If you live in New York or New Jersey and are riddled with debt, you are not alone. According to Experian’s 2018 annual study, on credit and debt in America, the average American has a credit card balance of $6,375.00, which has gone up three percent since the previous year. Many New York and New …
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 »
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.