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 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...]
What Property Can I Keep In A Chapter 7?
New Jersey is one of 19 states which allow Chapter 7 debtors to choose between federal and state exemptions. If property is exempt, you get to keep it in a bankruptcy. What are some of the differences between state and federal bankruptcy exemptions … [Read more...]
The Two Most Common Personal Bankruptcy Options
Your Personal Bankruptcy Options If you are considering filing for personal bankruptcy protection, you can easily be confused about the different options available to you. Here are the basic options for obtaining personal bankruptcy … [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...]
Should You File For Bankruptcy?
One of the crucial reasons that individuals file for bankruptcy is to receive relief from their creditors. The initial relief arrives in the form of an automatic stay. The automatic stay goes into effect immediately upon filing for bankruptcy. In … [Read more...]
“Meaningful Review” by Collections Attorneys
U.S. District Judge Kevin McNulty, in the District of New Jersey, ruled last week in Bock v. Pressler & Pressler that a debt collection law firm violated the FDCPA (Fair Debt Collection Practices Act). The law firm apparently did not conduct a … [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...]
