Chapter 7 bankruptcy involves the selling off of assets (except for those that qualify for exemption) in order to pay back debtors. Under Chapter 7, your creditors will receive as much money as they can from the proceeds of your assets being sold. Any debts left over...
Blog
Month: January 2016
How do I know if bankruptcy is right for me?
The decision to go into bankruptcy is not a very hard one to make if you analyze all the facts of your financial circumstances carefully. It is usually a simple matter of economics: Will the monetary savings I receive from bankruptcy be worth it to me in the end? A...
Alternatives to bankruptcy through debt settlement
New Jersey residents who are struggling financially are often overloaded with debts they cannot pay. Fortunately, there are some workable solutions that can be employed, including bankruptcy. However, there are also alternatives to bankruptcy that can help you resolve...
Insurance no guarantee against medical debt problems
Just because you have health insurance does not mean you are immune to getting hit with medical debt problems. The Affordable Health Care Act has helped a large number of Americans who didn't have insurance get important medical insurance coverage. However, this has...