Pennsylvania Trails

Benefits of Chapter 13 Bankruptcy

Posted by on Apr 13, 2013 in Chapter 13 Bankruptcy | 0 comments

After taking time to consider your financial situation, you might come to the conclusion that filing for bankruptcy may be the only option to save you from the financial burdens you are currently suffering. While Chapter 7 bankruptcy is an extremely common form of bankruptcy, many people do not qualify to file for this particular type of bankruptcy. As such, they have to seek alternative options, such as Chapter 13 bankruptcy, which has many advantages.

Chapter 13 bankruptcy offers many benefits to those who choose to file for it. In order to determine if it is the best option for you, consider the following:

  • Do you want to hold on to your nonexempt properties? – Nonexempt properties are those that can be sold by the court and may be used to pay debts during the Chapter 7 bankruptcy process. Typically, however, they will not be sold during Chapter 13 bankruptcy.
  • Do you have some debts that are not dischargeable through Chapter 7? – Filing for Chapter 13 can help you pay for certain tax obligations or students loans that are otherwise non-dischargeable by other types of bankruptcy.
  • Are you in danger of foreclosure or repossession? – Through Chapter 13, you can catch up with your payments to prevent this from happening.
  • Does your personal loan have a co-debtor? – Chapter 13 protects the co-debtor and will not let the creditors go after them. Just make sure you pay the creditors regularly as according to your payment plan.
  • Are you unable to pay for other higher mortgages? – If you are only able to pay for your first mortgages, Chapter 13 may offer you lien stripping. This can enable you to only pay for the first mortgages, removing other mortgages.

Depending on your situation, the benefits that Chapter 13 bankruptcy offers may or may not be right for you. However, for many, this is a very advantageous bankruptcy option, allowing debtors to pay off large amounts of debt over a longer period of time.

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A GranuFlo Lawsuit: Compensation for Injury Victims

Posted by on Mar 28, 2013 in GranuFlo, Product Liability | 0 comments

Legal professionals who are versed in the area of medical malpractice know how hard it can be for patients who suffer from the severe complications caused by the drugs doctors prescribe to them. Aside from the physical pain and suffering they may have to endure, patients who suffer injury or illness because of harmful medications may have to cope with costly medical bills and significant psychological and emotional trauma.

One prescription pharmaceutical that has been found to have significant side effects for patients is GranuFlo, manufactured by Fresenius Medical Care. GranuFlo is a dry acid product that is used during dialysis to remove harmful substances from the bloodstream. For a variety of reasons, it was, until recently, one of the most popular products in its category for dialysis patients.

In spite of its relative popularity with physicians and medical facilities, GranuFlo has been linked to a number of serious side effects. Some of these, which have affected thousands of patients across the US, are low blood pressure, cardiac arrest, metabolic alkalosis, heart arrhythmias, stroke, and heart attack; in extreme cases, some patients have even suffered sudden death. In 2010, as many as 941 patients suffered from cardiac arrest due to GranuFlo, prompting the US Food and Drug Administration to issue a Class 1 recall on it, the highest level in the FDA’s recall system.

GranuFlo, a dialysate, is used to cleanse a patient’s blood from the dangerous substances creatinine and urea. This cleansing is done during kidney dialysis, a process performed on patients whose kidneys are no longer capable of removing extra fluid and wastes from their bodies. These extra fluids and wastes are usually removed from the body after the kidneys have converted them to urine.

If you or anyone in your family or circle of friends is suffering from the complications caused by GranuFlo, a Granuflo lawsuit may be the best option for pursuing the financial compensation necessary to deal with the consequences this medical product may have caused.

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