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Income taxes which have met certain criteria are personably dischargeable in bankruptcy. If the IRS has filed a lien on property, however, then the lien remains unless some action is taken to void it...

Co-Debtor Stay When Only One Spouse Files Bankruptcy

Very often the impetus to commencing a New Jersey bankruptcy is to stop collection efforts by the IRS of the state taxing authority. Upon filing a...

Older Americans are doing something that their generation has never done before: filing for bankruptcy in masses. The so-called "baby boomer" generation is now facing greater financial instability...

The point of a chapter 13 bankruptcy is to require people that have extra money at the end of the month to repay at least a portion of their debt. The Bankruptcy Code uses an analytical approach (the...

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...