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New Jersey Bankruptcy Blog

What Pay Check Deductions Are Allowed In A New Jersey Bankruptcy Case?

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  NJ. Bankruptcy Lawyer Explains What Pay Check Deductions Are Permitted For a New Jersey Bankruptcy Case A debtor's projected household net (after tax) income must be less than their projected necessary and reasonable household  expenses to receive a chapter 7 discharge. The trustee reviews … [Read more...] about What Pay Check Deductions Are Allowed In A New Jersey Bankruptcy Case?

What Expenses Are Used In A New Jersey Chapter 7 Bankrutpcy Case?

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New Jersey Attorney Explains The Expenses That Are Used In A New Jersey Chapter 7 Bankruptcy Case One criteria in a New Jersey chapter 7 bankruptcy case requires the debtor's projected net household income to be less than the projected reasonable and necessary household expenses. If the income is … [Read more...] about What Expenses Are Used In A New Jersey Chapter 7 Bankrutpcy Case?

What Happens When Use Credit Card Debt To Pay Taxes In NJ. Bankruptcy

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New Jersey Attorney Explains What Happens To Credit Card Debt That Is Used To Pay Income Taxes In A New Jersey Bankruptcy Case. Typically, in a New Jersey chapter 7 bankruptcy case, unsecured debt is discharged (eliminated). If a debtor meets all of the chapter 7 criteria, the unecured debt will be … [Read more...] about What Happens When Use Credit Card Debt To Pay Taxes In NJ. Bankruptcy

Explain The New Jersey Chapter 7 Bankruptcy Case Hearing

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Attorney Explains The New Jersey Chapter 7 Bankruptcy Case Hearing. There is one required hearing for a chapter 7 bankruptcy case that is filed in New Jersey. The hearing is called the "Meeting of Creditors" or a "341(a)" hearing, which is the bankruptcy code section that requires the hearing.  The … [Read more...] about Explain The New Jersey Chapter 7 Bankruptcy Case Hearing

Consequences of Filing For Bankruptcy In New Jersey

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New Jersey Attorney Explains The Consequences Of Filing For Bankruptcy Protection In New Jersey The consequences of filing for bankruptcy protection and obtaining a discharge varies based on each person’s: intentions; assets; income; expenses; and financial position. Chapter 7 Bankruptcy After … [Read more...] about Consequences of Filing For Bankruptcy In New Jersey


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