt month to month.... more

Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates, according to data released ... more

Reducing Your Car Payment through Chapter 13 Bankruptcy Are you behind on your car payment? Is your car payment larger than your budget allows? Do... more

Eighty-seven percent of Americans said that inflation and the rising costs of everyday goods is what’s driving their stress https://westernpabankr... more

Americans lean more on credit cards as expenses stay high: 46% of cardholders now carry debt from month to month


https://westernpabankruptcy.com/bankruptcy-blog/f/why-it%E2%80%99s-a-%E2%80%98really-tough-time-to-have-credit-card-debt

Americans racked up 38 billion dollars in credit card debt from a year ago.

https://westernpabankruptcy.com/bankruptcy-blog/f/credit-card-balances-climbed-more-than-15%25-from-a-year-ago

The average amount of credit card debt carried by those surveyed was just over $7,100,

https://westernpabankruptcy.com/bankruptcy-blog/f/credit-card-aprs-are-set-to-blow-past-all-time-highs

Bankruptcy Filings Increase Across All Chapters in August 2022 — Bankruptcy filings in August 2022 across all chapters totaled 35,355, a 10 percent... more

Your credit card debt is about to get much more expensive. Rising APRs means revolving balances will be more expensive to pay off. The average cre... more

Celsius becomes third major crypto firm in two weeks to file for bankruptcy Crypto lender Celsius Network has initiated bankruptcy proceedings, the... more

On a monthly basis, the broadest measure of inflation rose at a pace of 1.3%, inching up from 1% in May and climbing at a faster tempo than the 1.1... more

If you carry credit card debt, chances are that your monthly payments will rise sharply this year. The Federal Reserve on Wednesday raised its key... more

Consumers Pile on Credit Card Debt While Savings Slip The numbers could mean that retail, which had been recovering, is about to see a slide of con... more

Facing Higher Grocery Prices, Shoppers Change Habits About 71% of Americans said they feel their paycheck is not able to keep up with infla... more

Three months after the end of a federal foreclosure moratorium intended to keep people in their homes during the pandemic, foreclosure activity con... more

Three months after the end of a federal foreclosure moratorium, foreclosure filings in New Jersey, Pennsylvania, and nationwide have been ticking up month to month. https://westernpabankruptcy.com/bankruptcy-blog/f/foreclosure-starts-tick-up-in-p... more

When companies or lenders charge off a debt, they’re able to write it off for tax purposes. However, you still owe the money and nothing about the ... more

Winter is coming and, along with it, a pre-foreclosure wave. So says investor and residential real estate expert Cameron Dunlap of Real Estate Weal... more

Anyone with federal student loans knows payments were suspended and interest rates were set at 0% for a good part of 2020 and all of 2021. https://westernpabankruptcy.com/bankruptcy-blog/f/student-loan-borrowers-beware-government-collection-activ... more

All good things must come to an end, and for federal student loan holders, that end will be on Jan. 31, 2022. So, you’ve got a few months left to t... more

Millions of in the United States who have fallen behind on payments could face foreclosure in the coming months after the Supreme Court moved to en... more

US consumers are now learning they can finally be rid of credit card debt and free from financial worry. Over the last few years, average consumer... more

Has the pandemic piled so much debt on you that you're wondering whether you ought to file for bankruptcy? If so, that's not surprising. In the wak... more

Even as the nation rebounds from the coronavirus pandemic, more than 2 million homeowners are behind on their mortgages and risk being forced out o... more

Bankruptcy filings fell in 2021, but post-COVID ‘shadow debt’ may spell trouble Last Updated: June 19, 2021 at 10:20 a.m. ET First Published: June ... more

Can a Debt Collector Get Into My Bank Account? Can debt collectors take money from your bank account to offset debts you owe them? Unfortunately, t... more

The nation’s consumer watchdog agency says more borrowers are behind on their mortgages than at any time since the Great Recession. And the situati... more

Medical debt among Credit Karma's members spiked by $2.8 billion, or about 6.5 percent, from the end of May to the end of March. The number of peop... more

Debt collectors could soon come after people's stimulus payments if they have outstanding bills. If a person has a court judgment against them for... more

Many Americans have started to see the latest round of stimulus checks flow into their bank account after President Joe Biden signed into law the $... more

Can Seniors File for Bankruptcy? The short answer is yes. Here is no legal age limit to filing for bankruptcy. A long as you are a legal adult, you... more

According to the filing obtained by The Athletic, Kane is nearly $27 million in debt and faces six active lawsuits, court actions and administrativ... more

The number of chapter 11 business bankruptcies rose 29% last year even as plunging consumer bankruptcies kept overall U.S. filings at their lowest ... more

President Donald Trump signed a $900 billion Covid relief package into law Sunday. But the extra unemployment benefits it contains may take weeks t... more

Allowing the debt to be discharged could tighten lending standards, put a lid on tuition increases and end shady for-profit universities. Passing ... more

For 42 million student loan borrowers, monthly payments will resume in January Student loan borrowers crushed by five- and six-figure balances coul... more

For 42 million student loan borrowers, monthly payments will resume in January

https://westernpabankruptcy.com/bankruptcy-blog/f/crushed-by-student-loan-debt-you-may-get-a-bankruptcy-option

Malls facing bankruptcy, foreclosure during COVID-19

https://westernpabankruptcy.com/bankruptcy-blog/f/malls-facing-bankruptcy-foreclosure-during-covid-19

Malls facing bankruptcy, foreclosure during COVID-19For years, box retail stores and malls have struggled to bring customers in, instead of shoppin... more

Personal bankruptcies expected to rise in 2021 as stimulus ends Bankruptcy filings have been kept in check this year by government stimulus and evi... more

Monroeville and Westmoreland malls, file for bankruptcyTwo mall operators filed for bankruptcy protection Monday, hurt by the coronavirus pandemic ... more

The company that owns two southwestern Pennsylvania shopping malls is preparing to declare Chapter 11 bankruptcy. The owner of two southwestern Pe... more

Crack’d Egg in Brentwood files for bankruptcy


https://westernpabankruptcy.com/bankruptcy-blog/f/crack%E2%80%99d-egg-in-brentwood-files-for-bankruptcy

PITTBURGH — The owner of what’s been Pittsburgh’s biggest homegrown coffee shop chain has filed for Chapter 11 bankruptcy, with its founder and pre... more

The owner of what's been Pittsburgh's biggest homegrown coffee shop chain has filed for Chapter 11 bankruptcy,

https://westernpabankruptcy.com/bankruptcy-blog/f/crazy-mocha-kiva-han-owner-files-for-chapter-11-bankruptcy

Exhibition shares took a beating Tuesday as AMC Entertainment announced its cash might be gone by year end and Walt Disney became the latest big co... more

AMC Entertainment May File For Bankruptcy For Real As Reopening Stalls

https://westernpabankruptcy.com/bankruptcy-blog/f/amc-entertainment-may-file-for-bankruptcy-for-real

Hobbled by the pandemic and facing the same long-term challenges as other casual dining chains, Ruby Tuesday filed for Chapter 11 bankruptcy protec... more

Ruby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and changing consumer habits https://westernpabankruptcy.com/bankruptcy-blog/f/ruby-tuesday-files-for-bankruptcy-185-... more

Bankruptcies have surged 40% during the coronavirus pandemic compared with the same time a year ago, according to Bloomberg. The crisis has hit a... more

The crisis has hit a number of industries across the United States, with retailers and restaurants among those hardest hit

https://westernpabankruptcy.com/bankruptcy-blog/f/bankruptcies-reportedly-surge-40%25-during-pandemic

)Sizzler USA, one of the country's first casual restaurant chains, has filed for bankruptcy. The 62-year-old company said it filed for Chapter 11 ... more

https://westernpabankruptcy.com/bankruptcy-blog/f/sizzler-one-of-americas-steakhouse-chains-files-bankruptcy

On every index, personal and business bankruptcies in the United States are declining significantly. But that doesn’t mean that everything is finan... more

https://westernpabankruptcy.com/bankruptcy-blog/f/kw-cafeterias-files-for-bankruptcy-hard-hit-by-covid-19

Appeals Court Weakens Bankruptcy Protections for Private Student Loans An appellate ruling could ease the way for borrowers of some types of student debt to get relief through bankruptcy court https://westernpabankruptcy.com/bankruptcy-blog/f/cou... more

KB US Holdings, which owns Balducci's and Kings Food Markets grocery chains, has filed for bankruptcy. While grocery stores are witnessing a boost ... more

Up to 300 Pizza Hut restaurants are slated to permanently close following the bankruptcy of one the chain's largest franchisees. NPC International... more

The Cheesecake Factory, Dave & Buster’s and the parent company of Outback Steakhouse may be in serious financial trouble, according to a new report... more

US bankruptcies are on track to hit a 10-year high as the coronavirus pandemic recession continues to slam businesses, according to a Monday report... more

Despite Record Levels of Federal Aid Coronavirus pandemic adds strain to agricultural economy already reeling from trade fights, commodity glut Mor... more

The department store, which traces its roots to 1826, was struggling before the coronavirus hit. Its owner, the clothing rental start-up Le Tote, a... more

Firearms maker Remington files for bankruptcy Remington Outdoor Company, one of America’s oldest gunmakers, has declared bankruptcy for the second... more

The Senate proposal will include another eviction moratorium, but it'll still take some time before that passes. What happens in between? The evi... more

Senior Republican lawmakers are studying a significant overhaul of emergency unemployment payments that could complicate the work of state agencies... more

The coronavirus pandemic is setting off a wave of corporate bankruptcies, with thousands of U.S. retailers, energy companies and other businesses s... more

The pendulum swings back toward fear As the pandemic persists, more and more companies have filed for bankruptcy protection, following in the foots... more

Bankrupt retailer JCPenney said Wednesday it will cut its workforce by about 1,000, axing largely corporate, field management, and international po... more

Covid-19 Is Bankrupting American Companies at a Relentless Pace Retailers, airlines, restaurants. But also sports leagues, a cannabis company and a... more

Brooks Brothers, the 200-year-old menswear retailer that has dressed 40 US presidents and unofficially became the outfitter of Wall Street bankers,... more

US companies tumble into bankruptcy at under coronavirus stress The coronavirus' economic fallout is fueling Chapter 11 bankruptcy filings at the f... more

The vitamin chain was hit hard by debt and COVID-19.Add GNC to the list of retailers too fragile to withstand the stress on their business from the COVID-19 pandemic. GNC’s parent company, GNC Holdings Inc., filed for Chapter 11 bankruptcy protec... more

Chuck E. Cheese's parent company, CEC Entertainment, said Thursday it is filing for Chapter 11 bankruptcy protection, citing the "financial strain" of mass restaurant closures due to the coronavirus pandemic. The company said it expects to continu... more

Without the coronavirus pandemic, 25-year-old Zechariah McCray says he probably wouldn’t have been struggling with money. But now, he’s struggling ... more

24 Hour Fitness files for bankruptcy, closes over 130 gyms amid coronavirus pandemic24 Hour Fitness announced Monday the company is filing for Chap... more

After months of keeping their doors shut amid the coronavirus pandemic, popular kid's restaurant Chuck E. Cheese may not ever reopen. The brand beh... more

As many as 25,000 stores could shutter this year as businesses continue to feel the impacts of the coronavirus pandemic, according to a new report ... more

Here’s what you need to know. Consumer Debt Total household debt increased $155 billion, or 1.1%, in the first quarter this year, according to a n... more

U.S. commercial bankruptcy filings under Chapter 11 of the U.S. Bankruptcy Code jumped in May by 48% from year earlier, marking an initial wave of ... more

Bankruptcy is something most people don’t really understand. When used correctly, bankruptcy can give a person who is hopelessly overburdened with... more

When is it the right time to file Bankruptcy? May 30, 2020|Bankruptcy When is it the right time to file bankruptcy? When is it the right time to fi... more

Upstate bankruptcy attorneys say it’s not a question of if, but when an onslaught of personal bankruptcy filings will come. “Americans already had ... more

Personal bankruptcy service sees increase in requests amid coronaAn increasing number of Americans are looking for help with Chapter 7 bankruptcy f... more

Bankruptcy Chapter 13 Bankruptcy Attorney. Willis & Associates. Pier 1 said it will go out of business and permanently close all 540 of its stores... more

JCPenney is reportedly eyeing bankruptcy and experts say other department stores and mall brands may soon follow as coronavirus decimates the retai... more

The Columbus-founded Italian chains also could be sold again. Orlando-based FoodFirst Global Restaurants, which acquired the brands in 2018, filed... more