Filing for bankruptcy can cause a large amount of emotional stress, but there is also a financial element of stress that is involved. Many of my clients ask me how much it costs to file for bankruptcy. Keep reading for an estimated breakdown of...
Read moreWill I Lose My Life Insurance Policy if I File for Bankruptcy?
Many of my clients ask if they will lose their life insurance policy if they file for a New Jersey Chapter 7 or Chapter 13 bankruptcy. This varies based on the type of life insurance and the exemptions you have. Keep reading to learn how your...
Read moreWhen Is Bankruptcy My Best Choice?
Many of my clients come to me asking if bankruptcy is their best option. There are a few questions that you can ask yourself to decide if a New Jersey Chapter 7 or Chapter 13 bankruptcy is the best course of action for you. Time It Will Take to...
Read moreWhat Does the Bank Do to Your Account if You File for Bankruptcy?
When you file for bankruptcy, you have to fill out numerous forms. In one of those forms, Schedule B, you are required to give the information about all of your personal property, including funds in your bank accounts. Many of my clients ask what...
Read moreWhat Small Business Owners Need to Know About Chapter 7 and Chapter 13
If you are a small business owner willing to file bankruptcy, you can do so either by filing Chapter 7 or Chapter 13 for bankruptcy. Do you know which one is the best option if your business debt becomes unmanageable? Whether to go for Chapter 7...
Read moreWhy Would a Company Choose to File for Bankruptcy?
Have you ever wondered why a corporation files for bankruptcy? The majority of companies will file under Chapter 11 rather than Chapter 7 because they can still run their business and control the bankruptcy process. Keep reading to learn more...
Read moreWill I Lose My Home After Chapter 7 Bankruptcy in New Jersey?
Many of my clients ask if they will lose their home after their Chapter 7 bankruptcy is discharged. The short answer is that it depends if you are current on the mortgage payments or not. You will not lose your home simply because you filed...
Read moreWill My Gambling Debt Be Wiped Out When I File for Bankruptcy?
There are thousands of people who are battling a gambling addiction. The numbers have grown thanks to the easy access to online gambling sites as well as casinos. What starts as a form of entertainment can spin out of control very easily. Many of...
Read moreWhat Are My Alternatives to Filing For Bankruptcy?
Filing for Chapter 7 or Chapter 13 bankruptcy is not the only option you have if you are in debt. In some situations, a non-bankruptcy course of action may be your best choice. Keep reading to learn about your alternatives to bankruptcy...
Read moreBankruptcy Exemptions in New Jersey
There are a number of bankruptcy exemptions under New Jersey law. These exemptions are an important aspect of the bankruptcy process because they protect your property from creditors. This blog will educate you on the various New Jersey...
Read moreDocuments You Need to File for Bankruptcy
Filing for bankruptcy is a complex and stressful undertaking. To make the process easier it is important that you speak to an experienced bankruptcy attorney and compile your financial and legal data. I have created a list of documents you will...
Read moreThe Do’s and Don’ts of Filing for Bankruptcy – Part 2
Earlier this month we published part one of a two-part blog and focused on what not to do when filing for bankruptcy. You can read that blog here. The second part of the blog focuses on what you need to do when filing for bankruptcy. Here is a...
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