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...
chapter 7
Can equity be the reason I keep my home in bankruptcy?
Property exemptions differ depending on whether you file for Chapter 13 or Chapter 7 bankruptcy in New Jersey. Chapter 13 exemptions are not as strict, are higher and more flexible than if you were to file for Chapter 7. However, some homeowners cannot resist filing...
Seeking a fresh financial start
Like many New Jersey residents, you may feel trapped under a heavy weight of financial debts that makes it impossible to go about your daily life without constant worry. After receiving yet another call from a debt collector, you may wish for a fresh financial start...
Qualifying for a mortgage after bankruptcy
If you are overwhelmed by debt, then a Chapter 7 bankruptcy may offer you a good chance to not only cease any activity that your creditors in East Orange have taken against you, but also allow for the chance to re-establish yourself financially. This latter benefit...
Can you file bankruptcy due to student loan debt?
If you have high student loan debt in New Jersey and are struggling to pay your monthly bills, you may be thinking bankruptcy is your only option. Unfortunately, bankruptcy does not discharge student loans except under extreme circumstances. However, if you have...
Preparing for Chapter 7 bankruptcy
If you are thinking about filing for Chapter 7, you could have a number of questions on your mind, especially if this is your first time filing for bankruptcy or you have not carefully reviewed the ins and outs of this route. Of course, it is crucial to explore all of...
Charlotte Russe the latest retail giant to fall
As the world becomes more technology-based and many retail sales are starting to take place online, the future of brick and mortar stores is beginning to look quite bleak. New Jersey is no exception as several retail stores have had to shutter their doors because of a...
Understanding the Chapter 7 means test
Many in East Orange may make a lot of incorrect assumptions about personal bankruptcy. Chief among them may be the notion that any bankruptcy case will make one's debts simply go away. Yet the reasons for this assumption is understandable; after all, with a Chapter 7...
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 constitutes debt collection harassment?
If you struggle with debt in New Jersey, you may get calls from your creditors or from collection agencies trying to get payment on your debt. Sometimes these calls may begin to feel like harassment, especially if you have already explained your situation. While the...