Bankruptcy And Debt Relief

A utility shutoff notice can accelerate an already difficult financial situation. For New Jersey residents dealing with debt, filing for bankruptcy activates a federal protection under 11 U.S.C. § 366 that can prevent shutoffs and help you maintain access to water,...

It is common to feel hesitant about filing for bankruptcy – whether due to social stigma or a lack of awareness of one's financial situation. In any case, failing to notice the clear warning signs for bankruptcy can become a costly mistake in New Jersey. Here are...

Filing for bankruptcy in New Jersey can bring relief when debt becomes unmanageable. However, you might worry about a parent, spouse or friend who helped you qualify for a loan. A bankruptcy discharge may eliminate your personal responsibility for a qualifying debt,...

There are many reasons why people see bankruptcy as a last resort if they’re facing overwhelming debt. While it’s a big step that requires careful consideration, it’s crucial to separate fact from fiction so you can make a decision that is based on what’s in your...

People often put off filing for bankruptcy because they view it as a sign of financial failure. Unfortunately, this misconception keeps them from seeking relief when they need it the most. The reality is that bankruptcy is a legal tool that allows individuals and...

Ridding yourself of your debts or being permitted to restructure them in a way you can handle is the prime aim most people have when they file for bankruptcy. That financial boost alone makes it a valid choice for many. Yet, other benefits often come when a court...

Individuals diagnosed with cancer often face lengthy courses of treatment. Cancer treatments range from surgery, chemotherapy and radiation to cutting-edge immunotherapy treatments that help the body fight the cancer on its own. For many people with cancer, the first...

Bankruptcy often happens for a variety of reasons. One of the top causes that studies have identified is medical debt. Many bankruptcy filers may also have other types of debt, such as credit card bills or car loans, but medical debt makes up a significant portion of...

The holiday season can be particularly challenging when you are experiencing financial difficulties. With courts on limited schedules and many businesses closed, does bankruptcy’s automatic stay continue to protect debtors during holidays? Knowing how this protection...

Even with the best intentions and strategies, businesses sometimes face financial collapse. When cash flow dries up, debts mount and survival seems impossible, the word “bankruptcy” can feel like a personal failure.  As daunting as it may feel, one of the most...