Bankruptcy

The bankruptcy process provides a way for people struggling with their debt to start over. But, before beginning the process, it’s essential to research the various options you have to ensure that you make the best decision for your future. Chapter 7 Bankruptcy...

Concern about future credit is a primary concern of many people who file for bankruptcy. People wonder if their credit score will drop dramatically, and if it will stay that way forever or if credit can be rebuilt. Regarding this issue, the Supreme Court said in a...

Times are tough for legions of Americans spanning the country, including many individuals and families residing in Central New Jersey and elsewhere across the state. That’s hardly a surprising observation, is it? The current health crisis — hopefully soon controlled —...

Even just thinking about bankruptcy can be overwhelming. Financial worries are stressful enough, and thinking about all the things that have to be done just adds to the worry and fear. As bankruptcy attorneys, we see this every day. It's important to know that you...

When you are considering bankruptcy, the terminology alone can make your head spin. There are many different types, and each has its own requirements and restrictions. It is difficult for an individual to know which type will be right for them. Of course, it is always...

The holidays can be a difficult time for many reasons, not the least of which is financial. There are many costs associated with celebrating the holidays, and bills can pile up. After the holidays, many people already on financially precarious footing, can feel even...

Don't make the common mistake of filing for bankruptcy later than you should Most people who file for bankruptcy have probably been considering doing so for some time. Generally, people wait longer than necessary to file for bankruptcy, usually hoping that something...

Credit card delinquencies have risen to levels not seen in years. This trend reflects both the rising amount of household debt and the increasing tendency of banks to lend excessive amounts (e.g., through very high spending limits on cards), despite a borrower's...

Both Chapter 7 bankruptcy and Chapter 13 bankruptcy can offer relief from many types of unsecured and other debt, as well as help to reduce financial pressure from creditors that can reduce the quality of your life in a number of ways. However, bankruptcy's benefits...