Category Archives: Bankruptcy

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Filing an Emergency Bankruptcy in New Jersey

Filing for bankruptcy is typically a process that should not be rushed. The bankruptcy process is complex, and the law requires you to completely, accurately, and truthfully disclose all debts, assets, income, expenses, and other financial information. Missing a deadline or making a mistake out of haste could create difficulty later on in your filing…….
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How Much Does It Cost To File For Bankruptcy In New Jersey?

While filing for bankruptcy tends to have a negative connotation, in reality, it serves as a great way for those struggling with money or debts to get a fresh start. But, as is the case with many things in this world, filing for bankruptcy is not free. This may make it a daunting or seemingly……
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Why Americans Are In So Much Debt

Feeling like your debt is higher than ever? You’re not alone. The Federal Reserve reports on consumer debt each month, and recent stats show that consumer borrowing has reached a new milestone. Americans are diving deeper and deeper into the red as consumer debt just crossed the $4 trillion mark for the first time ever…….
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Bankruptcy and Debt Collection Lawsuits

When you have unpaid debts, creditors may resort to pursuing a lawsuit against you in an attempt to collect. Not all creditors have the option of pursuing this legal remedy, but in many cases, the creditor can obtain a judgment against you that may include wage garnishment. Debt collection lawsuits begin when the collection agency……
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The Rise in Elderly Bankruptcy

When you’ve gotten buried under piles of unpayable debt, one legal remedy is to file for bankruptcy status. Put plainly, bankruptcy means that you have been deemed legally unable to pay certain debts to creditors. This solution is often seen as a last resort for debtors, but in many cases, it is an effective solution……
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