Ratings & Reviews
Debts That Can Be Discharged in Chapter 13 but Not in Chapter 7
- posted: Apr. 15, 2024
Chapter 7 and Chapter 13 of the Bankruptcy Code provide different ways for an individual to obtain relief from outstanding debt. The choice of one or the other is usually Read More
Using Exemptions to Shield Your Property in a Chapter 7 Bankruptcy
- posted: Mar. 29, 2024
One of the misconceptions about filing for a Chapter 7 bankruptcy is that the debtor will have to forfeit much of their property. But the fact is that in most Read More
How Chapter 13 Bankruptcy Can Protect Your Home from Foreclosure
- posted: Mar. 15, 2024
Homeowners can face foreclosure of their homes for multiple reasons. They may not be able to keep up with mortgage payments due to losing their main source of income or Read More
How Can You Protect Home Equity in Bankruptcy if You Have a Reverse Mortgage?
- posted: Feb. 29, 2024
A reverse mortgage is a type of loan that allows a homeowner aged 62 or older to borrow against the equity in their primary residence. To qualify, the homeowner must Read More
How Is Your Monthly Chapter 13 Payment Calculated?
- posted: Feb. 15, 2024
Chapter 13 bankruptcy is a legal remedy that allows people to escape from heavy debt burdens by completing a court-approved repayment plan. During the life of the plan, which is Read More
Effective Ways to Rebuild Your Credit After Bankruptcy
- posted: Jan. 30, 2024
Filing for bankruptcy takes an immediate toll on your credit score, but it's also an opportunity for a fresh financial start. You can start rebuilding immediately after a Chapter 7 Read More
What Defenses Can Be Raised to a Foreclosure Action?
- posted: Dec. 30, 2023
If you have fallen significantly behind on your mortgage payments in New Jersey, you might receive a notice of intent to foreclose. This advises you that unless the amount of Read More
How the Real Estate Bubble Can Affect Using Bankruptcy to Keep Your Home
- posted: Dec. 15, 2023
Home prices across the country have continued to rise steadily throughout 2023. In New Jersey, prices in October were up 10.6 percent compared to last year. What’s more, despite soaring Read More
Keeping Your Car During Chapter 7 vs. Chapter 13 Bankruptcy
- posted: Nov. 15, 2023
A major concern of people filing for bankruptcy is whether they can keep the property that is important to their daily lives. This includes the vehicle they rely on for Read More
Mortgage Relief Scams Debtors Should Beware of
- posted: Oct. 30, 2023
When homeowners are facing mortgage default and possible foreclosure, they may fall prey to a multitude of avowed mortgage relief providers. Unfortunately, many of these individuals and companies are ineffectual Read More
How Business Debt Can Help Chapter 7 Filers Avoid the Means Test
- posted: Sep. 15, 2023
Chapter 7 bankruptcy is often the best option for financially stressed individuals seeking debt relief. Most unsecured debts are fully discharged, absolving the debtor of any further obligation. The legal Read More
What Happens to Retirement Funds When You File for Bankruptcy
- posted: Aug. 30, 2023
One of your most valuable assets, especially after several years of employment, can be your pension, 401(k) or other retirement account. If you find yourself in financial straits, you might Read More
How Can You Take Out a Loan During a Chapter 13 Bankruptcy?
- posted: Aug. 15, 2023
Chapter 13 bankruptcy was designed to provide relief for wage earners having difficulty repaying debts. So taking on yet another loan during a Chapter 13 case may seem counterproductive. Nevertheless, Read More
Using Chapter 13 to Obtain a Beneficial Mortgage Modification
- posted: Jul. 30, 2023
If you are faced with crushing debt and dwindled resources, one of your strongest motivations is to keep your home from foreclosure. A Chapter 13 bankruptcy can help you do Read More
What Happens if You Can’t Make Your Chapter 13 Plan Payments?
- posted: Jun. 30, 2023
Chapter 13 is a form of bankruptcy relief by which the debtor pays off a portion of what is owed to unsecured creditors over a period of three to five Read More
How Often Can You File for Bankruptcy in New Jersey?
- posted: May 01, 2023
Bankruptcy provides a fresh financial start, but it doesn’t mean that you won’t fall on hard times in the future. You could suffer a career setback, have a major health Read More