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When an individual or family decides to take the steps to end their financial challenges, they might face other issues. While filing for bankruptcy is often a real and reliable debt relief option,...

When debt becomes a real issue in an individual's life, it is clear that they must take action to reduce or alleviate these financial hardships. Seeking debt relief is not always an easy step to take...

Those facing financial challenges in New Jersey might have to face the reality of seeking debt relief. For some, this could come in the form of bankruptcy. Although it is not uncommon for individuals...

Most people have a basic understanding of the difference between a chapter 7 bankruptcy and a chapter 13. Simply put, in a chapter 7 case, most debtors are not paying anything to creditors. In...

Chapter 13 Bankruptcy or Chapter 7 Bankruptcy?

If you are in financial trouble and looking into bankruptcy, you may be wondering whether a chapter 13 bankruptcy or a chapter 7 bankruptcy is the best...

While the process for an assignment for the benefit of creditors (commonly referred to as "ABC") and a business bankruptcy are similar, corporate bankruptcy lawyers are quick to point out that there...

If you have filed a Chapter 13, you have encountered the Chapter 13 Plan. This is the repayment plan for your debts that must be submitted as part of the process in a Chapter 13. The plan, once...

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...

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...

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...