New Jersey Median Income Figures for Means Testing Data Effective November 1, 2019
Bankruptcy FAQ: Median Income Figures for New Jersey Bankruptcy Cases Effective November 1, 2019
New Jersey Median Income Figures for Means Testing Data Effective November 1, 2019
Chapter 7 Bankruptcy: List it or Lose It: Debtor Who Fails to Disclose Claim May Lose That Claim
One of the first things we advise all of our clients about filing bankruptcy is the requirement that a debtor disclose all required information. Whether filing a Chapter 7…
Bankruptcy FAQ: New Median Income Figures for New Jersey Bankruptcy Cases Effective April 1, 2018
The U.S. Trustee Program has announced new Means Testing Data for Bankruptcy Cases. The median income for each family size for a Debtor (or married Debtors) to qualify for a…
Chapter 7 Bankruptcy Case and New Jersey Wage Garnishments
Bankruptcy Court Holds Consumer Debtor’s Wages, Garnished Within 90 Day Period Prior to Filing Chapter 7 Bankruptcy, Are a Preference A recent decision, Tower Credit, Inc. v. Schott (In re…
Small Business Debt – How the American Dream Can Become a Nightmare for Small Business Owners
Owning and operating a small business is, for many, the American Dream. Unfortunately, the dream has become a nightmare of inescapable debt for many those who have retained us to…
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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…
Short Sales, Possible Tax Consequences and Bankruptcy
Given the state of the real estate market and the large mortgage debt that many people find themselves in, many of my clients find themselves upside down on their residences. …
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…