Chapter 7

Navigating Financial Challenges: The Role of a New Jersey Bankruptcy Lawyer

Introduction In today’s unpredictable economic climate, many individuals and businesses find themselves facing overwhelming financial challenges. Whether caused by unexpected medical expenses, job loss, or other unforeseen circumstances, the burden of debt can become a significant source of stress. In New Jersey, individuals and businesses struggling with insurmountable debts often turn to skilled professionals known […]

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Understanding Chapter 7 Bankruptcy in New Jersey: A Step-by-Step Guide

Introduction Bankruptcy can be a daunting and complex process, but for many individuals facing financial hardship in New Jersey, Chapter 7 bankruptcy offers a fresh start and relief from overwhelming debt. If you’re considering this option, it’s crucial to understand the process thoroughly. This step-by-step guide will walk you through the key aspects of filing

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Common Myths About Bankruptcy in New Jersey

The legal process of bankruptcy is intended to assist individuals and businesses in obtaining a new financial beginning. However, there are many common myths and misconceptions about bankruptcy that can prevent people from seeking the help they need. In this article, we will explore some of the most common myths about bankruptcy in New Jersey

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Can I Keep My Cash In A Chapter 7 Or Chapter 13 Bankruptcy?

Declaring bankruptcy has long-term financial and credit repercussions. If you are one of the many individuals laid off from work, or if you are a businessman who has no chance of regaining your company, bankruptcy is your final resort. Since Chapter 7 and Chapter 13 bankruptcy are two very distinct legal choices with different possible

Can I Keep My Cash In A Chapter 7 Or Chapter 13 Bankruptcy? Read More »

How Bankruptcy Can Help With Cars You Can No Longer Afford?

Two main types of bankruptcy are Chapter 7 and Chapter 13. These procedures help people liquidate some of their assets and pay off their debts. While chapter 7 generally involves selling some of your assets, chapter 13 is focused on paying off other debts. If you own a car, the vehicle may be affected by

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Can I Discharge a Loan I Used to Start a Business in New Jersey?

Have you ever taken the time to notice how many small businesses close their doors while major corporations always manage to stay financially comfortable? Consider a specific scenario: when an individual was given a bank loan to start their business in New Jersey.  An unexpected hurdle hindered them from paying off the remaining balance of

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I Am Behind On My Mortgage Payments – Can I File For Chapter 7 And Walk Away?

Paying a mortgage for your house is a monthly obligation. However, if it becomes too difficult for you to pay your bills, the best option is to walk away. Simply walking away from your mortgage dues, also known as defaulting, will not solve your problems. There’s a high chance that the lender will sue you

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Can Bankruptcy Filing Help Amend my Debts for Credit Card Fraud in New Jersey?

If you fall victim to credit card fraud in the state of New Jersey, it would be a hassle on your part if you have debts. A lot of the time, debt collectors will not accept your claim about being a fraud victim. Because of that, they can continue to claim that you are in

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