Top 10 Benefits of Consumer Bankruptcy

Top 10 Benefits of Filing Consumer Bankruptcy Bankruptcy, often viewed as a last resort for consumers, can actually be a powerful tool for individuals overwhelmed by financial challenges. As a bankruptcy attorney, I’ve witnessed firsthand how the structured avenues of Chapter 7 and Chapter 13 bankruptcy can provide not just legal solutions, but also much-needed […]

Getting a Mortgage After Bankruptcy: The Letter That May Make the Difference

Since filing for bankruptcy protection may shave more than 200 points off your credit score (more if your house was foreclosed on!), it stands to reason that you may not be the picture of a good risk when applying for a mortgage. However, that doesn’t mean you can’t get a loan approved; a good letter […]

How to Choose the Right Bankruptcy for Your Specific Situation in NJ

One of the largest differences between Chapter 7 and Chapter 13 bankruptcy is that, with Chapter 7, most of your debts are discharged. Under Chapter 13, you get to live in the same way you’ve become accustomed to (for example, keeping your house and vehicles) and you pay back your debt over a longer period […]

5 Reasons Your Chapter 7 Bankruptcy Case in New Jersey Could Be Denied

The rejection or denial of a Chapter 7 bankruptcy case is very unusual, but there are reasons why a Chapter 7 bankruptcy case can be denied. Many denials are due to a lack of attention to detail on the part of the attorney, errors made on petitions or fraud itself. The attorney has to be […]

10 Common Bankruptcy Myths Debunked: What You Need to Know

10 Common Bankruptcy Myths Debunked: What You Need to Know Consumer Bankruptcy is a legal process that can provide individuals with a fresh start when overwhelmed by debt. However, there are many myths and misconceptions surrounding bankruptcy that often prevent people from considering it as a viable option for resolving their financial troubles. In this […]

Bankruptcy & Taxes

Filing for bankruptcy can be a daunting and overwhelming process, especially when it comes to dealing with taxes. If you are considering filing for bankruptcy or are already in the process, it is important to understand how bankruptcy can impact your taxes. Bankruptcy and Taxes When you file for bankruptcy, your assets and liabilities are […]

What Is a Reaffirmation Hearing in Bankruptcy?

If you are thinking about filing for bankruptcy, it’s important to sit down with an experienced attorney first to talk through the various phases of the bankruptcy process and to get a better understanding of what is involved with you as the petitioner. Reaffirmation Hearing in Bankruptcy A reaffirmation hearing in bankruptcy is part of […]

Know Your Rights: Fair Debt Collection Practices Act

You applied to a loan or a line of credit and, based on your credit score and past payment history, the lender took a chance on you. Since then, your financial world has collapsed. Perhaps you lost your job or got into a car accident and now have mounting medical bills. It doesn’t matter why […]

Keeping Your Home When You File for Bankruptcy in New Jersey

When a person files for bankruptcy in New Jersey, it is important for them to understand that there will likely be serious consequences as they embark on a highly complex process. That’s why it is imperative that an individual thinking about seeking bankruptcy protection first speak with a qualified bankruptcy and debt management attorney who […]

What Happens with My Tax Refund If I File for Personal Bankruptcy?

What Happens with My Tax Refund If I File for Personal Bankruptcy? When debt becomes unmanageable, many people wonder where they can turn for help. Filing for bankruptcy can help you discharge certain debts; however, the process itself is anything but simple. A common question we receive is, Can I keep my tax refund after […]

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