Do you have a car payment that you can’t afford on a car that has depreciated in value? While you may be concerned about getting rid of your unsecured debts such as credit cards in bankruptcy, you are still worried about a car payment that you cannot afford. If so,...
Chapter 13 Bankruptcy
Can I Keep My Car if I File Chapter 7 Bankruptcy in New Jersey?
Most people who we meet with ask if they can keep their car if they file Chapter 7 bankruptcy because they need it to get to work, to school and in general to live their life. Whether you can keep your car in a Chapter 7 depends upon many factors including whether...
All I Want for Christmas Is……DEBT RELIEF!
Christmas is a time when you want to focus on family and the joy of the season. If you are drowning in debt maybe the best Christmas present you could give your family is a financial fresh start. In most cases, the primary goal of filing a Chapter 7 or Chapter 13 case...
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. Foreclosures in New Jersey are judicial which means that the lender must file a lawsuit to foreclose on your home. If your home has recently been sold at a Sheriff Sale in New Jersey you...
NEW DEBT LIMITS FOR CHAPTER 13 BECAME EFFECTIVE APRIL 1, 2019
Individuals have several options when filing bankruptcy. Chapter 13 is often preferred for individuals with regular income who wish to keep their homes that have equity and other secured assets. In a Chapter 13 filing, the court will approve the debtor's three to...
QUESTIONS TO ASK A BANKRUPTCY ATTORNEY DURING YOUR INITIAL CONSULTATION
When you're thinking about filing for bankruptcy there are many factors that need to be taken into consideration. During this difficult time, it's critical that you hire an experienced and knowledgeable bankruptcy attorney to guide you through the process. At...
WHAT TAXES CAN BE DISCHARGED IN BANKRUPTCY
If you are one of the many Americans who struggle with debt, then you intimately understand the emotional strain that comes with ceaseless harassment from debt collectors. Despite your best efforts and hard work, you find yourself unable to keep up with credit card...
Bankruptcy Can Help End Wage Garnishment
Creditors can be relentless and ruthless when it comes to collecting on debts. They use every tool at their disposal, including letters, phone calls, and social media harassment. This takes a great mental toll on people struggling to repay their debts. Unfortunately,...
Getting Out of a Vehicle Loan in Bankruptcy
If you look at your ongoing monthly expenses, you vehicle loan is probably up there as one of the big ones. Unfortunately, while your high, fixed car loan payment remains the same for the term of your loan, depreciation causes the value of the vehicle to decrease over...
Protecting Yourself When Your Sole Proprietorship Closes
Your small business represents the culmination of hard work, innovation, and your hopes for a bright future. Unfortunately, taking this risk to make it on your own can come with hiccups. In fact, many small business owners find themselves struggling with debt as part...