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Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems. As a result, you may be thinking about filing for both bankruptcy and divorce...
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems. As a result, you may be thinking about filing for both bankruptcy and divorce...
Many Americans are currently struggling to get by or are just barely hanging on. If you have fallen behind on paying your credit cards, medical debt, rent or other bills it is important to know you are not alone. Many famous people have filed for bankruptcy in order...
Mortgage Forbearance 101 A mortgage forbearance is when your mortgage servicer or your lender allows you to stop or reduce your mortgage payments for a limited period of time. Your mortgage servicer is the company to which you send your mortgage payments. A mortgage...
There have been many news stories about people receiving large bills as a result of COVID-19 care. Hopefully you are not one of them. This really causes double financial problems-loss of income as a result of being sick and medical bills. Sometimes this result from...
The CARES Act, passed by Congress in response to COVID-19, eliminated the penalty for early withdrawal of retirement funds. This was done to provide a source of assets for those struggling to pay their bills. The extra $600 weekly federal unemployment supplement that...
According to a recent Goldman Sacks survey, by the first week of August approximately 84% of businesses will have exhausted the loans that they have received from the government through the Paycheck Protection Program (“PPP”). Yet, New Jersey remains in Stage Two of...
Early on in the COVID-19 pandemic the New Jersey courts placed a hold on the entry of final judgments of foreclosure. That meant that although foreclosures were allowed to be filed, the cases could proceed only up to the filing of a motion for a final 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...
Many thousands of New Jersey household are already facing financial difficulties because of COVID-19. As a result, many renters will not be able to pay this month’s rent. There are also many renters that are already behind on their rent and may be facing a court date...