Bankruptcy and other debt solutions can often help struggling seniors regain control of their lives. But, unfortunately, too many Philadelphia area seniors cannot enjoy all benefits that Pennsylvania offers to retirees because of a burdensome load of debt. In my Philadelphia law practice, I frequently see seniors struggling to make ends meet. Many are in danger of losing their homes and even their independence.

Many factors contribute to retirees’ financial difficulties. However, the most common problems are sudden loss of income, retirement income that is less than anticipated, the need to support adult children or grandchildren, and unexpected medical bills not covered by Medicare or supplemental insurance.

In addition, some retirees fall victim to theft, predatory lenders, and scams by out-and-out con artists. Often they keep the details of their financial problems from members of their families out of embarrassment or a wish not to trouble anyone.

Fortunately, there is no need to spend your retirement years struggling with debt that you will never be able to pay off. There are options for Pennsylvania seniors in difficult financial straights. Chapter 7 or Chapter 13 bankruptcy might be the answer, but it is not necessarily the only solution in all cases. Other options include debtor defense, debt settlement, and foreclosure defense.

Seniors can and should discuss all of their options with an experienced bankruptcy lawyer. (Many bankruptcy attorneys offer free consultations and discounts for seniors.) As overwhelming as your financial situation may feel, you can regain control over your financial future.

Philadelphia Bankruptcy Attorney 's Dan Mueller of Harborstone Law helps individuals and small businesses in the Greater Philadelphia area resolve debt problems and regain control of their finances. You can reach him at 215-248-0989.