Menu
Call us Today to Set Up
A Free Case Evaluation
Search
Call us Today to Set Up A
Free Case Evaluation
${site.data.firmName}${SEMFirmNameAlt}
Take Control of Your Financial Future
${site.data.firmName}${SEMFirmNameAlt}
Get The Fresh Start You Deserve
973-323-2953
Se Habla EspaƑol
Contact Us
View Our Practice Areas

Posts tagged "discharge"

When Creditors Call After Discharge

When Creditors Call After Discharge (3).jpgWhile bankruptcy is a measure of last resort, its purpose is clear: to provide an overwhelmed debtor with some much needed relief. This relief comes in the form of the discharge of a wide range of qualifying debt. At the end of the day, this is supposed to translate into a sense of relief and freedom. Sadly, there are times when creditors continue to call after a bankruptcy court discharges a person's debt.

Why Would a Court Deny Bankruptcy Discharge?

Why Would a Court Deny Bankruptcy Discharge.jpgNo matter what you have read online, the decision to pursue bankruptcy proceedings is a deeply personal one and is not a one-size fit all solution for everyone. In fact, bankruptcy proceedings can be complicated and may not turn out the way you hope. This is why it is necessary to consult with a knowledgeable and experienced attorney to consider your circumstances and help you weigh your options.

What Does Bankruptcy Mean for Cosigners?

Bankruptcy can be an incredible tool for those struggling under the burden of debt. A personal bankruptcy has the life-changing ability to eliminate debt, protect assets, and stop creditor harassment. If your debt is backed by a cosigner, or if you are a cosigner on someone else's debt, it is important to understand what a bankruptcy might mean for these obligations.

5 Things to Look for in a Bankruptcy Attorney

If you are like many of our clients who are struggling to make ends meet, you are not sure where to start when it comes to obtaining the help of a debt relief expert. If creditors are taking aggressive collection tactics against you, it can be tempting to hire the first attorney you find. However, it is important to understand that selecting your Chapter 7 or Chapter 13 lawyer is one of the most important decisions you can make, so you want to get it right.

Can I Eliminate Gambling Debt in Bankruptcy?

If you have incurred a substantial amount of gambling debt, you may be wondering if filing for bankruptcy protection is a good solution to your problem. With casinos and online gambling websites, there are thousands of people facing a gambling addiction. They continue to go further into debt because they hold out the hope that they will eventually hit it big. Most gamblers fail to seek help until they are completely overwhelmed by their debt.

What Happens to Child Support Payments in Bankruptcy?

If you are feeling overwhelmed by the child support or alimony payments you have been ordered to pay and are considering filing a Chapter 7 or Chapter 13 bankruptcy, it is important to understand that family support payments are considered non-dischargeable debts in bankruptcy. This means that you cannot eliminate your obligation to pay them in your bankruptcy filing.

Negative Events & Your Credit Report

Your credit report gives creditors a comprehensive view of your financial status. It includes notations of the timely payments you have made and the loans you have paid in full, but it also includes notations of all negative financial events that have occurred in your life. This includes past due payments, defaults, lawsuits filed against you and bankruptcy filings.

Can I Lose my Bankruptcy Discharge?

Once you obtain your discharge order, can you finally breathe a sigh of relief? In the vast majority of the cases, the answer is "yes." However, there is a small area where a creditor or the trustee can seek to have your discharge revoked. This complaint must be based on the ground of fraud in your filing and it must be lodged within a year of your discharge date.

How Much Debt Do I Need to File Bankruptcy?

When you are struggling financially, you may be wondering if you have sufficient debt to qualify for bankruptcy protection. The good news is that there is no minimum amount of debt required to file a Chapter 7 or Chapter 13 case. Your eligibility to file a personal bankruptcy case depends upon the type of case you intend to file, your income, and the amount of your debt. Every filing is unique, so it is essential to confer with us to determine the best debt relief strategy available to you.

What Debt Can I Eliminate in Bankruptcy?

When we meet with new clients, we are often surprised at the amount of confusion and misunderstandings that surround the topic of bankruptcy. There has been a lot of discussion lately about what types of debts cannot be discharged in bankruptcy, so this blog will focus on the kinds of debt you can eliminate in a Chapter 7 or Chapter 13 filing. Hopefully by understanding the types of debts you can discharge, you can see how bankruptcy relief could benefit you and your family.

Our bankruptcy attorneys will help you escape debt and
face the future with optimism.

Email Us For A Response

Begin Your New
Financial Life
Today

Office Location

Levitt & Slafkes, P.C.
515 Valley Street
Suite 140
Maplewood, NJ 07040

Phone: 973-323-2953
Fax: 973-313-1240
Map & Directions

google map