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
Bankruptcy,
Probate and Estate Law,
Chapter 7
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
Bankruptcy,
Chapter 7
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
Bankruptcy,
Chapter 13,
Chapter 7
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
Bankruptcy,
Chapter 7
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
Bankruptcy,
Chapter 7
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...