Personal Bankruptcy

There are many reasons that people in New Jersey decide that they need to file for a bankruptcy. These include the high debts that some have accumulated over the past few years during the recession. When the amount that is owed is more than a person can repay, they...

The decision to file for a bankruptcy is sometimes a difficult one for some people in New Jersey. However, many find that they are unable to repay the debts that they have accumulated. This has been especially true during the recent recession, as many individuals lost...

For some people in New Jersey, making the decision to file for bankruptcy is a stressful event. In many cases, folks in our state have spent months or even years working to repay the debts that they have accumulated. However, sometimes the best choice for an...

The results of a new study show whether or not an apology matters when it is included with a bankruptcy filing in New Jersey or elsewhere. The study looked at several personal bankruptcy filings that differed only in the inclusion of an apology. The outcome of each...

Seeking to end financial stress when amounts of debt become overwhelming is a good decision for many people in New Jersey and elsewhere, as one recent report has appropriately noted. In fact, it is said that filing for a personal bankruptcy can result in emotional as...

The good news for readers in New Jersey is that the number of bankruptcies in our state and across the nation has dropped for the past two consecutive years. In fact, a recent report indicates that the national level of personal bankruptcy filings fell by 14 percent...

Like many businesses in New Jersey, for several years a tutoring business was successful for a man in another state. However, after competition began to eat away at the market share of the business, the owner found that he was no longer able to make ends meet. This...

Many readers in New Jersey know that when they file for personal bankruptcy, control of their assets goes to the trustee assigned to their case by the court. The trustee, in some cases, can sell assets in a personal bankruptcy to gain money to repay creditors....

For the past few weeks people in New Jersey and across the U.S. have watched stunning performances by some of the best athletes in the world. The Olympic Games have offered a chance for many young people to gain fame, and to win one of the most coveted sporting events...

A recent report was released by the Consumer Financial Protection Bureau suggesting that Congress should consider changing the rules concerning the discharge of private student loan debt during bankruptcy proceedings. The current policy, based in a 2005 law, prevents...