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Cherry Hill Bankruptcy Blog
What happens if you miss a Chapter 13 bankruptcy payment?
if you have a legitimate financial emergency that prevented you from paying, the court typically will allow you time to catch up or restructure your payments
How often can you file for bankruptcy?
If you have a bankruptcy in your background but are in financial trouble again, you may be wondering if you can pursue a bankruptcy now. Depending on the circumstances, it may be possible to go into bankruptcy again if enough time has passed. There is technically no...
A CORPORATION OR LLC MUST USE AN ATTORNEY TO FILE BANKRUPTCY
The Bankruptcy Judge issued an Order to Show cause indicating that the Cherry Hill company’s bankruptcy case would be dismissed if the required documents were not filed. In addition, the debtor needed to hire an attorney.
How do you decide if Chapter 7 or Chapter 13 bankruptcy is best?
Chapter 13 Bankruptcy can be used to pay missed mortgage or car payments over time
When can you file for bankruptcy after a previous discharge?
Federal laws do limit what kind of bankruptcy you can file based on your economic circumstances and also how frequently you can file.
When will your bankruptcy come off of your credit report?
The misinformation people share about bankruptcy might prevent someone coping with unsustainable levels of debt from filing. Common myths about bankruptcy include the idea that you lose all of your property and that you will never be eligible for credit again. Some...
Why do you need to pass a means test for Chapter 7 bankruptcy?
There are many different kinds of bankruptcy, but the average individual will likely choose between Chapter 13 bankruptcy and Chapter 7 bankruptcy. Both of these forms will provide an automatic stay to temporarily stop collection activity. If successful, both Chapter...
What is an automatic stay, and how can it help you?
If you are in debt, one of the things that you may want to do is to go into bankruptcy. Bankruptcy can be helpful since it gives you time to get your finances back in order and allows you to use legal protections to pay off and discharge certain debts. When you are...
Chapter 13 Can Save Homes As New Jersey Mortgage Moratorium Ends
As a result of the Coronavirus, New Jersey imposed a mortgage moratorium to temporarily stop mortgage foreclosures from proceeding to help people keep their homes. However, on November 15, 2021 that moratorium ended. As a result, foreclosures can again proceed....
