The biggest difference between Chapter 7 and Chapter 13 bankruptcy is that in Chapter 13 you repay your debts based on the bankruptcy plan. If you file Chapter 13 in New Jersey, you may wonder how the court creates the repayment plan. There are a few considerations...
Month: January 2019
Can a business file Chapter 7?
Running a business can be very difficult. Whether you are just starting out or have a large company, sometimes all it takes in a downturn in sales to cause financial trouble. Recently, the news has been filled with huge, national companies filing bankruptcy due to low...
What are some foreclosure scams to watch for?
If you are facing foreclosure on your home in New Jersey, you have a lot more to worry about than losing your home. There are scammers out there who prey on people like you. They make big offers and in the end, only manage to steal your money, leaving you in sometimes...
Is bankruptcy a viable solution to your current financial crisis?
Have you ever noticed that your financial status changes along with the ever-changing events of your daily life? While the mainstream of your finances may stay the same, such as earning the same income at the same job for many years, circumstances surrounding your...
What are recent trends that are adding to personal debt?
If you are looking to exert tighter control over your expenses, it is a good idea to watch out for the latest trends in American spending that are adding to people’s personal debts. In its yearly analysis of household debt for the United States, Nerdwallet discovered...