Are you facing debt and wondering, “After I file for bankruptcy, will I have the right to own property?” Read this blog, then give us a call. In addition to the property that is exempt under New Jersey law, you will be able to come into possession of property after the filing. However, if you […]
Category Archives: Bankruptcy
When is a Chapter 7 the right choice for me? Chapter 7 Bankruptcy filings, known as straight bankruptcy, may be the right option if you meet the income requirements. This action basically wipes the slate clean, discharging most debts. In exchange for this fresh start, you give up ownership of all property that is not […]
WHERE TO FILE – BY COUNTY As your bankruptcy lawyer, I will handle all of the aspects of your bankruptcy filing in New Jersey so that you can move on and get back to your normal daily activities. As my client, you can leave all of the time burdens and stress of the bankruptcy process […]
New Jersey bankruptcy attorney answers the common question, Does my spouse have to file for bankruptcy if I file for bankruptcy? You may file for bankruptcy without your spouse. However, you should remember that your spouse’s salary and wages will be included in determining your income and your spouse will remain liable for any debts […]
Our New Jersey Bankruptcy attorney discusses what benefits could I receive from a bankruptcy filing in New Jersey and offers a free review. The first thing that filing a bankruptcy action does is impose an automatic stay, which means that all creditors must stop all collection efforts, including a mortgage lender who may be trying […]
Our New Jersey Bankruptcy Attorney answers the common question, what is a bankruptcy action in New Jersey and offers a free evaluation. Bankruptcy is a legal action where a person who has incurred debts in an amount that he cannot pay, whether that is from the total accrual of debts during the course of every […]
Can You File a Chapter 13 Bankruptcy on a Second Mortgage But Keep the House in New Jersey? by New Jersey Chapter 13 Lawyer Andrew M. Carroll In the aftermath of the real estate crisis, many Americans have found themselves underwater in their mortgages. In fact, a recent study revealed that a shocking 6.4 million […]
Are you drowning in debt and need legal assistance? Check out the top four New Jersey chapter 7 bankruptcy myths dispelled, then call us now! The term bankruptcy tends to evoke much opinion and emotion. Many Americans hold a bleak image of bankruptcy and those who declare it. For most, their belief in bankruptcy is […]
If you are looking to file for bankruptcy but may not understand some terms, check out our glossary of common bankruptcy terms for guidance. One of the things that most people find very confusing about the bankruptcy process is the number of terms and definitions that are routinely used in these cases. These words often […]