Filing for bankruptcy can be a fresh start if you are overwhelmed by bills you cannot pay. Not knowing what to expect during the bankruptcy process can make the idea of filing very frightening which it does not need to be. With the help of the experienced and...
Let Our 30 Years Of Experience Work For You
Levitt & Slafkes, P.C.
All About Exemptions: An Exploration of Which Assets I Can Keep If I File a NJ Chapter 7 Bankruptcy
Most People Keep All of their Property After a Chapter 7 Bankruptcy A person who files bankruptcy, known as a debtor, is allowed to keep a certain amount of property in order to get a fresh start after bankruptcy. The property a debtor is allowed to keep is called...
10 Things You didn’t know about the NJ Foreclosure Process
The foreclosure process in NJ can be very confusing and scary. In the more than 30 years that we have helped people save their homes, as foreclosure attorneys in NJ, we have been asked many questions about the NJ foreclosure process. This blog will address 10 of the...
If My Home is Sold at a Sheriff Sale in New Jersey Can I Get it Back?
The right of redemption allows you to get back your home after a sheriff sale. NJ Sheriff’s Sales Have Resumed NJ Sheriff Sales on residential property were on hold since the beginning of the COVID-19 pandemic. As of September, 2021 Sheriff Sales have resumed in...
Can Rental Debt Be Discharged Through Bankruptcy?
In today’s economy, renting an apartment or home is quite common. Nearly 40% of people in the United States are renters, and many of them are facing financial hardship. If you have lost your job or are experiencing other financial difficulties you may find yourself...
Should You Stop Paying Bills Before Filing for Bankruptcy?
One of the most common questions debtors ask before filing for bankruptcy is whether they should stop paying their bills or other expenses. After all, if you are already struggling to make ends meet and anticipate having your debts discharged, it may seem like a waste...
Statute of Limitations: Is There a Time Limit on Debt Collection?
No matter who you are, getting a call from a debt collector can be a daunting experience. Just because you owe a debt, however, does not always mean that you are legally obligated to pay it. Under the law, creditors have a window of opportunity to file a lawsuit to...
What Happens When You Declare Bankruptcy?
Given the current economic climate, many Americans are forced to consider what happens when you declare bankruptcy. Whether a job loss, illness, divorce, or another unexpected turn of events has you looking at bankruptcy, here's your guide to understanding the...
Attorney Bruce Levitt Wins a Lawsuit and Helps a Family Get Back Their Home Lost to a Tax Lien Foreclosure
Bruce Levitt of Levitt and Slafkes is proud to announce a victory in New Jersey State Court in the case of BV001 REO Blocker, LLC v. HB (USA) Properties, LLC, Docket No. F-002097-19 (Sup. Ct. N.J. April 17, 2020), where he successfully vacated a tax lien foreclosure...
What If I Can’t Pay My Mortgage or Trustee Payment in My Chapter 13 Because Of The Economic Slowdown From COVID-19
As of the date of this writing we are barely two weeks into what could likely be the largest financial meltdown since the Great Depression. We have already been contacted by many of our Chapter 13 clients who have lost jobs or have reduced income who want to know what...