Bankruptcy and Your Credit
Bankruptcy and Your Credit

As a bankrutpcy attorney, one of the most frequently asked questions that I receive is how will the bankrutpcy filing effect my credit. Most people come in with the pre-conceived (and incorrect) notion that they will have terrible credit for...

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Some Receipts Not Counted as Income in Chapter 7 or Chapter 13 Bankruptcy Cases
Some Receipts Not Counted as Income in Chapter 7 or Chapter 13 Bankruptcy Cases

A main issue in any Chapter 7 or Chapter 13 Bankruptcy case is the calculation of what is known as "current monthly income".    This issue is the often the most important one in determining whether a debtor qualifies for...

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Chapter 7 and 13 Consumer Bankruptcy and Tax Returns
Chapter 7 and 13 Consumer Bankruptcy and Tax Returns

When the Bankruptcy Code was changed in 2005, significant changes were made to the tax return filing requirements for Chapter 7 and Chapter 13 consumer bankruptcy debtors.   The changes increased the need for a Debtor and their counsel to...

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Sheriff’s Sale Adjournments after filing Chapter 7 or Chapter 13 Bankruptcy in New Jersey
Sheriff’s Sale Adjournments after filing Chapter 7 or Chapter 13 Bankruptcy in New Jersey

When a Chapter 7 or a Chapter 13 Bankruptcy is filed and a Sheriff's Sale of a property is scheduled, New Jersey Law does not necessarily require that the mortgage company cancel the Sheriff's Sale.  Instead, the Plaintiff may adjourn...

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