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...]
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...]
When Can I Start Rebuilding My Credit after a Bankruptcy?
How Soon Can You Start Reestablishing Credit after Bankruptcy? If you’ve had to file bankruptcy, for any reason whatsoever, you may be wondering how soon you can start to rebuild your credit, as well as the best ways to do so. You Can Start … [Read more...]
How Come I Can Be Thrown in Jail for Not Paying Child Support If I’m in Bankruptcy
Bankruptcy and Delinquent Child Support Payments You are behind on all your bills, including your child support. Maybe you lost your job, maybe you’ve had a difficult time getting back on your feet after a divorce or maybe you’ve been sick or hurt. … [Read more...]
Questions to Ask Your Lawyer About Bankruptcy
Considering Filing for Bankruptcy? Here Are the Questions to Ask Your Bankruptcy Lawyer You’ve been working hard to get your financial life back in order, but still can’t see any light at the end of the tunnel. You’re thinking maybe it’s time to … [Read more...]
Pros and Cons of Bankruptcy
Considering Filing for Bankruptcy? Reasons for and Reasons Against Filing If you are struggling under a mountain of debt and you have been unable to get creditors to work with you, you may be considering a bankruptcy filing. Before you hire an … [Read more...]
What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?
Deciding Between a Chapter 7 and a Chapter 13 Bankruptcy Filing If you’ve concluded that the best (or only) way out of your current financial predicament is to seek protection in bankruptcy, your next step is to determine which direction you want to … [Read more...]
Why Is Bankruptcy Called Chapter 13?
Why Is It Called a Chapter 13? So you are facing a mountain of debt, but have some income. Your attorney or a friend has recommended that you seek protection under “Chapter 13.” But what does that mean? Why is it called a Chapter 13 bankruptcy, and … [Read more...]
Why Is Bankruptcy Called Chapter 7?
What Is a Chapter 7 Bankruptcy? If you have been wrestling with a large amount of debt - and you don't see any way to pull yourself out of your financial problems - Chapter 7 could help you. Legal counsel, or a friend or family member, might have … [Read more...]
