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October 9, 2023 Scura Law Firm Bankruptcy, Chapter 7, Chapter 11, Business Bankruptcy

Bankruptcy Strategies: Choosing Between Chapter 7 vs. Chapter 11 for Your Business

April 2, 2023 Roshni Shah Bankruptcy, Chapter 7

What is the Chapter 7 Means Test?

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...

November 3, 2022 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7, Chapter 11

Having Trouble Making Car Payments: Bankruptcy Can Help

According to the Consumer Financial Protection Bureau, the average price consumers paid for new vehicles reached a record high of $48,182 and monthly payments are up 19% from 20211. More importantly,...

September 21, 2022 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7, Chapter 11

The Consequences of Bankruptcy Fraud

As of the last few months – cryptocurrency brokerage firms such as Three Arrows Capital, and Celsius Network, Ltd. filed for Chapter 11 Bankruptcy. Unfortunately for some of their customers, there...

August 18, 2022 Scura Law Firm Bankruptcy, Chapter 13, Debt Management, Chapter 7, Chapter 11

New Bankruptcy Debt Limits - What does this mean for Debtors?

On June 21, 2022, President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act (Bill S. 3823). What Bill 3823 does is it increases the Chapter 13 debt limits...

March 11, 2022 Scura Law Firm Bankruptcy, Debt Management, Chapter 7

Debt Consolidation is a Scam

A few days ago, I met a couple from New Jersey looking for financial assistance. As we went over their financial difficulties, they began telling me about this “debt consolidation program” they were...

March 11, 2022 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7, tax

Can You Discharge Overpayment of Unemployment Benefits In Bankruptcy?

In March 2020, thousands of businesses were forced to shut down,many Americans were left without a job, and millions applied for unemployment benefits. According to State of New Jersey’s Department...

February 8, 2022 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7, tax

Tax Season 2022: Discharging Taxes through Bankruptcy

Although we’re still a couple of months away, the April 15th tax deadline will be here before you know it, and if you already owe income taxes for previous tax years, you could be facing an even...

June 30, 2021 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7

Chapter 7 Bankruptcy Vs. Chapter 13 Bankruptcy in New Jersey

Illness, divorce, foreclosure, and job loss—almost everyone will face one or more of these issues at some point in their lives, if not all of them at the same time. If you've ever been in this...

November 10, 2020 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7

How Do You Rent a New Apartment After Filing for Bankruptcy in NJ?

When you file for bankruptcy, you often feel marked by the filing. Whether you’re buying a new car or looking for a new apartment to rent, you remain conscious that your bankruptcy will follow you....

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