Coming to terms with debt is not always easy; however, dealing with debt is more than just addressing financial problems. For some debtors in New Jersey, it also means preventing mistreatment by...
June 10, 2016
Bankruptcy,
Chapter 13,
Chapter 7
When individuals are struggling to get by month-to-month or even week-to-week, they are not always sure where to turn. Our firm understands that residents in New Jersey often encounter financial...
May 19, 2016
Bankruptcy,
Chapter 7
When residents in New Jersey struggle with their bills or feel like they are drowning in debt, they often seek ways to solve these financial issues. This is often accomplished by getting a new job,...
May 17, 2016
Bankruptcy,
Chapter 13,
Chapter 7
If your finances are coming apart at the seams and your mailbox, inbox and voicemail are filled with collection notices from your creditors, you may be thinking about filing a bankruptcy. But, like...
December 18, 2015
Bankruptcy,
Chapter 7
All property in which the debtor holds an interest at the commencement of bankruptcy is part of the estate pursuant to 11 U.S.C. §541(a)(1). A debtor is required to surrender to the trustee all...
September 1, 2015
Chapter 13,
Chapter 7,
Chapter 11
July 15, 2015
Bankruptcy,
Chapter 7
Chapter 7 Bankruptcy is known as the liquidation chapter, but this nickname is not really appropriate. In the vast majority of cases, liquidation never occurs. The Federal Bankruptcy Code and State...
July 13, 2015
Bankruptcy,
Chapter 7
A chapter 7 debtor (as opposed to a trustee) may bring such actions for his or her own benefit (as opposed to for the benefit of the debtor's estate) in limited circumstances. To bring the avoidance...
July 1, 2015
Bankruptcy,
Chapter 7,
Chapter 11
Recent financial struggles facing the Texas Rangers baseball team have brought attention to the issue of involuntary bankruptcy proceedings. Creditors holding roughly $525 million in debt accrued by...
April 21, 2015
Bankruptcy,
Chapter 7
Chapter 7 Trustees are compensated in two ways. First, they receive a flat $60 fee per case. Second, in the event there are assets to liquidate, the trustee will receive "reasonable" compensation in...