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December 5, 2014 David E. Sklar Bankruptcy, Chapter 13, Chapter 7

When It Makes Sense for Chapter 13 to Follow Chapter 7 Bankruptcy

Chapter 13 Following Chapter 7 Bankruptcy

If you have recently filed for a chapter 7 bankruptcy and received a bankruptcy discharge but want to find a way to keep your home from a potential...

September 19, 2014 Scura Law Firm Bankruptcy, Chapter 7

What Property is Safe in a Chapter 7 Bankruptcy?

When an individual or family decides to take the steps to end their financial challenges, they might face other issues. While filing for bankruptcy is often a real and reliable debt relief option,...

June 30, 2014 David L. Stevens Bankruptcy, Chapter 13, Chapter 7

Not all Bankruptcy Chapters are Created Equal

Most people have a basic understanding of the difference between a chapter 7 bankruptcy and a chapter 13. Simply put, in a chapter 7 case, most debtors are not paying anything to creditors. In...

June 18, 2014 David E. Sklar Bankruptcy, Chapter 13, Chapter 7

Chapter 13 Bankruptcy vs. Chapter 7 Bankruptcy

Chapter 13 Bankruptcy or Chapter 7 Bankruptcy?

If you are in financial trouble and looking into bankruptcy, you may be wondering whether a chapter 13 bankruptcy or a chapter 7 bankruptcy is the best...

October 3, 2013 Scura Law Firm Bankruptcy, Foreclosure, Chapter 7

Chapter 7 Bankruptcy as a Strategy to Halt a New Jersey Foreclosure

Though the filing of a Chapter 7 bankruptcy may in certain circumstances prevent a foreclosure sale from going forward, this is somewhat dependent upon whether the homeowner has filed for bankruptcy...

March 5, 2013 Christopher J. Balala Bankruptcy, Probate and Estate Law, Chapter 7

Can You Keep an Inheritance In a Chapter 7 Bankruptcy?

Clients are often concerned with their ability to protect an inheritance that they are the recipient of. Sometimes clients are aware of a possible inheritance, a sick aunt or uncle who is about to...

July 24, 2012 John J. Scura III Bankruptcy, Chapter 7

A Chapter 7 Bankruptcy Wipes Out All Mortgage Loans

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...

June 19, 2012 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7

False Assumptions People Commonly Make About Bankruptcy

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...

December 9, 2011 David L. Stevens Bankruptcy, Chapter 7

Questions a New Jersey Chapter 7 Bankruptcy Trustee May Ask

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...

September 11, 2011 John J. Scura III Bankruptcy, Chapter 7

How to Qualify for Chapter 7 Bankruptcy In New Jersey Above Median Income Level

If debtor's income is higher than the median income for the state in which they live, the debtor still may qualify for a chapter 7 by going through the bankruptcy means test. The means test is a...

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