You Deserve A Fresh Start
If you’re considering bankruptcy as the best way to get out from under an ever-growing mountain of debt, you’ve likely been doing some research. Reading about bankruptcy law and the process that’s involved can feel like trying to navigate a foreign language. Further,...
When you file for bankruptcy in New Jersey, whether it's Chapter 7 or Chapter 13, a powerful legal tool called the automatic stay immediately goes into effect. It stops most creditors from trying to collect debts from you. This gives you some much-needed breathing...
Debt is a reality for many people, either due to miscalculation or unforeseen circumstances they couldn’t anticipate. Responsible debt collection is a legitimate practice used by lenders to acquire what they are owed. However, there are times when debt collectors can...
For many individuals, a car is far more than just a convenience. It is a necessity—a means to commute to work, run errands and manage daily life. Unfortunately, for those grappling with debt, the prospect of losing such an essential asset is real. Losing one’s way to...
Millions of people in the U.S. rely on credit cards. They can be a useful tool when emergency expenses come up. Nonetheless, the debt accrued on credit cards must be paid back, often with significant interest. Credit cards are a common source of debt and they can...
When considering the benefits of bankruptcy, having a solid preparation plan can make all the difference. Working with a seasoned bankruptcy attorney helps you explore all debt relief options and determine whether Chapter 7 or Chapter 13 is your best path forward....
Dealing with overwhelming debt can be incredibly stressful. You may find yourself constantly bombarded by calls and letters from creditors and collection agencies. This harassment adds to the pressure of an already challenging situation. Filing for bankruptcy can...
Financial difficulties can be extremely stressful, and the thought of filing for bankruptcy may seem just as overwhelming. Unfortunately, this causes many to put off filing, meaning that things may only get worse. If you need more reasons to stop thinking about filing...
We talked earlier this year about the Biden administration’s plan to remove medical debt from Americans’ credit reports. As we noted, the Consumer Financial Protection Board (CFPB) has been working on a new rule that would implement that change. Currently, the CFPB...
One of the reasons people delay filing for bankruptcy is the impact it has on credit. People generally lose their revolving lines of credit and see their credit scores drop by three points when they initially file. However, those drastic consequences are only...
