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...
Month: August 2024
Love letters and home offers: A risky proposition
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...
Will I lose my retirement savings in a divorce?
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...
Can you write off medical expenses in bankruptcy in New Jersey?
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...