Category Archives: Bankruptcy

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Should I File For Bankruptcy?

If you are in over your head in debt, it’s likely that the idea of filing for bankruptcy protection has crossed your mind. In some situations, you don’t have many choices. In others, however, you may – at least temporarily – be able to convince creditors to extend your terms or some other compromise. After……
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Bankruptcy: A Good Step Toward a Fresh Financial Start

If you are in over your head financially, you are most certainly not alone. 2013 was a record year for personal bankruptcy filings in New Jersey. You may even know some people who are no longer receiving those harassing phone calls from creditors – because they decided to file for bankruptcy protection and are now……
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Underfunded Pensions in PA May Lead to Bankruptcy

Pennsylvania’s underfunded public pensions may soon become a nightmare for the Keystone State’s taxpayers, if it hasn’t already gotten there. Based on 2011 data accrued by the Pennsylvania Employee Retirement Commission, 573 of the state’s 1,218 municipalities have underfunded budgets, totaling more than a $6 billion deficit. In addition, two of the state’s pension plans……
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Actress Files for Chapter 7 Bankruptcy

It is estimated that about half of the marriages in the United States will ultimately end in a divorce.