Once your financial affairs start spiraling out of control in New Jersey, you may find yourself falling into a deeper and deeper hole. If you do not see a realistic way to dig yourself out of debt and get things back on track within the next several years, it may be...
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Personal Bankruptcy
Are you dealing with harassing debt collectors?
No one ever wants to deal with debt collectors, especially with their grim reputation and the nasty way they can sometimes conduct their business. Most debt collectors will remain relatively respectful and calm, but a few out there can press their boundaries so far...
What is the Fair Debt Collection Practices Act?
When dealing with a heap of debt, the last thing you need on top of that is even more external stress. Unfortunately, this is exactly what people dealing with debt collectors often get. Some debt collectors even cross the line, harassing or intimidating you in their...
3 advantages of Chapter 13 bankruptcy
Bankruptcy in general offers you a lot of advantages. For example, once you file, collection actions against you stop immediately due to the automatic stay. Depending on your financial situation, you may have several bankruptcy options available to you. Chapter 13 is...
Your 341 meeting and the 521 documents you will need
If you have decided to petition for bankruptcy protection, you will attend the 341 meeting and provide your 521 documents shortly after you file. What does all this mean and what should you expect to happen at the meeting? Understanding the 341 meeting The 341...
How does the means test determine Chapter 7 bankruptcy eligibility?
Chapter 7 bankruptcies offer many lower-income people the opportunity for debt forgiveness when the financial burden becomes unbearable. Qualifying for this form of bankruptcy depends on a process called the means test which involves answering a few specific questions...
Filing for bankruptcy? Try these options first
When you have too much month left at the end of your money, it's time to do some serious belt-tightening. No one likes to lead a restricted lifestyle, but if you are unable to pay your bills, it's necessary.Below are some tips for cutting back on your budget. Use...
Don’t let medical debt continue to cripple you in 2020
If medical debt has accumulated to the point where you can no longer afford to keep up with your monthly payments, you are not alone. In fact, it's estimated that 20% of Americans who are of working age and who have medical insurance still have trouble paying their...
Learn some basics about filing for personal bankruptcy
Are you strung out on your debts and unable to make even the minimum payments? If so, you may be contemplating filing for bankruptcy.It can be confusing to know which type of bankruptcy is right for you. Below are some basic facts about filing for personal...
Which type of bankruptcy should you file?
It's easy to feel frustrated when you can no longer manage to pay your bills every month. But you should be aware that there is a way out of debt. Bankruptcy is viewed by some as a negative experience that indicates that you failed. The truth is that bankruptcy is...
