Some readers n New Jersey may be familiar with the name of state Assemblyman Robert Schroeder. He is at the center of a personal bankruptcy cases here in our state. The Chapter 7 case was an involuntary bankruptcy filed by several of the assemblyman's...
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Chapter 7 bankruptcy comes to man running for political office
Of the many reasons that people in New Jersey decide to file for a personal bankruptcy, one of the best is to repair their finances. In fact, by seeking a Chapter 7 bankruptcy, many find that they are able to rebuild fallen credit ratings and restart businesses. This...
New Jersey personal bankruptcy includes asset disclosure
Readers in New Jersey have likely heard of the recent filing of a bankruptcy by a major city in our nation. What they may not have considered is that there are many similarities between that filing and those of individuals in our state filing a personal bankruptcy. In...
New Jersey personal bankruptcy requires info disclosure
Many readers in New Jersey are aware that the filing of a bankruptcy requires disclosure of financial materials. In fact, in each personal bankruptcy that is filed, an individual must offer information as to their income, assets and debts. Unfortunately, one recent...
New Jersey Chapter 13 bankruptcy can offer relief to many
The rules that apply to the filing of a personal bankruptcy can be confusing to some in New Jersey. This is because the rules relate to not only what property can be maintained after the process is complete, but also to which chapter of the code may be used by an...
Chapter 7 bankruptcy allows for debt discharge in New Jersey
Toni Braxton may be a name that is familiar to music fans in New Jersey. The singer gained fame singing ballads in recent decades, even earning an estimated $754,000 recently for performances in another country. Now, she is in the news as her Chapter 7 bankruptcy case...
New Jersey personal bankruptcy often comes from medical bills
Like many people in New Jersey, others across the country believe that most bankruptcy filings come as a result of high debt amounts that accumulated when people engaged in such behavior as obtaining credit cards. However, one recent report notes, as many as three out...
New Jersey Chapter 13 bankruptcy ends listed debts when done
One of the first decisions made by people in New Jersey who find that they are unable to repay the debts that they owe is whether they should seek the protections offered by a personal bankruptcy. The second thought is which chapter of the Bankruptcy Code is best for...
New Jersey personal bankruptcy an option for those in need
Readers in New Jersey know that the recent recession was tough on people in the home building industry. As home values fell and construction rates slowed, many found that they were unable to repay the debts that they owed. This led some to seek the protections offered...
Chapter 13 bankruptcy includes review of assets in New Jersey
New Jersey readers may be interested to learn about a man who was once the co-owner of a successful paper company in another state recently filed for a personal bankruptcy. The Chapter 13 filing came after the business was sold. Reports indicate that the company sale...

