In New Jersey, foreclosures remain active and is a judicially involved process. Depending on the county where you reside, it can take upwards of twelve (12) months or more to complete a foreclosure from the time of service of the foreclosure complaint to the date of the sheriff sale. So while you have some time […]
Bankruptcy, like many other areas of the law, can be intimidating to some and unthinkable to others. In this digital age that we live and operate in there are a lot of places that one can find information and opinions. The purpose of this piece is to address some bankruptcy misconceptions that have arisen from […]
A Chapter 7 bankruptcy is termed a “liquidation” type of bankruptcy. This type of filing is generally used by individuals or consumers although a business may also file a Chapter 7 if it no longer intends to continue operating as a business. Exemptions In a Chapter 7 bankruptcy the person filing is required to list […]
You’ve taken the “plunge” and filed for bankruptcy. In fact, you’ve completed your bankruptcy and have earned your discharge. You are now, relatively speaking, debt free but you are also credit poor. Following a bankruptcy, most people take the position that they will pay for everything in cash as they move forward. Put another way, […]