When you file Chapter 7 bankruptcy in New Jersey, you expect that the court will discharge virtually all of your consumer debt, including your credit card debt. For the most part this is true. However, you need to be aware that it is not necessarily true when it comes...
Month: July 2019
What is the meeting of creditors?
When you file for Chapter 7 bankruptcy, there are a host of issues that may be running through your mind. You may feel overwhelmed while attempting to complete all of the tasks required to file for bankruptcy, such as completing a credit counseling course and filling...
Which millennial financial issues concern you most?
Being one of many residents in New Jersey who are in their 30s, you likely lead a busy lifestyle that has included financial challenges at some point along the way. Perhaps striving to stay afloat financially is a constant issue in your life. If so, you're definitely...
Should you apply for a credit card after Chapter 13?
Once you have filed for Chapter 13 bankruptcy, you may feel as though you are getting back on track with your finances. Chapter 13 helps debtors set up a payment plan to repay their debt over a certain period of time. In some cases, the bankruptcy decreases the amount...
Understanding the bankruptcy means test
Unless you have previously filed for bankruptcy in New Jersey, you may have lots of questions about the process and what type of bankruptcy filing might be right for you. At Goldman & Beslow, LLC, we understand that, ultimately, whether you will be able to move...
What is an automatic stay in a Chapter 7 bankruptcy?
If you are overwhelmed by medical expenses, credit card bills and mortgage payments, you are not alone. Hundreds of thousands of Americans struggle to keep their head above water when it comes to their finances. Part of this may involve consistent contact from...