On multiple occasions I have been asked the question, “do I really need a lawyer to file a bankruptcy in New Jersey?”
Do I really need a lawyer to file a bankruptcy in New Jersey?
read more
Personal Bankruptcy
Many debt solutions cause more problems for you
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...
What assets can I keep if I file for bankruptcy?
Many people across New Jersey and Pennsylvania fear filing for bankruptcy because they think they will lose everything they own. But there are ways to keep certain assets in bankruptcy. The key is finding the right bankruptcy path for you and properly filing with the...
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...
Mounting medical costs push thousands into bankruptcy
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...
Bankruptcy Meeting with Trustee During Pandemic
https://www.bravermanlaw.com/bankruptcy-law/personal-bankruptcy/ With Bankruptcies continuing to move forward during the Coronavirus pandemic, the questions arise relating to how the “Meeting of Creditors” is handled. In every bankruptcy case, after it is filed a...
Tips when attending the Bankruptcy meeting with Creditors
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...
Reestablishing Credit after Bankruptcy
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...
Eliminating Judgement Liens After NJ Bankruptcy
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...
Filing A Bankruptcy Should Be Considered When…
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...
