Can I File Bankruptcy Without My Spouse?

Sometimes both partners within marriage are facing financial challenges, while other times one has racked up significant debt on joint accounts that affect both partners. It’s important to know that married couples have the option to file bankruptcy together, but they’re not obligated to do so. How To File Bankruptcy When Married If you’re contemplating […]

Americans Not Doing Enough to Save Up for Retirement

Although many Americans struggling with debt realize how important it is to save for retirement, the reality is that not enough people are doing enough to prepare for a time when they won’t be working anymore. According to a recent survey, the vast majority of people living in the U.S. have dangerously low amounts in […]

5 Factors That Affect How Credit Bureaus Calculate Credit Scores

Finding yourself in a position of contemplating bankruptcy can bring up a lot of questions such as: How does a new bankruptcy affect my credit score vs. an old one? Some might be surprised to find out that in a number of cases, filing bankruptcy might actually improve your credit standing. How bankruptcy impacts a […]

Does Bankruptcy Affect Future or Current Employment?

You might be hesitant to file for bankruptcy because you’re afraid you might lose your job. Maybe you’re concerned that a potential employer will deny your employment if you filed for Chapter 7 or Chapter 13 bankruptcy. If you can’t meet your financial demands with a job, how would you meet them without one? Will […]

I Can’t Afford to Pay for My Car Anymore. Can Bankruptcy Help?

People often find themselves contemplating bankruptcy because they’re in over their heads with monthly car payments. If you’ve been affected by COVID-19 and are unable to meet your financial responsibilities, you need a plan for debt relief and resolution. When Car Payments Become Too Much A car you once loved can become a major problem […]

Bankruptcy and Debt Collection Lawsuits

When you have unpaid debts, creditors may resort to pursuing a lawsuit against you to collect. Not all creditors have the option of pursuing this legal remedy, but in many cases, the creditor can obtain a judgment against you that may include wage garnishment. Debt collection lawsuits begin when the collection agency or creditor files […]

Chapter 7 Bankruptcy and Medical Debt

One of the biggest ways people end up accruing debt is the combination of inadequate health insurance coverage and the constantly increasing cost of healthcare. People find it difficult to meet the financial demands and high costs associated with treatments, surgeries, medications, etc., leaving them facing considerable medical debt. Despite this ever-growing problem, there is […]

What Is Involuntary Bankruptcy?

Bankruptcy is often advertised as an option you can turn to in a tough financial situation. It provides you with a way to discharge some, if not all, of your debt and get you back on track to a sound financial future. In rare situations, an unwilling debtor might get forced into involuntary bankruptcy by […]

Does a Parent’s Bankruptcy Affect Eligibility for Student Financial Aid?

Bankruptcy is a complicated issue that affects many areas of one’s life, but in general, filing for bankruptcy doesn’t interfere with eligibility to receive federal aid. It can, however, affect eligibility for some student loans and loan programs, but it might not be as bad as you think. A green light for financial aid and […]

Life After Bankruptcy: What Happens After My Debts Have Been Discharged?

South Jersey Bankruptcy Attorneys

Making the decision to file for bankruptcy is never easy. Once you’ve made that decision, you may expect the process will go smoothly and you’ll quickly move on with your life. However, the reality is that even after you’ve received your discharge and your bankruptcy is complete, to give you the greatest possibility of successful […]

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