A frequent misunderstanding on tax debt is that you cannot wipe it out in a bankruptcy. Contrary to this misunderstanding, certain back due taxes owing to the Internal Revenue Service (IRS) or the...
May 31, 2014
Bankruptcy,
Chapter 13,
Foreclosure
The real estate bubble caused a great disruption in the market for homes in the United States. Home prices were driven up and then collapsed, taking with them much of the economy and many jobs. The...
May 23, 2014
Bankruptcy,
Credit
Many people who have filed a bankruptcy may be surprised to receive solicitation during their bankruptcy for new credit cards. They may think that because they filed a bankruptcy, they will have...
March 2, 2014
Bankruptcy,
Foreclosure
The Third Circuit Court of Appeals in In re Connors, 497 F. 3d 314 (3d Cir. 2007), held that a debtor filing a Chapter 13 bankruptcy does not have the right to cure a default on a mortgage secured by...
February 16, 2014
Chapter 13,
Debt Management
Presently, in a chapter 13 bankruptcy, a chapter 13 debtor cannot modify the rights of a first mortgage holder on a home. However, as you would hear from an attorney, banktruptcy debtors may strip...
January 15, 2014
Foreclosure
When you find your dream home, you buy it and likely make plans for how you will personalize it. As time progresses, you slowly see your dream becoming a reality. While that is what most people think...
January 10, 2014
Product Liability
For a consumer of goods in New Jersey, product satisfaction is always one of the top priorities. One thing that the consumer does not expect is to buy a product with his or her hard-earned money and...
January 2, 2014
Insurance Claims,
Bankruptcy
Many people filing bankruptcy in NJ are unaware that in addition to the federal bankruptcy exemptions, there are state specific exemptions. Although rare, the New Jersey state exemptions sometimes...
December 15, 2013
Consumer Bankruptcy,
Bankruptcy Cost
Many people ask themselves, "Should I file bankruptcy?" Everyone's situation is different, which is why you should always consult with a qualified bankruptcy attorney before making that difficult...
December 12, 2013
Product Liability
With Christmas fast approaching, many parents are out looking to buy the latest and greatest toys for their kids. According to an annual survey of toys by the New Jersey Public Interest Research...