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...
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...
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 and even...
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 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...
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...
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...
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...
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....
Filing for bankruptcy is not something you do every day. Obviously, you have made a big decision in choosing to file, and you want the process to go well. To that end, here are five mistakes that you should avoid when preparing to file bankruptcy: 1. Putting it off...
