When dealing with debt, you will also most likely deal with debt collectors. Though many follow the rules and do their jobs appropriately, some will attempt to misrepresent themselves in order to get you to comply with their wants. Debt collector misrepresentation...
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Month: December 2021
How does the bankruptcy court exempt assets from liquidation?
The U.S. Bankruptcy Code allows New Jersey residents to exempt some of their assets from liquidation. If you file for Chapter 7, the court may require you to sell valuable property to repay outstanding debts. An exemption, however, could allow you to keep some of your...