Blog

Many of our clients are seeking to get out of both credit card debt and mortgage debt on a home through a Chapter 7 bankruptcy. I have been surprised lately that some clients think that they are...

Many people struggling with debt are hesitant to take a big step in regaining control of their finances: filing for bankruptcy. This hesitancy often stems from feelings of fear, guilt, shame, or...

Modifying a Car Loan with Chapter 13 Bankruptcy

A Debtor filing a chapter 13 bankruptcy has a lot of tools available to give the him or her some breathing room. One area in which relief can be...

Earlier this week I met with my first client in our recently opened Hackensack office. She had a very common question: What can I do about this Default Judgment...is the creditor going to garnish my...

How Will Filing Bankruptcy Affect My Credit?

Inevitably every bankruptcy client that I meet with asks how filing for bankruptcy will affect their credit and if they can keep a credit card open after...

Typically a New Jersey Chapter 7 debtor only needs to attend one event during the bankruptcy proceeding, which is commonly referred to as the Meeting of Creditors. Creditors have a right to appear at...

The starting point for any "Means Test" analysis is a determination of the debtor's household income in comparison to the median income. Only those debtors with income above the median income are...

If the suspension is due to unpaid surcharges, the filing of a Chapter 7 Bankruptcy will lead to the immediate reinstatement of driving privileges in New Jersey - that is after the payment of a small...

Bankruptcy does not get rid of all types of debt. Some types of debt are presumed to be non-dischargeable: taxes, alimony/child support, government backed student loans. In other instances a creditor...