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Filing for bankruptcy is not an easy decision to make, and while personal bankruptcy could help individuals in New Jersey address debt and financial challenges, it is a major step to take. Therefore,...

Two of the most common questions I receive from individuals contemplating filing for bankruptcy are:

How long will the bankruptcy filing remain on my credit report; and

What can I do to rebuild my...

When New Jersey financial problems strike, individuals often seek to take these issues on their own. While it is possible to alleviate small financial hardships on their own, some debt relief options...

When it comes to finances, it is not uncommon for a small problem to snowball into larger issues. Specifically with home ownership, when debt continues to grow, residents in New Jersey might fear...

Your financial situation has become precarious and you are overwhelmed by debt. You decide to file for bankruptcy protection. But what do you do if you need a car? Will you be able to get a car loan?...

It is not uncommon for people to arrive at the point of needing to file bankruptcy around the same time that a failing marriage approaches separation and divorce. Finances are traditional "problem...

Q. What is a Chapter 13 Bankruptcy?

A Chapter 13 Bankruptcy is a reorganization-type bankruptcy that lets debtors save property and potentially pay off a smaller percentage to their creditors over...

Many individuals believe that Chapter 11 bankruptcy is only for businesses and big corporations. This simply is not true. If you meet certain debt requirements, Chapter 11 may be the best option for...

Often, the bank will object when language is added to Part 4(c) of a Chapter 13 Plan. This section of the Plan is entitled "Surrender" and allows the debtor to surrender their interest in encumbered...

All property in which the debtor holds an interest at the commencement of bankruptcy is part of the estate pursuant to 11 U.S.C. §541(a)(1). A debtor is required to surrender to the trustee all...