Bankruptcy And Debt Relief

When a person files bankruptcy, they have to submit a form that contains all of their creditors. They can’t pick and choose who to include on that list. Once they have done this, the creditors will have to wait for the bankruptcy trustee to determine what, if any,...

Financial troubles can be challenging to deal with. Most people want to pay their debts and live a comfortable life, so the realization that those aren’t possible can be difficult. For some people, life’s circumstances have made it impossible to catch up.  When there...

You’ve decided to file for bankruptcy. While you do have some credit card debt, most of your financial struggles stem from unavoidable medical expenses. You want to use bankruptcy to eliminate this debt and create a more stable financial future. However, now that...

Once you realize that you have more bills than you have money, you may want to find a way to get out of that debt. One option for this is to file for bankruptcy. Consumers typically file a Chapter 7 or a Chapter 13 bankruptcy, depending on their financial situation. ...

Filing for bankruptcy is a major decision and the law in this area is nuanced. New Jersey has state-specific laws that filers should be aware of.   Below are some of the most common questions about bankruptcy in the Garden State.  Are there different types of...

Bankruptcy and debt are often wrongly attributed to reckless spenders. However, this is a misconception. The average working person in America is currently struggling to make ends meet, and it only takes one unexpected expense to send debt spiraling out of control....

Most people rely on credit for basic financial concerns. Credit cards help households cover unexpected expenses. Auto loans and mortgages make substantial purchases achievable for many families. The decisions that people make can potentially limit their credit...

Facing bankruptcy can make a lot of people very scared about their future. They often hear horror stories about how hard it is to rebuild credit, and many wonder if they’ll ever be able to buy a home. While bankruptcy is unquestionably a financial setback, it isn’t...

Bankruptcy is a legal process that people can go through when they face overwhelming debt. It can help people get back on track with their finances and look forward to the future again.  However, bankruptcy is somewhat stigmatized and this is largely due to...

The means test calculates whether you qualify for Chapter 7 bankruptcy based on your income. Passing the test means qualifying for bankruptcy. As such, familiarizing yourself with how it works is crucial if you intend to file for Chapter 7. The means test assesses...