bankruptcy questions

The Small Business Reform Act defines small business debtor as a person engaged in commercial or business activities (including any affiliate of such person that is also a debtor under this title and excluding a person whose primary activity is the business of owning single asset real estate) that has aggregate non-contingent liquidated...

The Coronavirus outbreak has caused the unprecedented shutdown of businesses by the government. While this may be necessary to control the spread of the virus, the shutdown is having a devastating effect on businesses throughout the country. With New Jersey...

Obviously, one of the first and for many potential clients, one of the most important questions that a client has is: how much is filing a bankruptcy going to cost me? I would start by telling anyone looking into filing...

This is not an easy question to answer, as it depends on many factors.  So my first bit of advice would be to set up a consultation with an experienced bankruptcy attorney, like Capone & Keefe, so that we can...

One of the things we advise all of our clients once their bankruptcy is over and they have received their discharge, is to pull a credit report and make sure that everything is properly reported and there are no creditors...

6.) I can only file for Bankruptcy with my Spouse.   Again not true!  Over the years, we have had more than a few situations where one spouse or the other just refused to file. There are also situations where one...

I have been a consumer bankruptcy attorney for over 23 years and during that time I have heard all kinds of unfounded fears that my clients had about Bankruptcy.  Most of these fears or concerns came from misinformation that my...

The Below article appeared recently in the Wall Street Journal. When I first became a lawyer, my first job was as the Staff Attorney for the Standing Chapter 13 Trustee in the Trenton and Camden vicinages. At that time student...

I'm sure many of you are receiving all kinds of offers from credit card companies offering low interest rates, 0% to 2.99% on balance transfers or new purchases.  These seem the perfect opportunity to pay off those higher interest rate...

Many clients have delayed coming in for a consultation because they fear they won't qualify for a bankruptcy.  Most of the time, they have this fear because of misinformation they have received from friends or family or even from creditors.  The...