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While it does not happen often, debtors do sometimes pass away while their Chapter 7 or Chapter 13 bankruptcy case is still pending. Those in their old age, or those attempting to discharge...

Discharge in bankruptcy means to eliminate, or wipe out, a debt. Under a Chapter 7 Bankruptcy for example, unsecured debt, such as credit cards, personal loans, or medical bills, can be completely...

Due to COVID-19’s continuing negative impact on the economy, thousands of New Jersey residents are still experiencing financial difficulties. Among these are homeowners receiving foreclosure...

I am often asked how I can be so optimistic when my job is working with people going through perhaps the most difficult time in their lives. It’s easy: my job is to make things better.  I am a...

Chapter 11 cases are more complicated bankruptcy cases in many ways and much more is required of a debtor in Chapter 11 than in a chapter 7 or chapter 13 case. The debtor's failure to comply with the...

A bankruptcy case begins when a debtor files a bankruptcy petition in a bankruptcy court.The start of the case creates a bankruptcy estate, which contains “all legal or equitable interests of the...

Every day new companies open their doors, employ a workforce, and provide valuable services and products to help sustain our economy. Clearly, not all businesses are successful, particularly small...

Chapter 11 bankruptcy reorganization has and remains a viable option for companies in distress.The Bankruptcy Court provides a singular judicial forum where all creditors are required to participate....

Clients often ask if they qualify for a Chapter 7 bankruptcy. People may not know much about bankruptcy before calling my office, but there is a general anxiety as to whether they will be "forced"...

[David Stevens, Esq. walks you through the bankruptcy filing process to help put you at ease]