General Bankruptcy Information

NJ. Bankruptcy Lawyer Explains When A Person May Keep their Financed Washer and Dryer In A Chapter 7. Typically, in a New Jersey chapter 7 bankruptcy case, the debtor discharges (eliminates) all unsecured debt. Unsecured debt is any debt that is not connected to any property, such as credit card … [Read more...] about Can I Keep A Financed Washer and Dryer in a New Jersey Chapter 7?

  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?

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

Lawyer explains how welfare and social security debt and benefits are treated in a New Jersey bankruptcy case. In many instances, New Jersey debtors have debts owed to state or federal governmental agencies, that arise out of various public benefit programs. Such benefits include welfare and social … [Read more...] about What Happens to Welfare And Social Security Debt Benefits In A New Jersey Bankruptcy Case?

Bankruptcy lawyer explains how a New Jersey chapter 7 and chapter 13 bankruptcy works, with a debtor that owns a mobile home. A residence under the bankruptcy code includes real property, which is a house, or personal property that is used as a residence, such as a mobile home.The determination as … [Read more...] about Can I Keep A Mobile Home In A New Jersey Bankruptcy Case?

New Jersey Attorney Details How To Give Back A Timeshare And Eliminate the Debt In A New Jersey Bankruptcy There are many people who are very happy with their timeshare purchases. However, there are situations, whereby the enticing and aggressive marketing programs convince people to purchase a … [Read more...] about Can I Get Rid Of A Timeshare In A New Jersey Bankruptcy?