Personal Bankruptcy

Most people who commute for their job have heard pitches from a debt solution company at some point on the radio. Some companies advertise consolidation, offering to let people cut the interest rate they pay on their credit card balances. Other companies may offer...

The pneumonia had taken its toll on Mary Cross. It was 2013, and the Detroit woman was struggling enough that she was admitted to the hospital. She underwent lung surgery as a result, and in the course of her treatment was diagnosed with an inflammatory disease known...

Whether an individual files a Chapter 13 bankruptcy or a Chapter 7 bankruptcy, they will be required to attend a meeting with a trustee. Although creditors are also invited they rarely attend. In southern New Jersey the Chapter 13 meetings take place in either Cherry...

Each year a number of people file for bankruptcy protection as a responsible means of getting their financial lives back on track. Across the United States, over eight hundred thousand individuals filed for personal bankruptcy in 2015 and in New Jersey that number was...

Sometimes a bankruptcy is filed after a judgement has already been entered. If the debtor owns real estate then the judgement will be a lien on the real estate. If there is not excess equity and the equity is claimed as exempt, then the judgement can be voided during...

Deciding to file a bankruptcy is a difficult decision for people for several reasons. First, many people hope to never have to file a bankruptcy. But it is also a difficult decision because people are not sure if they have reached the stage where it makes sense. Are...

As a general rule, individuals filing a bankruptcy in New Jersey, Pennsylvania and other states must complete and file a "Statement of Your Current Monthly Income," referred to as the means test. Under this test, if you make more than the average family your size in...