Even after people decide to file for Chapter 13 bankruptcy, they may still have many questions about the process. There are a few things people have to do to begin the bankruptcy process. According to Nerd Wallet, people have to attend credit counseling. During these...
Marriage and finances are often a tricky thing, in New Jersey and elsewhere. Some couples keep their money separate and split bills and living costs while other couples integrate their money in joint accounts and pay for everything together. As the Administrative...
When you decide to file for personal bankruptcy, you may be working through your options and figuring out the differences between Chapter 7 and Chapter 13 filings. The two types have some fundamental differences, and not everyone is an eligible candidate for both...
When you choose to file bankruptcy, the first step you have to take is to decide which type of bankruptcy to file. This decision depends on your financial circumstances. Chapter 11 and 13 may seem very similar, and they do have some similarities. You may choose to...
Many people view the need to file bankruptcy as a failure, but the reality is that life happens. Unexpected medical expenses, job loss, unplanned emergencies and other factors can all contribute to debt. For many people, the debt becomes too much, and they must ask...
Consumers may have doubts or fears about filing for bankruptcy even in the face of rapidly mounting debt. There may be particular concern about losing all their property and having to start over with nothing. Taking all of a consumer's property is not the goal of...
One of the most terrifying aspects of filing for bankruptcy is losing everything you own just to start over again. For some people, they look forward to the purge. Most people dislike the idea of giving up everything they worked so hard to build and would much prefer...
During your Chapter 13 bankruptcy repayment plan, your financial situation is much simpler because most of your monthly expenses will consist of a single payment to the bankruptcy trustee. Not only that, but this payment is also based on what you can afford. The New...
In the period leading up to your bankruptcy filing, you may be subject to increasing creditor contact. Creditors trying to recoup a debt are often relentless in their pursuits, which causes the debtor a great deal of stress. As an important part of the bankruptcy...
If you had to file for Chapter 7 bankruptcy, chances are you know it will affect your credit. Though some of your outstanding balances reduce to zero, those debts are technically unpaid, and your credit is still affected. The bankruptcy itself stays on your credit...
