Personal Bankruptcy

While there are circumstances where debt settlement may make sense, in most circumstances personal bankruptcy has more  advantages. For example, in most chapter 7 bankruptcies, nothing is paid to unsecured creditors. In addition, individuals in New Jersey and...

The Fair Debt Collection Practices Act can be used to stop or punish creditors and debt collectors from harassing relatives and friends. Financial struggles often make it impossible to keep up with credit cards and other bills. While bankruptcy often would help...

Rebuilding credit after filing a Chapter 7 or Chapter 13 personal bankruptcy and receiving a discharge is an important question often asked by individuals filing bankruptcy. Whether the individuals live in Cherry Hill New Jersey, Blackwood New Jersey, Mount Laurel New...

During the holiday season, consumers regularly pull out their credit cards to pay for their purchases. After the holiday season is over, those same consumers will be forced to face the reality of their spending. Overspending during the holidays often pushes residents...

Many people file for bankruptcy protection as a responsible means of getting their financial lives back on track. In New Jersey and across the United States, over 1.1 businesses and individuals filed for personal bankruptcy in 2013. The good news is that filing...

The most common type of debt that people seem to be trapped under involves home loans and credit card debt, but medical debt issue is a significantly growing concern. According to a recent survey, 1.7 million people in New Jersey and across the United States...

It takes a lot of courage for a person to file for bankruptcy and realize that it may be time to get some help. Filing for personal bankruptcy can have a significant impact on one's future, so making the decision should not be taken lightly. Before a person makes the...

Due to the recession, many people have fallen into debt trying to make ends meet. Many New Jersey residents are in fear of losing their homes and being headed for foreclosure. Though many do not realize it, filing for personal bankruptcy may be a way for homeowners to...

Many people cannot bypass getting into debt at some point in their lives. Families in New Jersey and across the United states are saddled with more than $7,000 in credit card debt on average, plus the debt from mortgages and student loans. In cases where the debt is...

New Jersey readers who are in debt know how easily debt balances can accumulate, leaving an individual facing personal bankruptcy or other difficult financial decisions. While a personal bankruptcy filing can be a viable option, it may be important to understand why...