On behalf of Andrew M. Wolfenson, Esq., P.C. | Mar 3, 2020 | Chapter 7 And Chapter 13 Bankruptcy
When purchasing property, most buyers assume that the property got foreclosed, or the bank owns it. However, they do not think the property could be part of a bankruptcy. If you are looking to get such property, you need to understand the unique challenges they offer....
On behalf of Andrew M. Wolfenson, Esq., P.C. | Feb 25, 2020 | Chapter 7 And Chapter 13 Bankruptcy
If you are filing for bankruptcy in New Jersey, then you need to be familiar with chapter 7 and chapter 13 bankruptcy. The choice on which category to file depends on your income level. You are eligible to file for chapter 7 bankruptcy if you fall below a certain...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Jan 31, 2020 | Chapter 7 And Chapter 13 Bankruptcy
When you have lots of debt to pay off, you may struggle to stay current on rent. Your paycheck may not cover all the piling bills you have around you. You may have considered filing a Chapter 7 bankruptcy to help you deal with your debt. But what happens to your...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Jul 18, 2019 | Chapter 7 And Chapter 13 Bankruptcy
Most people would not like to deal with phone calls, e-mails or notices from debt collectors, but they’re more common than people might realize. Harassment by debt collectors causes intrusion into people’s personal lives, breakups families, loss of jobs...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Jun 20, 2019 | Chapter 7 And Chapter 13 Bankruptcy
One of the basic objectives of bankruptcy is to provide a new start for debtors. If you’re planning to file for bankruptcy, then you must understand the whole process. The role of a bankruptcy trustee is one important subject that raises many questions in...
On behalf of Andrew M. Wolfenson, Esq., P.C. | May 9, 2019 | Chapter 7 And Chapter 13 Bankruptcy
Many people in New Jersey may not want to apply for a loan because of the penalties that may arise if they default. Sometimes, a debt obligation is unavoidable, like those that are incurred in a medical emergency. Considering the troublesome nature of medical...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Apr 11, 2019 | Chapter 7 And Chapter 13 Bankruptcy
New Jersey residents who have credit card debt may be interested to know that the credit card debt rate in the United States has risen significantly. People often fail to realize the risks associated with uncontrolled borrowing and those who do not plan well may soon...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Mar 29, 2019 | Chapter 7 And Chapter 13 Bankruptcy
A number of debtors lose their houses in New Jersey by failing to pay off debt. Unscrupulous creditors may manipulate borrowers, get an order of foreclosure and dispossess the distressed debtors from their homes. It quickly becomes very necessary for debtors to avoid...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Mar 20, 2019 | Chapter 7 And Chapter 13 Bankruptcy
America runs on debt. It is something that most of us have, yet people rarely feel comfortable discussing it with people they know. If you are feeling overwhelmed by your own debt, the comforting news is that you’re not alone. According to a recent survey, more...
On behalf of Andrew M. Wolfenson, Esq., P.C. | Nov 14, 2018 | Chapter 7 And Chapter 13 Bankruptcy
It is easy to let the consumerism of the holidays reel you into its trap. Also, it feels good to give loved ones expensive gifts. But while making big purchases during the holiday season may make sense at the time, it can leave you in debt once the new year arrives....
