It takes a lot of courage for a person to file for bankruptcy and realize that it may be time to get some help. Filing for personal bankruptcy can have a significant impact on one's future, so making the decision should not be taken lightly. Before a person makes the...
Law Office of Robert Braverman, LLC
Can filing for personal bankruptcy help prevent foreclosure?
Due to the recession, many people have fallen into debt trying to make ends meet. Many New Jersey residents are in fear of losing their homes and being headed for foreclosure. Though many do not realize it, filing for personal bankruptcy may be a way for homeowners to...
Revel Casino files a second time for Chapter 11 bankruptcy
Gambling is generally thought of as a time to have fun, but to others, a casino is no laughing matter. Revel AC Inc. in New Jersey has filed for bankruptcy twice since it opened in 2012. Much of the strain is being caused by patrons visiting nearby casinos in...
New Jersey Chapter 12 Bankruptcy for Family Farmers and Fisherman
Chapter 12 was enacted in to make the bankruptcy process easier for farmers and fisherman. While Chapter 11 can be an option, there are advantages in filing a Chapter 12. Those advantages include allowing a Plan of Reorganaization which is generally simpler...
Somerset Hills works on restructure after filing for Chapter 11
Children with severe disabilities who did not fit into the public school system were able to turn to Somerset Hills to learn and be treated. The New Jersey center consisted of a school for disabled children and a center for treating related illnesses. The center has...
Simple steps for debtors to avoid filing for personal bankruptcy
Many people cannot bypass getting into debt at some point in their lives. Families in New Jersey and across the United states are saddled with more than $7,000 in credit card debt on average, plus the debt from mortgages and student loans. In cases where the debt is...
What is Chapter 13 and how does it work?
Throughout the United States, a significant number of people have fallen into the credit card debt and feel that they have no way out. Creditor harassment can pile additional stress onto New Jersey families, only making matters worse. There are several different...
Crumbs Bake Shop files for Chapter 11 with a sweet ending
When crazes happen, smart business owners jump on board and capitalize on the new fad. As the fad slowly begins to fade or the industry changes, the companies that were part of the fad may begin to feel the effects and lose money in their business. New Jersey...
When is filing for Chapter 7 bankruptcy a good choice?
During hard times, many people are faced with the decision as to what they should do when the bills are piling up and there is not enough money to pay them. The harassment from collectors may soon prove to be too much and may cause someone to begin to consider other...
Quiznos surfaces from Chapter 11 bankruptcy protection
Many people associate filing for Chapter 11 bankruptcy protection with negative connotations; however, it can be a great way for a company to survive the recession. Due to the economy and a lack of discretionary income, many New Jersey businesses may have taken a hit...

