You Deserve A Fresh Start
Deciding whether to file bankruptcy is never easy. In New Jersey, where property taxes rank among the nation's highest and the cost of living continues to climb, many hardworking people find themselves wondering if bankruptcy might offer the fresh start they need....
You earn a solid six-figure income, yet you still struggle to keep up with growing debt. Between New Jersey's crushing property taxes, rising healthcare costs and expensive housing, even high earners find themselves overwhelmed by debt. Understanding how bankruptcy...
Most people do not jump straight into filing for bankruptcy the minute they first find themselves in financial problems. They generally do their best to resolve their debts some other way, for as long as possible. Once the need for a bankruptcy becomes obvious,...
Medical debt is very common for Americans. In 2024, researchers found that roughly 31 million Americans had taken on some form of medical debt. This accounted for 12% of adults in the United States. Cumulatively, they owed around $74 billion. Notably, researchers only...
Receiving a lawsuit over credit card debt can stop you in your tracks. Maybe you knew the balance was out there, or maybe this caught you completely off guard. Either way, ignoring a summons typically leads to an automatic loss. Here is what actually happens and what...
Clearing student debt through bankruptcy means proving an undue hardship. This legal rule is very hard to meet. New Jersey residents should consider other options first. Borrowers can check income-driven plans, payment pauses and federal forgiveness programs before...
When debt becomes unmanageable, many people look at their retirement accounts and wonder if cashing out is the responsible choice. Others consider bankruptcy to address the debt but worry it could permanently derail their financial future. Who is right? Although there...
If you are in serious debt, then you may be contemplating bankruptcy. Bankruptcy is a process that can help you resolve large amounts of debt. There are two common forms of bankruptcy for individual filers. You may be eligible for Chapter 7 bankruptcy to wipe away...
Credit card debt is a common reason people file for personal bankruptcy. As unsecured, non-priority debts, credit card balances are typically eligible for a discharge. People who have fallen behind on their payments due to increasing costs or a loss of income can...
Bankruptcy can be a complicated decision if you’re married. On one hand, you may see it as a necessary step toward regaining control of your finances. On the other, you may worry that it could expose your spouse to financial consequences or drag them into a process...
