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When Americans find that their debt has become unmanageable, there are almost always viable legal solutions available to address this challenge. Unfortunately, one of the myths about bankruptcy is...

Even Responsible People Can Get Into Debt

Since the economic downturn of 2008, it has become clear to the nation that even the most fiscally responsible individuals can suddenly find themselves...

Creative debtors have been trying to beat the system for as long as there has been a system to beat. And when those debtors are young, educated, and over indebted, the schemes can get pretty clever....

Co-Debtor Stay When Only One Spouse Files Bankruptcy

Very often the impetus to commencing a New Jersey bankruptcy is to stop collection efforts by the IRS of the state taxing authority. Upon filing a...

When clients first meet with an attorney, bankruptcy procedures may seem intimidating or overwhelming. Earlier this week I met with my first client in our recently opened office in Hackensack, New...

Earlier this week I met with my first client in our recently opened Hackensack office. She had a very common question: What can I do about this Default Judgment...is the creditor going to garnish my...

Custodial accounts are a frequent issue bankruptcylaw centers handle.Custodial accounts are funds in which one person sets up an account, funds it with money or other property, and controls the...

Financial lawyers hear this one all the time: Can creditors take funds if they're held in a joint account? The answer is a little complicated.

Bankruptcy does not get rid of all types of debt. Some types of debt are presumed to be non-dischargeable: taxes, alimony/child support, government backed student loans. In other instances a creditor...

If you owe a creditor money, you may think that it is a good thing if that creditor stops attempting to collect the debt.   Note, however, that if a creditor cancels or forgives a loan, it may report...