When you fall behind with your mortgage, the lender can file a foreclosure for the purpose of selling your home and paying the proceeds towards what you owe them. If you can afford to make your mortgage payments and pay the missed payments over 5 years, you can file a...
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Guitar Center files for Chapter 11 Bankruptcy
Guitar Center filed for Bankruptcy on November 22, 2020 in the Eastern District of Virginia. The Coronavirus has taken a financial toll on a number of large retail stores, including Guitar Center. In addition to selling guitars and other musical instruments, Guitar...
Congressman Andy Kim Wins Reelection in 3rd District in New Jersey
Congressman Kim, with local offices in Willingboro New Jersey and Marlton New Jersey will be serving his second term in Congress. Congressman Kim is a supporter of various education bills, including H.R. 770 which is the Discharge Student Loans in Bankruptcy Act of 2009
Foreclosure Sales In New Jersey Are Starting Again
If you are behind on your mortgage, now is the time to meet with an experienced bankruptcy attorney to consider your options.
Pandemic Leading to Business Bankruptcies of Companies Large and Small
The pandemic has had a devastating impact on a number of businesses large and small. Some have been forced to file Chapter 7 and close their doors forever. Some have filed Chapter 11 in an effort to reorganize. Certain industries have been hit harder than others....
McDowell Law PC Bankruptcy Case Issue Before Supreme Court In October 2020
Daniel Reinganum, Esquire an attorney at McDowell Law, PC in Maple Shade New Jersey argued in bankruptcy court that when a debtor files for bankruptcy after their vehicle has been repossessed but before it has been resold, the creditor must return the vehicle without...
Do I really need a lawyer to file a bankruptcy in New Jersey?
On multiple occasions I have been asked the question, “do I really need a lawyer to file a bankruptcy in New Jersey?”
Plan Ahead –Consult Bankruptcy Attorney before the Foreclosure or Eviction
Various moratoriums by the governors or lenders have delayed foreclosures. But eventually, those moratoriums end and if you are behind on your mortgage or rent, you are risk of foreclosure or eviction. Bankruptcy can help prevent both. Even if your Lender or Landlord...
Unemployment and credit card debt.
NJ Department of Labor is extending NJ unemployment for up to 20 additional weeks. In addition, Congress is discussing a further Stimulus package since the Federal Unemployment runs out end of July. For many people, this income is enough to cover normal living...
Brooks Brothers Group, Inc. Files for Chapter 11 Bankruptcy
Brooks Brothers Group, Inc joined a growing list of large retailers forced to file bankruptcy. The Chapter 11 Bankruptcy https://www.bravermanlaw.com/business-bankruptcy/chapter-11-bankruptcy/ was filed July 8, 2020 in Delaware. While the plan is to reorganize, Brooks...