Bankruptcy Law

Let's say you have a home in Northeast Philadelphia Pennsylvania and a vacation home in Margate New Jersey or a commercial property in Cherry Hill New Jersey. Should you file in Philadelphia Pennsylvania or can you file in New Jersey as well. 28 USC section 1408 says...

In order to proceed with a bankruptcy, federal, state and local tax returns that were required to be filed must be filed for the last four years in a Chapter 13 and for the last year in a Chapter 7. In other words, if you did not make enough income to file a tax...

The Law Office of Robert Braverman, LLC has recently opened a law office at 200 Campbell Drive, Willingboro New Jersey to better serve the individuals and businesses of Willingboro and nearby cities such as Westampton, Willingboro and Burlington City, NJ....

Personal bankruptcy filings have dropped by 50-percent over the past six years. There are a number of reasons for this decline in bankruptcy filings. Unemployment is down which is typically a factor. In addition, according to ABC, (Margot Kim...

Most people realize that when a bankruptcy is filed, the automatic stay stops most lawsuits against the debtor. However, there are exceptions under Section 362(b). For example, a lawsuit can proceed against someone that filed bankruptcy in order to establish...

When the Bankruptcy Code was amended, one of the purposes was to make it more difficult for high income earners to eliminate their debt in a Chapter 7 bankruptcy. As a result, sections were added to the Bankruptcy Code which essentially  add some limitations on...

Whether you are from Pennsauken NJ or Cherry Hill New Jersey or Northeast Philadelphia Pennsylvania, individuals often come into my office and ask the same question. Am I eligible to file bankruptcy? Most times individuals are eligible to file bankruptcy. There are...

The bankruptcy code requires that a Trustee appointed by the US Trustee's office conduct a meeting of creditors. In a simple Chapter 7 or Chapter 13 meeting of creditors, typically no creditors appear. Business bankruptcies are more likely to have creditors appear. At...

A number of large retailers with stores in New Jersey have filed for bankruptcy in 2016.  Bob's Stores with locations in Freehold, Springfield Twp, and Totowa, New Jersey filed in April 2016.  Golfsmith with locations in Mount Laurel, New Jersey filed in...

Wednesday December 7th, 2016 the U.S. Supreme Court heard arguments in the case Czyzewski v. Jevic Holding Corporation (a Delanco, NJ based company). http://www.nytimes.com /2016/12/06/ business/dealbook/ supreme-court-case- has-bankruptcy-...