Filing Bankruptcy after dismissal of prior bankruptcy can prevent foreclosure.Faced with the prospect of losing their home through foreclosure, individuals often turn to Chapter 13 Bankruptcy for relief. Under the Chapter 13 Bankruptcy, they can resume make their...
Law Office of Robert Braverman, LLC
Teen and women’s clothier Deb files for Chapter 11 bankruptcy
Teen retailers that do not keep up with fashion trends are very likely to have a hard time generating the revenue necessary to stay in business. Many teen clothiers are noticing a steady decline in sales due to new competitors in the market. Many shops in New...
Credit card mistakes that often lead to personal bankruptcy
During the holiday season, consumers regularly pull out their credit cards to pay for their purchases. After the holiday season is over, those same consumers will be forced to face the reality of their spending. Overspending during the holidays often pushes residents...
Legendary Renault Winery files for Chapter 11 bankruptcy
Even after hard times fall upon a community, some businesses will do whatever they can to keep their doors open. This is especially true for companies that have been in business for a long time and want to hold onto their legacy. One way for a company in New Jersey...
Makers of the drug Provenge file for Chapter 11 bankruptcy
Although business owners may have great ideas, their desired outcomes do not always come to fruition. Dendreon Corporation, the creator of Provenge, the first immunotherapy drug for people suffering from prostate cancer, has filed for Chapter 11 bankruptcy. This...
UniTek announces that it is filing for Chapter 11 bankruptcy
Any company can be prone to the effects of a declining economy. Many New Jersey businesses have been feeling the economic pressure and are behind on payments to their creditors. Filing for Chapter 11 bankruptcy can allow a struggling business to get back on its feet...
What are exempt vs non-exempt items when filing for Chapter 7?
Although it doesn't happen usually overnight, a person can wake up and realize that he or she is too far in debt to be able to financially recover without help. While many consumers rush to file for Chapter 7 bankruptcy after realizing the truth of their financial...
How fast can credit be re-established after personal bankruptcy?
Many people file for bankruptcy protection as a responsible means of getting their financial lives back on track. In New Jersey and across the United States, over 1.1 businesses and individuals filed for personal bankruptcy in 2013. The good news is that filing...
Is high medical debt the main source of personal bankruptcy?
The most common type of debt that people seem to be trapped under involves home loans and credit card debt, but medical debt issue is a significantly growing concern. According to a recent survey, 1.7 million people in New Jersey and across the United States...
Munire Furniture files for Chapter 11 bankruptcy protection
Despite a tremendous effort, some businesses are simply not able to withstand the financial challenges of the current economy. Many New Jersey businesses have suffered from decreased revenue and have felt the pressure of rising costs and increased competition....

