Filing for bankruptcy is a complex process. You may wonder if you need to hire an attorney to file in New Jersey. While you are not required to have an attorney, the United States Courts highly recommends that you use one when filing. The process of filing is...
chapter 13
Is filing Chapter 13 better than Chapter 7?
Filing any type of bankruptcy is best avoided if at all possible, but if you find yourself in a bad situation where bankruptcy is the only option, then you may have no choice. The next consideration you have to make is which type of bankruptcy to file. There are good...
Paying priority debts in Chapter 13 bankruptcy
One of your duties as part of filing for Chapter 13 bankruptcy is to prepare a repayment plan to cover claims by your creditors. Not all debts will be treated the same, though. As the U.S. Courts website explains, some debts fall under the secured debt category, which...
What mistakes should I avoid when filing for bankruptcy?
If you feel as if you have hit rock bottom and are so deep in debt that you cannot dig your way out, you might be thinking about filing for bankruptcy. Many people in the East Orange area fall on hard times and rely on bankruptcy to give them a fresh financial start....
How does Chapter 13 bankruptcy work?
If you are considering filing for bankruptcy in New Jersey, then it is a good idea to consider your options. You have two types of bankruptcy that you can file: chapter 7 and chapter 13. Due to the latest changes in bankruptcy law, chapter 7 can be difficult to file...
Chapter 13 may help you defend against foreclosure
The idea of losing your home can fill you with a considerable sense of despair. Unfortunately, you may find yourself among numerous other individuals who face foreclosure due to falling behind on your mortgage. This type of financial struggle can affect anyone, and...