If you have decided to file for personal bankruptcy in New Jersey, you might be wondering what the differences are between filing for chapter 7 bankruptcy and filing for chapter 13 bankruptcy. Though the situation is stressful and all the new information can be...
Blog
Month: August 2015
Finding the right debt counselor
Receiving advice and services from a reputable debt counselor in New Jersey can be very beneficial if you are seeking debt relief. This individual can help you to map out a repayment plan for paying off debts and set a budget that will work well for your lifestyle....
Major banks targeted by CFPB for student loan repayment practices
The Consumer Financial Protection Bureau has recently focused its efforts on collections practices used by student loan services. The Bureau’s emphasis on this segment of consumer debt is based on the growing importance of student loan debt in the nation’s...
The different debts involved in a chapter 13 repayment plan
In consumer bankruptcy, there are two major facets. One is chapter 7, in which debts are essentially forgiven. The other is chapter 13, in which the consumer must pay back the debts in a restructured payment plan. Within this, there are three different forms of debt....
