Foreclosure Defense – Four Frequently Made Mistakes by Homeowners Seeking to Prevent the Loss of their Home
Foreclosure Defense – Four Frequently Made Mistakes by Homeowners Seeking to Prevent the Loss of their Home

Foreclosure defense and bankruptcy lawyers are - in one very important way - like plumbers.  It is almost always true that the sooner you hire one, the the better the result of the work they do.  People facing foreclosure often...

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Bankruptcy & Foreclosure Resulting From ‘Financial Infidelity’ – The Plight of the Deceived Spouse
Bankruptcy & Foreclosure Resulting From ‘Financial Infidelity’ – The Plight of the Deceived Spouse

For over three decades we have represented consumer debtors before the United States Bankruptcy Court and the Courts of the State of New Jersey.  On occasion, the serious debt problems of our clients resulted from being deceived about money that...

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Filing a Chapter 7 Consumer Bankruptcy: Look Very Carefully Before You Leap to Avoid Very Unpleasant Surprises
Filing a Chapter 7 Consumer Bankruptcy: Look Very Carefully Before You Leap to Avoid Very Unpleasant Surprises

In the Matter of Santiago-Monteverde, what appeared to be a simple Chapter 7 Consumer Bankruptcy, was ultimately decided in the Debtor’s favor of by the United States Second Circuit Court of Appeals.  Its decision was based upon the advisory opinion...

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Short Sales Benefit Realtors But Homeowners Should Consult Experienced Attorney
Short Sales Benefit Realtors But Homeowners Should Consult Experienced Attorney

Short Sales Benefit Realtors But May Not Benefit Homeowners Who Should Be Fully Informed About Alternatives Such As Chapter 7 Bankruptcy and the Possible Tax Consequences of a Short Sale Nearly every homeowner facing foreclosure receives notices from their mortgage...

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Mortgage Forgiveness Act Exemption Expired on December 31, 2013 And May Have Major Impact on Homeowners Decision to Pursue Bankruptcy in Foreclosure
Mortgage Forgiveness Act Exemption Expired on December 31, 2013 And May Have Major Impact on Homeowners Decision to Pursue Bankruptcy in Foreclosure

Since 2007, homeowners who conducted short sales and other loss mitigation alternatives on their properties were able to exempt any income associated with their mortgage company's write-off of any debt under the federal mortgage forgiveness act.    However, Congress allowed the...

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New Study Demonstrates that Only 1 in 10 attempts by “Debt Settlement Companies” Prove Successful
New Study Demonstrates that Only 1 in 10 attempts by “Debt Settlement Companies” Prove Successful

New Study Demonstrates that Only 1 in 10 attempts by "Debt Settlement Companies" Prove Successful.   http://nacba.org/News/ConsumerAlertDebtSettlement.aspx Frankly, this supports what experienced Bankruptcy Lawyers have been advising their clients for many years. In many cases, we often advise clients that even...

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New Bankruptcy Means Testing Data
New Bankruptcy Means Testing Data

The U.S. Trustee Program has announced new Means Testing Data for Bankruptcy Cases.  The median income for each family size for a Chapter 7 New Jersey Bankruptcy Case for cases filed on or after April 1, 2013 is as follows:...

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Do I Qualify For Bankruptcy?
Do I Qualify For Bankruptcy?

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...

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Bankruptcy May Be Your Smartest Investment and Quickest Way Back to Financial Health
Bankruptcy May Be Your Smartest Investment and Quickest Way Back to Financial Health

Fear of the unknown, pride, uncertainty, misinformation, stubbornness, distraction, and cash flow are just some of the reasons that keep people from getting their financial life  in order with a bankruptcy filing.  The problem is that without it you may...

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Do You Qualify For A Loan Modification Under HAMP
Do You Qualify For A Loan Modification Under HAMP

Everyone it seems is attempting to get a loan modification these days. Anyone that has attempted to modify their mortgage knows that the process can be extremely frustrating. One way to make it somewhat less frustrating is to make sure that you...

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