On behalf of Iacullo Martino, LLC | Jul 27, 2020 | Bankruptcy
New Jersey residents and others who are looking for debt relief may be able to obtain it by filing for Chapter 7 bankruptcy. However, individuals may need to pass a means test to find out if they are eligible to do so. The purpose of the means test is to determine if...
On behalf of Iacullo Martino, LLC | Jul 20, 2020 | Bankruptcy
When individuals in New Jersey or other parts of the U.S. file for bankruptcy, they can benefit from a fresh financial start. However, bankruptcy can also hurt a person’s credit, which can make it hard to apply for a mortgage in the future. Fortunately, there...
On behalf of Iacullo Martino, LLC | Jul 8, 2020 | Bankruptcy
People in New Jersey who are struggling with debt may be considering filing for bankruptcy. There may be several good reasons to pursue this course of action. If a person is facing a lawsuit from creditors or foreclosure on a home, filing for bankruptcy can stop it,...
On behalf of Iacullo Martino, LLC | Jul 2, 2020 | Bankruptcy
New Jersey residents who are struggling to keep up with credit card, auto loan or other types of debt may want to consider filing for Chapter 13 bankruptcy. One of the primary benefits of doing so is that a debtor will most likely be able to keep his or her home. This...
On behalf of Iacullo Martino, LLC | Jun 23, 2020 | Bankruptcy
Debtors in New Jersey and throughout America may be able to obtain credit card debt relief by asking their creditors to forgive a portion of their balances. In many cases, a debt settlement may lead to a lower credit score. However, it may also help a person avoid...
On behalf of Iacullo Martino, LLC | May 26, 2020 | Bankruptcy
Keeping with financial obligations while addressing your debts can be overwhelming. But, taking the bankruptcy process a bite a time can help you receive the fresh start you are hoping to achieve. Understanding how your child and spousal support duties will remain the...
On behalf of Iacullo Martino, LLC | Apr 16, 2020 | Bankruptcy
It’s challenging to go about your life with a mountain of debt looming over you. From harassing calls from creditors to using credit cards or retirement funds to afford your necessities, massive debt is a heavy burden to bear. If you’ve exhausted all of your options...
On behalf of Iacullo Martino, LLC | Mar 31, 2020 | Bankruptcy
Some New Jersey families hesitate to file for bankruptcy because they are afraid that they will lose every single one of those possessions. While the bankruptcy process does require surrendering control over some assets to give to creditors, not everything that a...
