However, having now filed and completed a number of SubChapter V bankruptcies in both Southern New Jersey and Philadelphia Pennsylvania, it has become apparent that the goal was accomplished.
Law Office of Robert Braverman, LLC
McDowell Law Equal Justice Award
Your knowledge and experience with Chapter 13 and Chapter 7 benefitted your clients
A CORPORATION OR LLC MUST USE AN ATTORNEY TO FILE BANKRUPTCY
The Bankruptcy Judge issued an Order to Show cause indicating that the Cherry Hill company’s bankruptcy case would be dismissed if the required documents were not filed. In addition, the debtor needed to hire an attorney.
Chapter 13 Can Save Homes As New Jersey Mortgage Moratorium Ends
As a result of the Coronavirus, New Jersey imposed a mortgage moratorium to temporarily stop mortgage foreclosures from proceeding to help people keep their homes. However, on November 15, 2021 that moratorium ended. As a result, foreclosures can again proceed....
Is it Possible to Have Too Much Debt to File a Chapter 13 Bankruptcy?
So what happens if your debt exceeds those limits? You can still file a chapter 11 bankruptcy to deal with the debt. A chapter 11 is more expensive and more complicated, but it generally allows you to accomplish the same thing.
Some Private Student Loans may be Discharged in Bankruptcy
Some Private Student Loans may be Discharged in Bankruptcy.
Can Bankruptcy Eliminate Debt If Judgment Already Entered?
Can Bankruptcy Eliminate Debt If Judgment Already Entered? In most circumstances the answer is yes.
CAN I ELIMINATE TRAFFIC FINES IN BANKRUPTCY IN NEW JERSEY?
Certain types of claims, such as child support, student loans and other things as well as fines are not dischargeable…However, it is worth noting that in New Jersey, surcharges can be discharged
USING CHAPTER 13 TO PAY REAL ESTATE TAX LIENS
Generally the tax lien purchasers will not accept from the homeowner monthly payments but only the entire balance owed. That is where a Chapter 13 can be used. It would allow you to pay the back real estate taxes over 3 to 5 years.
SMALL BUSINESS CHAPTER 11 BANKRUPTCY
If a small business files for bankruptcy and does NOT specifically elect to be a Subchapter V bankruptcy then it will automatically be a Small Business Bankruptcy under the prior existing law.