Workers at Fort Dix, Fort Monmouth, the FBI in Newark, and other employers in The Garden State sometimes hesitate to file Chapter 7 Bankruptcy because they’re afraid of losing their security clearances. While bankruptcy debtors may face some … [Read more...]
‘Real Housewife’ Changes Addresses
Erstwhile reality TV star Teresa Giudice surrendered to federal authorities in Connecticut to begin her 15-month prison sentence for bankruptcy fraud. After she completes her term, her husband, Giuseppe Giudice, will begin serving a 41-month … [Read more...]
Stopping a Home Foreclosure with Bankruptcy
Bankruptcy and Foreclosure Proceedings If you are struggling to meet your financial obligations, and have fallen behind on your mortgage payments, you may be worried about a foreclosure proceeding and the loss of your home. You may be considering … [Read more...]
The Means Test
The Means Test in Bankruptcy Before 2005, persons seeking to file bankruptcy could generally choose between a Chapter 7 liquidation proceeding and a Chapter 13 reorganization. However, as a part of the revisions to the federal Bankruptcy Code in … [Read more...]
Special Asset Issues
Bankruptcy and Special Assets If you have decided to file for bankruptcy as a way to get a fresh financial start, you may have concerns about how the bankruptcy filing will affect certain articles of property. What about any money you have received … [Read more...]
Life After Bankruptcy
An attorney can help you do so much more than just file paperwork. One of the many advantages of partnering with an experienced bankruptcy attorney is that a lawyer can help you develop an exit strategy and goals for your financial future. A … [Read more...]
The Automatic Stay in Bankruptcy
The Benefit of the Automatic Stay in Bankruptcy The federal bankruptcy laws were enacted to give individuals and business owners a way to get a fresh financial start. But Congress also recognized the need to provide relief from aggressive collection … [Read more...]
Is Your Past Haunting You?
The Zombie Apocalypse probably won’t occur, but these creatures can still haunt your credit report, even if you filed bankruptcy. Also known as debt scavengers, zombie debt-buyers purchase delinquent credit card accounts, overdue payday loans and … [Read more...]
The Floating Check Controversy
At the moment you file a Chapter 7 Bankruptcy, all your nonexempt cash and non-cash property technically becomes part of the bankruptcy estate. An interesting question arises concerning the funds in checking and other Demand Deposit Accounts … [Read more...]
Recovering From Chapter 7
In most cases, a Chapter 7 Bankruptcy is discharged only a few months after the filing debt. So, an experienced bankruptcy attorney in Camden can get your family a fresh financial start almost immediately. Once you’re free of the obligation to repay … [Read more...]