Category Archives: Bankruptcy

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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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Disadvantages Of Filing For Bankruptcy Without An Attorney

If you’re filing for bankruptcy, then you’re probably dealing with some financial struggles. At this point, it might seem counter-intuitive to pay for an attorney when you’re already pinching pennies. Under the laws of bankruptcy, you’re not actually required to use an attorney to file for bankruptcy. You have the ability to represent yourself in……
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Avoiding Debt Settlement Scams

We are all facing uncertain times during this global pandemic. Some people may have had their hours reduced or perhaps have lost their jobs entirely. As it stands, there are plenty of companies out there that people who are struggling financially can reach out to in order to file for bankruptcy or help get their……
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How The CARES Act Will Change Bankruptcy

Last Friday, March 27, 2020, President Trump signed the Coronavirus Aid, Relief and Economic Security Act, also known as “CARES”. You have probably heard about the stimulus checks to individuals and families. One of the parts of the law that many people don’t know is that the law provides changes to the US Bankruptcy Code…….
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