The increase in exemptions available in New Jersey to protect the equity in your home has made it easier to keep your home in a Chapter 7 Bankruptcy. As of April 1, 2019 the exemption a home owner is allowed under federal exemptions, which are used in New Jersey,...
Month: May 2019
Exceptions to the Bankruptcy Automatic Stay
As a general rule when a bankruptcy is filed the commencement or continuation of lawsuits or collection matters against the debtor are automatically stopped. However, there are exceptions where the matter can continue. For example, a criminal action is not stopped by...
Can you bounce back after bankruptcy?
Filing for bankruptcy may seem scary, but it can actually be very helpful for people facing serious financial issues. Filing bankruptcy helps people in many ways, but the aftermath still can sting a bit. You might wonder what will happen after you file. How do you...