Chapter 7 Bankruptcy

Typically, someone can keep all of their property in a chapter 7 New Jersey bankruptcy without the trustee selling any property. The loss of any property by way of the sale by a trustee is very unusual. Also, prior to filing a chapter 7 the person filing (debtor) should know, based on the value of … [Read more...] about What Happens If I Own Valuable Property Jointly With A Non-Filing Chapter 7 Debtor in NJ?

Every debtor must complete a financial management course and file the appropriate documents with the court, regarding such course, no later than 60 days after the initial date of the first scheduled Meeting of Creditors' Hearing. The course takes about 2 1/2 hours and may be completed online or by … [Read more...] about 11. Objection of a New Jersey Chapter 7 Bankruptcy Discharge

Every debtor must complete a personal financial management course, that is provided by a New Jersey Bankruptcy Court approved credit counseling company. The course must be completed, with a certification filed with the court, within 60 days from the date of the first scheduled Meeting of Creditors' … [Read more...] about 10. Objection of a New Jersey Chapter 7 Discharge

A debtor may personally request that the bankruptcy discharge be denied by executing a written waiver that is approved by the court. This is extremely unusual. Typically, an individual would only agree to such a waiver if they believed that the court would not have granted them a discharge.  For … [Read more...] about 9. Objection of a New Jersey Chapter 7 Discharge

Prior Chapter 7 Discharge A debtor is not entitled to a chapter 7 discharge, if he has received a chapter 7 discharge of a prior chapter 7 case that was filed less than 8 years before the filing of the subsequent case. The time is measured from the date on which the prior case was filed with court … [Read more...] about 8. Objection of a New Jersey Chapter 7 Discharge

Some of our previous posts in the series stated certain acts or behavior of a debtor that may cause a person to file an objection to a chapter 7 discharge, which could possibly result in the denial of a discharge.  A general description of these acts or behavior include the debtor's failure to … [Read more...] about 7. Objection of a New Jersey Chapter 7 Discharge