If you are currently involved in litigation or you believe a lawsuit will be filed against you soon, you may be curious how a bankruptcy filing can help. There are many issues related to filing a Chapter 7 or Chapter 13 in relation to the timing of a lawsuit, so it is...
Month: September 2013
Do You Make Too Much Money To Qualify for Chapter 7?
Many people are not sure if they make too much money to file for bankruptcy protection. It can be stressful to make a decent salary but to still be overwhelmed with debt. A Chapter 7 bankruptcy allows a debtor to discharge or eliminate unsecured debt such as credit...
Chapter 7 Required Filings
When a debtor files for Chapter 7 bankruptcy, the New Jersey bankruptcy courts require certain specific documents to be filed with the court. The skilled lawyers at Levitt & Slafkes can help you complete the required paperwork and ensure that your filing is...
Garnishments & Bankruptcy in New Jersey
Garnishment is a tool used by creditors to collect money from you after they have obtained a judgment against you. Bankruptcy is a tool consumers can use to discharge or eliminate their debt. Many debtors file for bankruptcy protection as a means for stopping the...
Active Military Members & Foreclosure Actions
We have all heard the stories of banks improperly foreclosing on homeowners and the "robo-signing" scandals. As a result, banks have been forced to re-examine foreclosures to verify that homeowners did not lose their homes as a result of falsified paperwork or other...
Bankruptcy & How it Impacts Your Credit Card Debt
Back to school shopping may have left you facing a pile of credit card bills. If you are struggling financially and you have a significant amount of credit card debt, it may be time to consider filing for bankruptcy protection. How does bankruptcy impact your credit...
What Are the Pros and Cons of Declaring Bankruptcy?
If you are considering filing a Chapter 7 or Chapter 13 bankruptcy, it is important to understand the advantages and disadvantages. Every case is unique, so it is important to discuss your individual circumstances with a skilled bankruptcy lawyer. Below is a summary...
Do You Really Need a Lawyer to Handle Your Loan Modification?
Some consumers believe they can handle their mortgage loan modification without the assistance of an attorney. While it is possible, it is extremely difficult. Dealing with mortgage-holders is not easy. Having a lawyer on your side can significantly increase your...
Bankruptcy & Firearms in New Jersey
When you file a bankruptcy case, you are required to disclose all of your assets. Guns are considered an asset. A firearm may be a tool of your trade, an investment, used for personal protection or as a hobby. Thus, when you schedule your guns in your bankruptcy...
Effective Defenses to a Foreclosure Lawsuit
When you work with Levitt & Slafkes to defend you in a foreclosure lawsuit, you can be confident that we use every resource available to protect your home. Below are 7 ways to effectively fight a foreclosure action: Failure to have proper documentation. It is...