Personal Bankruptcy

Many readers in New Jersey are aware that the filing of a bankruptcy requires disclosure of financial materials. In fact, in each personal bankruptcy that is filed, an individual must offer information as to their income, assets and debts. Unfortunately, one recent...

Like many people in New Jersey, others across the country believe that most bankruptcy filings come as a result of high debt amounts that accumulated when people engaged in such behavior as obtaining credit cards. However, one recent report notes, as many as three out...

Readers in New Jersey know that the recent recession was tough on people in the home building industry. As home values fell and construction rates slowed, many found that they were unable to repay the debts that they owed. This led some to seek the protections offered...

Communities in New Jersey, especially small and rural ones, often seek to have companies relocate to their region in an effort to create jobs and economic success for their communities. In many cases, the companies promise a great number of jobs for those who live in...

There are many reasons that people in New Jersey find that they should file for bankruptcy. Often, the reasons include the accumulation of significant amounts of personal debt related to a medical crisis. These debts can come quickly after a diagnosis and can lead to...

An art gallery that is located in another state is at the center of a case that may be of interest to readers in New Jersey. The gallery owners recently file a personal bankruptcy petition after discovering that their business, though culturally important to their...

As people in New Jersey know, it can be difficult to make ends meet when financial pressures mount. This has been true for many families in our state over the past few years as the national recession has raged on. These financial difficulties have led to an expansion...

Readers in New Jersey now that when debts become overwhelming, a person often seeks solutions. For many, this solution means a filing for a personal bankruptcy. The good news with such an action is that there are many protections offered by a bankruptcy, including...

People in New Jersey who are suffering from a high level of debt may not know that there are several different Chapters of the Bankruptcy Code. In fact, there are two that are commonly used when people in our state file for a personal bankruptcy: Chapters 7 and 13....

The bankruptcy filing of a couple from another state may be of interest to our readers in New Jersey. The couple is well known in their community because they are the Principal and CFO of a growing charter school there. The personal bankruptcy came, at least in part,...