Oil & Gas Links

Mar 24, 2013 by

State operated websites:

Check out the Pennsylvania Department of Environmental Protection’s Oil and Gas Homepage:

http://www.portal.state.pa.us/portal/server.pt/community/office_of_oil_and_gas_management/20291

 

West Virginia DEP’s Oil and Gas Home Page:

http://www.dep.wv.gov/oil-and-gas/Pages/default.aspx

 

Ohio’s Department of Natural Resources Webpage:

http://www.ohiodnr.com/mineral/default/tabid/10352/Default.aspx

Forums and privately operated sites (Please note that these are helpful sites with generally good information, but don’t necessarily believe everything and everyone you read on the internet!

This is a forum for landowners in Pennsylvania to discuss Oil and Gas lease issues:

http://pagaslease.com/

 

Another popular landowner forum with participants in different states:

http://gomarcellusshale.com/

 

This is a website with a lot of Marcellus Shale news and information:

http://www.marcellus-shale.us/

 

This is the link for “The Geology.com Marcellus Shale Article”, as we like to call it:

http://geology.com/articles/marcellus-shale.shtml

 

This website is a news site  dedicated to bringing the landowners of Western Pennsylvania quality news and information regarding the blossoming Marcellus & Utica Shale Industry located in the tri-state area.

http://paoilgasreport.com/

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Debt & Debt Relief Options...

Mar 24, 2013 by

The Law and the Nation’s Economic Crisis – Options for Relief, Including Bankruptcy:

Many Americans and Pennsylvanians are experiencing economic hardships due to the United States’ current economic crisis. For many hard-working Americans, a decrease in pay or hours available for work, loss of a job, insufficient health insurance combined with illness, having to financially support family members in a time of financial need, or simple overextension have led to unpaid bills and fear of lawsuits, repossession of cars and assets or home foreclosure.

In these hard times, many people are unsure of what to do, and do not know what will happen to their lives and property if action is not taken and changes are made. Thus, a consultation with an experienced lawyer who is knowledgeable in the areas of debt collection practices and bankruptcy laws can greatly help people to find their way out of these financial problems, and devise a plan to get their financial lives back on track.

Legal options for people to work their way out of financial problems include the following:

– Chapter 7 Bankruptcy: The primary relief under this chapter for people is the elimination of the most common unsecured debts (like credit cards and medical bills, and certain tax liabilities), and most consumer filers that are eligible for relief under this chapter can file under this chapter and keep their homes and cars. This chapter primarily helps people that can afford their mortgage/rent, car payments, utilities, but have no extra money left over to pay for credit cards or medical bills. People that succeed in getting a “discharge” (the techincal term for a court order that states that debts are no longer owed and cannot be collected) do not have to pay back any of their unsecured debts, and usually have the option to repay “secured debts” (like mortgages, car loans, etc.) if they wish to retain the property secured by the loan (like houses, cars, etc.). Once a bankruptcy attorney is retained, creditor harassment must stop, and most times the person filing only has to attend court one time. Married couples can file individually (meaning that one spouse files and the other does not) or jointly (meaning that both Husband and Wife file together). A typical chapter 7 case lasts 6-9 months from filing through discharge.

– Chapter 13 Bankruptcy: this chapter can help people that make more than the state’s median income level, but still cannot afford their minimum credit card payments. It also helps people that own valuable assets (like real estate), that don’t want to or can’t sell the property, but still need some more time to pay their past-due bills. This chapter can also help people “catch up” who fall behind on mortgage payments temporarily due to loss of income. Chapter 13 is a lot like debt consolidation through the Federal Court system, where consumers can be relieved of their debts by paying back a smaller percentage of the total amount of unsecured debts due, which is ideal for some people who can afford to pay something to creditors, but can’t pay the full amount due through minimum monthly payments. Like Chapter 7, once a bankruptcy attorney is retained, creditor harassment must stop, and most times the person filing only has to attend court one time. A typical chapter 13 case lasts 3-5 years.

– Non Bankruptcy Options: Some people can avoid bankruptcy by not paying minimum monthly credit card payments, instead saving that money. They can then negotiate settlements on debts by using that saved money, basically paying off the credit cards for pennies on the dollar through a lump-sum settlement. There are unfavorable consequences if this method is used however, like the potential for lawsuits and other collection activities by creditors and damage to your credit while the debt-settlement is being completed.

For some people, none of these options will work for them and they will simply have to change some of their spending habits or standard of living, or may have to sell some assets in order to meet their debt obligations.

Each person or families’ financial situation and problems are unique, and because of that, their solutions will also be unique. All of the options listed above have good and bad elements, and those elements must be carefully weighed by each person or family. Thus, in order to be fully advised on which course of action to take, a consultation with an experienced bankruptcy attorney is necessary to get complete and specific advice. Call my office if you’d like to have a consultation to get the specific advice that you need.

-Joseph Edward Morascyzk, Esquire

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Common Bankruptcy Myths

Mar 24, 2013 by

Myth: If I file, I will lose everything I own.

Reality: Most people can keep all of their assets through a bankruptcy filing, through State or Federal “exemption” laws. So if you you want to keep assets secured by debts, like cars or real estate, you will have to keep paying on those secured debts in order to retain the use and/or ownership of the property that is collateral for the secured debts, just the same as if you did not file for bankruptcy.

Myth: Bankruptcy will ruin my credit forever.

Reality: If you are maxed out already and can’t afford to pay your credit card bills, then you don’t need any more credit right now. You already have more than you can handle. For many people with low credit scores prior to filing for bankruptcy, their credit will actually improve faster after filing for bankruptcy as compared to the alternative of doing nothing and continuing to remain in default on their credit obligations. The fresh start that bankruptcy gives people can help them to re-establish their credit, as they will have a better debt to income ratio immediately after filing.

Myth: I can just forever hide from my creditors and nothing bad will happen.

Reality: If you do nothing, your credit will be perpetually terrible. Creditors will keep calling you and possibly your family members at home or at work, and it is normally just a matter of time before you get sued. Once you get sued and the creditor wins the lawsuit (either by proving that you owe them the money or by your not responding to the lawsuit), then they will have a judgment against you. With a judgment, among other things, the creditor can force a sale of your property or seize the money in your bank account. If you own real estate, the creditor will hang on to the judgment until it comes time to sell your property, and the judgment will have to be paid out of the money that you are entitled to receive from the sale of your real estate.

Myth: Bankruptcy is a sign of failure in life and I may never recover financially.

Reality: According to www.uscourts.gov, over 1.4 million consumer bankruptcies were filed in the U.S. in 2009. The bankruptcy laws of our nation exist so that people will be allowed a fresh start and will never become slaves to another person or entity due to debts that they cannot possibly pay. The bankruptcy code has changed over the years to regulate the powerful effect of bankruptcy relief so that only the people who are truly in need are eligible for bankruptcy relief, and so that people will learn from their mistakes and become more financially responsible in the future. The laws also discourage repeat filings in short periods of time.

As far as the relation to success and failure goes, some insight can be found in the answer to the following question: What do Abraham Lincoln, Burt Reynolds, Henry Ford, Walt Disney and H.J. Heinz all have in common? The answer is that they’ve all filed for bankruptcy relief, and they all rebounded and became financially successful following filing. If you don’t believe this, check out this link from CNN and you can read about their stories:http://www.cnn.com/2008/LIVING/personal/11/19/mf.successful.people.survived.bankruptcy/index.html

 

Please note, all of the information in this article is not legal advice and is only general information.

Please personally consult with an attorney in order to get specific legal advice.

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About Us

Jan 24, 2013 by

We are lawyers who primarily practice in Washington Pennsylvania, and we have a general practice, but focus on Oil and Gas Law, Estate, Wills and Trust Law, and Bankruptcy Law.

Our job is to help people with their legal problems, and listen to their problems with attention and compassion. We give people advice, communicate for people, represent them in court, and mediate disputes. We usually try to find solutions for legal disputes without going to court, and if that doesn’t work then we do our best to advocate our client’s position in court. Our goal is to use the legal system to help the people it should be working for, and to make sure that the system is not abused to hurt people.

We firmly believe that as lawyers representing individual people primarily, it is extremely important to provide quality customer service to our clients. In addition to knowing the laws and legal procedure, we strive to communicate with our clients effectively and keep them as informed and educated as possible about the legal process and their legal matters.

Our law firm is based in downtown Bridgeville, Pennsylvania, which is approximately 10 miles south of Pittsburgh. We also practice from Washington, PA, in Washington County, PA, and Cranberry Township, PA, in Butler County, which is north of Pittsburgh. With these bases of operation, we practice in Pennsylvania state courts in several counties in Western Pennsylvania, including Washington, Allegheny (Pittsburgh), Butler, Beaver, Westmoreland, and Greene County. We are also licensed to practice in Federal Court, which is located in downtown Pittsburgh. Attorney Morascyzk is licensed to practice in West Virginia as well as Pennsylvania. You can read more about our practice by accessing our “our services” page. Please explore the website and if you would like more information, please contact us using our Contact Form on the right.

Joseph E. Morascyzk, Esquire

Jacob S. Polochak, Esquire

Jonathan J. Teacoach, Esquire

Jeremy S. Stragand, Esquire

Benjamin S. Johns, Esquire

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