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...
New Jersey creditors in a bankruptcy case may be required not just to cease any actions against the debtor once the filing is made but also to take affirmative steps to put a stop to any action that is already in progress. This was the ruling of a Virginia bankruptcy...
Most New Jersey residents will acquire multiple types of debt during their lifetimes. It isn't uncommon for a person to have student loan, credit card and auto loan balances at the same time. Furthermore, many people will have a mortgage or rent payment in addition to...
Consumers spend billions of dollars on Black Friday and Cyber Monday every year. Most people in New Jersey participate in these sales that offer great deals in advance of the holiday season. To avoid overspending on these popular shopping days, consumers should...
Many individuals in New Jersey and around the country who had some of their mortgage debt cancelled or forgiven after losing their homes due to a foreclosure or short sale now find themselves owing tens of thousands of dollars in taxes. For the last 10 years, up to $2...
One of the more common questions that those seeking Chapter 7 bankruptcy protection in Hackettstown have is whether o not filing for bankruptcy will force them to forfeit their personal assets. For those facing seemingly insurmountable debts, the appeal of bankruptcy...
The holiday season will be here before you know it. Overspending during the holidays is a real problem for many people, especially if you're already on a tight budget. Fortunately, it's possible to enjoy the holidays without ruining your finances, as...
Creditor harassment is hard to deal with when faced with massive debt. Some practices are not actually lawful, which many consumers don't know when they're actively being pursued for money that remains unpaid. The Balance recommends taking the following steps if...
Bankruptcy can help a person clear outstanding debt to work towards a brighter financial future. Most people claim that student loan debt, which is a burden on the finances of many graduates well into adulthood, can't be discharged via bankruptcy. While this is...
Hackettstown residents who feel as though they are drowning in debt may find a Chapter 7 bankruptcy to be their best option at getting back to enjoying a comfortable financial position. Indeed, the benefit of having certain debts discharged is likely one of the...
