Category Archives: Bankruptcy

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Can I File Bankruptcy Without My Spouse?

Sometimes both partners within marriage are facing financial challenges, while other times one has racked up significant debt on joint accounts that affect both partners. It’s important to know that married couples have the option to file bankruptcy together, but they’re not obligated to do so. How To File Bankruptcy When Married If you’re contemplating……
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The 3 Types of Creditor Claims in Bankruptcy

Filing for bankruptcy is an option many people take when they need to free themselves from financial hardship and get a fresh start. It’s not for everyone, but it’s more than helpful for those who qualify. When filing for bankruptcy, it’s important to know how the courts will treat your debts. When it comes down……
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4 Criteria For Tax Debt To Be Dischargeable Under Bankruptcy

Many people who struggle with their finances and debt also struggle with tax debt. It’s very common for people to turn to bankruptcy as a solution to their tax problems. Although bankruptcy can help with many types of tax issues, it cannot solve all tax debt problems. Knowing how bankruptcy works when it comes to……
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Senior Citizens and Bankruptcy in NJ

More elderly Americans are looking to bankruptcy for relief, especially because of the rising costs of healthcare. Despite there being advantages for senior citizens over other debtors, that does not necessarily mean that bankruptcy is the right choice. The degree to which bankruptcy can help a person varies on a case-by-case basis. You might stand……
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5 Bankruptcy Myths Debunked

In the world of finance, “bankruptcy” is the big bad “B” word that most people try their hardest to avoid. The word carries a social stigma, as though it’s the last resort before going completely broke. Ironically, bankruptcy is a financial strategy. In some cases, it can be a person’s best option. How did bankruptcy……
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