Although bankruptcy is a system intended to protect individuals and businesses from financial hardship, the law also includes many protections for financial institutions and those owed money by people seeking a discharge.
Bankruptcy Law
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?”
The treatments you need for cancer can lead to bankruptcy
Modern medicine has drastically improved the treatments available for those struggling with cancer. From newer and more aggressive chemotherapy treatments to immunotherapies and gamma knife operations, there are a host of tools available to fight cancer today that can...
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...
How long does a bankruptcy stay on your record?
Bankruptcy can offer you relief from the overwhelming burden of debt, but it can also impact your finances. Record of a bankruptcy filing will remain on your credit report for years, and the filing will be considered in calculating your credit score. As a result, it...
The CARES Act and Bankruptcy
In response to the financial impact of the Coronavirus, Congress passed the CARES Act which provides individuals and businesses various forms of relief, such as stimulus checks and increased unemployment. The CARES Act also includes provisions that specifically impact...
Small Business Bankruptcy and Stay at Home Orders
As Stay at Home Orders continue because of Covid 19, Small Businesses will continue to be hit hard financially. Whether your business is a Salon in Cherry Hill New Jersey closed completely, a restaurant in Maple Shade New Jersey whose business has been reduced to...
Bankruptcy and the Coronavirus
The coronavirus ( COVID 19 ) has had an impact on bankruptcy and the bankruptcy courts just like it has had an impact on all aspects of life. However, bankruptcy remains a viable option to deal with its impact on financial circumstances both during and after the virus...
Don’t forget to take post Bankruptcy filing Money Management Course
Don't forget to take post filing Money Management Course. A lot of people filing bankruptcy are aware of the need to take a credit counseling course before they can file bankruptcy. Typically it is taken on line or by telephone. However, you should be aware of the...

