We have previously discussed the procedures for a sheriff’s sale, and the effect that a bankruptcy may have to prevent a sheriff’s sale. However, what happens when a surplus exists after a sheriff’s...
June 13, 2023
Bankruptcy,
Chapter 13
As foreclosure rates across the country continue to increase (and with New Jersey being having one of the highest foreclosure rates in 2022)[1], filing for bankruptcy can be a challenging and...
May 24, 2023
Bankruptcy
May 2, 2023
Bankruptcy
Bankruptcy can be a difficult and overwhelming experience for individuals and businesses alike. While it provides a way to eliminate or restructure debt, it also has a significant impact on credit...
April 2, 2023
Bankruptcy,
Chapter 7
Filing for bankruptcy is often a daunting process. The intricacies of the Bankruptcy Code can often leave a debtor struggling to understand what the next best steps are. The first difficult decision...
March 1, 2023
Bankruptcy
After a person files a bankruptcy petition, they will be assigned a date for their “Meeting of Creditors,” also known as the 341 Meeting. Although bankruptcy debtors will not actually meet with their...
January 11, 2023
Bankruptcy
Filing a bankruptcy petition under any chapter of the Bankruptcy Code creates what is called an “automatic stay.” The automatic stay prevents creditors from taking action against a bankrupt...
December 20, 2022
Bankruptcy,
Consumer Bankruptcy
As we have previously discussed, certain debts are excepted from discharge, meaning a debtor will still be responsible for them after their bankruptcy is concluded. This includes debts incurred by...
December 9, 2022
Bankruptcy,
Bankruptcy Cost