Many times when people come to meet me, they have their heart set on filing a chapter 7 bankruptcy and not a chapter 13 bankruptcy. Clients tend to favor filing a chapter 7 over a chapter 13 because in a chapter 7 most of their debt is eliminated through a liquidation process. Whereas in a …
Whenever I meet a new bankruptcy client they are usually distraught over the fact that they are sitting in front of me about to file bankruptcy. Most of the time, clients that I meet are ashamed and embarrassed that they are in this situation. They usually begin the conversation by trying to justify why they …
New Jersey Bankruptcy: The Top 5 Common Reasons People File Bankruptcy In New Jersey: Read More »
If you are reading this you’re probably anxious, nervous, and overwhelmed. Most likely you have not paid your mortgage in a few years and you have been receiving court notices from your mortgage company suing you for the unpaid amount. Within the last month or so you probably received a notice from the Richmond County Sheriff’s office informing you that your home will be sold at a foreclosure sale
Over recent years the level of drug and alcohol addiction in New Jersey has risen tremendously. Many of these people are facing serious financial difficulties, and are looking for help or guidance to get back on their feet by starting “fresh.” In New Jersey, it seems like addiction is the new normal. There is probably …
Finding a New Jersey Bankruptcy Attorney for Recovering Drug and Alcohol Addiction Read More »
Many potential bankruptcy clients don’t understand how they can afford to pay a New York bankruptcy attorney and pay the costs associated with filing a bankruptcy. Often times people ask, “Id I can’t afford to pay my bills, then how do you expect me to pay your bankruptcy fees?” Below Iis a discussion about Bankruptcy costs …
Often times debtors in New York and New Jersey wonder how filing Bankruptcy can help them if their house is in foreclosure and there is a sale date nearing. There are many advantages to filing bankruptcy. There are different options available to debtors who are facing a foreclosure in Bankruptcy. An experienced New York and New Jersey bankruptcy lawyer can go over the different options that may be available to you.
Bankruptcy: One of the most common questions during a consultation is whether or not they have to include all of their debt in their bankruptcy. Many times potential bankruptcy clients don’t want to include all of their debt because they want to keep certain credit cards. However, there are many reasons clients should list all …
Do I have to give up all of my Credit Cards if I file for Bankruptcy? Read More »
One of the most common questions is, “Will my spouse be affected if I file Bankruptcy?” In both New York and New Jersey the simple answer to this question is “No”. However, it is important to understand that a spouse may still be liable for the debt if they co-signed for the debt. Many times …
What Will Happen to my Spouse If I file Bankruptcy? Read More »
There are many questions that consumers face when deciding whether or not to file for Bankruptcy. Most consumers are distraught because they mistakenly believe all the bad things they have heard about filing for Bankruptcy. It is important that consumers take time to educate themselves on the advantages of filing Bankruptcy. Aside from the fact that Bankruptcy can wipe out debt, there are many other advantages.
Outlined below are some of the advantages of Bankruptcy that should be considered in the decision-making process.
Bankruptcy is a process that offers individuals, such as consumers and businesses who are facing financial hardship a way out. The federal courts have implemented different Bankruptcy laws in each state so that individuals and businesses can get help and manage repayments under the Court. There are different chapters of Bankruptcy. The most common form …
A Further Look At The Bankruptcy Process in New York and New Jersey Read More »