Chapter 13 bankruptcy offers individuals a way to reorganize their debts and create a manageable repayment plan. However, not everyone qualifies for this type of bankruptcy. Income requirements To qualify for Chapter 13 bankruptcy, you must have a regular income that...
When you discover your dream home, you may wonder if there are ways to gain the upper hand in the competitive real estate market. One creative method you can use to stand out from the crowd involves crafting a personal love letter to the home seller, expressing...
Divorce can bring many uncertainties, especially when it comes to finances. Your biggest concern might understandably be whether you will lose your retirement savings. The answer depends on several factors, including the type of retirement account and when you...
Medical expenses can pile up quickly and become overwhelming, especially if you face a major illness or injury. In New Jersey, if you struggle with substantial medical debt, filing for bankruptcy might be a solution to consider. Both Chapter 7 and Chapter 13...
Divorce often stems from relationship and personal challenges. Understanding the common causes can provide valuable insights into what could help a couple before a divorce occurs. Communication issues Effective communication is crucial for a healthy relationship. Not...
When a company goes bankrupt, it affects more than just its operations and finances. Employees who rely on pension plans for their future can face significant impacts. Understanding how bankruptcy affects pension plans can help workers protect their retirement...
There are numerous expenses people have to cover as real estate transactions unfold. Obviously, those buying a new home have to pay the purchase price that they offered the seller in full. For the vast majority of people buying property in New Jersey, a mortgage is...
Filing for divorce is a significant life decision that requires careful planning and preparation. Understanding the legal and emotional aspects can help you navigate this challenging period. Understand the legal requirements Before filing for divorce, familiarize...
Prenuptial agreements, commonly known as prenups, are contracts made before marriage that outline the division of assets and financial responsibilities during divorce. While they can provide clarity and protection for both parties, some circumstances may lead one...
Some people hesitate to file for bankruptcy due to fears that it will make it harder to take out loans or apply for new credit cards. You may also worry that bankruptcy will negatively impact your life insurance or your ability to obtain it in the future. In reality,...
