Whether an individual files a Chapter 13 bankruptcy or a Chapter 7 bankruptcy, they will be required to attend a meeting with a trustee. Although creditors are also invited they rarely attend. In southern New Jersey the Chapter 13 meetings take place in either Cherry...
Month: January 2019
Gymboree Reported to Soon Be Filing Bankruptcy
The Wall Street journal reports that Gymboree is on the verge of filing a bankruptcy with the likely closure of their stores. Locally there are several stores including at the Cherry Hill Mall in Cherry Hill New Jersey, The Promenade at Sagemore in Marlton NJ and the...
NJ Bankruptcy Court Impacted by Government Shutdown
The New Jersey Bankruptcy Court, which is part of the Federal Court System has addressed the impact of the federal government shutdown on its official website. Specially the site notes "the Judiciary has continued to operate by using court fee balances and other...
Eliminating Divorce Obligations in Bankruptcy
A Chapter 13 Bankruptcy can eliminate obligations from a Judgment of Divorce that cannot be eliminated in a Chapter 7 Bankruptcy. Neither will eliminate domestic support obligations such as child support or spousal support. However, if there are other obligations...