Blog
- Discharging Medical Bills in Bankruptcy
Jun 6, 2023
Permanently Eliminating the Obligation to Payment Medical Debt You’ve been seriously injured in a slip and fall or motor vehicle accident, and your insurance company won’t cover all the costs of your medical care. As a consequence, your medical bills are mounting and you’ve started receiving harassing phone calls and letters from medical providers. It’s a far-too-common occurrence. Statistics show that millions of Americans incur substantial unreimbursed medical expenses every year, and that many of...Read More - Factors to Consider before Filing for Bankruptcy
Jun 6, 2023
Helping You Decide Whether to Seek Protection You’ve suffered an injury or you have an illness. Maybe you can’t work or you’ve incurred thousands of dollars in medical bills that your insurance company won’t reimburse. You’ve tried to work out agreements with your creditors, but they are unwilling to meet you halfway. Is bankruptcy your next step? What factors should you consider before seeking the services of an experienced bankruptcy lawyer? What Financial Resources Do...Read More - Choosing between the Federal and State Bankruptcy Exemptions
May 15, 2023
Making the Right Decision in a New Jersey Chapter 7 Bankruptcy Filing When you qualify to file for protection under Chapter 7 of the American bankruptcy laws, you’ll have the right to permanently rid yourself of many of your debts. In exchange, though, you’ll be required to relinquish some of your assets to the bankruptcy court. The court will then sell those assets and distribute the proceeds to your creditors. Under both state and federal...Read More - The Advantages of Filing a Chapter 13 Bankruptcy
May 15, 2023
How a Debtor’s Reorganization Can Help You Get a Fresh Start You’re struggling to make ends meet and have been considering filing for bankruptcy protection. You’ll generally have a couple of options—the discharge of debt through a Chapter 7 filing and the restructuring of your obligations under Chapter 13. Why would you choose a Chapter 13 petition over Chapter 7? What benefits are available under Chapter 13? Keeping Your Property The most compelling reason for...Read More - Property that Can Be Protected in a Chapter 7 Bankruptcy
Apr 15, 2023
Minimizing the Loss of Property in a New Jersey Liquidation Proceeding When you file for protection under Chapter 7 of the bankruptcy laws, you have the right to permanently discharge certain debts, so that you’ll never have to make payments on them again. In exchange for that benefit, the law requires that you transfer some of your assets to the bankruptcy court, to be sold to provide some compensation to your creditors. You won’t have...Read More - Debts that Are Difficult to Extinguish in a Bankruptcy Filing
Apr 5, 2023
Making Certain You Get the Maximum Benefit from a Bankruptcy Petition You’re struggling to meet your financial obligations, whether because of the loss of a job, an unexpected illness or other personal crisis. When you compare your two primary options—Chapter 7 and Chapter 13—the ability to permanently discharge debts in Chapter 7 can be very appealing. It’s important to understand, though, that some debts cannot be discharged under any circumstances, while others may only be...Read More - Dispelling the Myths Surrounding Bankruptcy
Mar 12, 2023
Debunking the False Information about Your Rights under Chapter 7 and 13 You’ve lost your job or you’ve been hurt and can’t work. You’re falling further behind in virtually every financial obligation and there are no realistic prospects for a change of fortune. You’ve been considering seeking protection under the American bankruptcy laws, but you’ve been scared off by a lot of the things others are telling you— That you’ll be left with nothing That...Read More - What is the Automatic Stay in Bankruptcy?
Mar 3, 2023
How Does It Protect You? When Does It Go Into Effect? What Happens If It Is Violated? When you’re struggling to meet your financial obligations, whether as a result of an injury or illness, the loss of a job, or a divorce, one of the most difficult challenges you’ll face is the virtual barrage of phone calls, letters, emails, text messages and other communications from creditors. You can find it difficult to go to the...Read More - When You Might File for Chapter 13 Reorganization
Feb 3, 2023
The Reasons for Choosing Chapter 13 Over Chapter 7 If you’re struggling to make ends meet and have concluded that your best way forward is through the filing of a personal bankruptcy petition, a Chapter 7 may seem like the best choice. After all, with a Chapter 7 petition, you can permanently rid yourself of any obligation to repay a debt. There are, however, situations where you may be forced to choose a Chapter 13...Read More - Chapter 7 Bankruptcy Petitions
Feb 2, 2023
What Is a Chapter 7 Filing? What Restrictions Apply to Chapter 7? Life has thrown you a curve. Maybe you’ve been hurt in an accident or you’re suffering from a serious illness, making it difficult or impossible for you to work. Maybe the effects of the pandemic have finally hit your employer and you’ve lost your job. Maybe your marriage has fallen apart and you’re facing the prospects of divorce. A personal bankruptcy filing can...Read More