You may worry about what a bankruptcy filing will do to your credit. Still, filing for bankruptcy is often better for your credit score than the other alternatives. Plus, there are ways to rebuild your credit following bankruptcy. Bankruptcy and your credit score It...
Bankruptcy
Bankruptcy can help when holiday spending goes too far
Holiday spending can quickly go overboard. Even if you had the best of intentions to stay within budget this year, chances are you paid for some holiday expenses with a credit card. And if you did, you are not alone. Holiday debt is highest in eight years LendingTree...
What should you know about Chapter 7 bankruptcy?
There are plenty of people in New Jersey and throughout the country who have been going through some uncertainty with their finances in recent months and years. The sources of the uncertainty can vary, from inflation to high gas prices and soaring interest rates,...
Can I hide money in a trust before bankruptcy?
If you are thinking of bankruptcy or struggling with financial insolvency, you may think desperate times call for desperate measures. And, one of those measures may be to moving assets into a trust while you declare bankruptcy. This would be a bad idea for a number of...
Medical debt relief has arrived
There are billions of dollars in unpaid medical debt held by millions of Americans. Indeed, it is such a big problem, the Consumer Financial Protection Bureau studied the issues to see if our current credit reporting scheme accurately and fairly accounts for it....
Can I keep my home when filing for bankruptcy?
People facing overwhelming financial challenges may wonder what options are available and which one best suit their needs. Bankruptcy may be the best way for some people to get into a stronger financial situation, but many New Jersey residents fear that filing for...
Know the facts about bankruptcy before filing
It is no secret that many people both in New Jersey and throughout the country are experiencing financial struggles. You may feel crushed under the weight of overwhelming debt and need relief. While bankruptcy may have once seemed like an option of last resort, you...
What are the keys to a successful Chapter 13 bankruptcy?
Many people in New Jersey face financial challenges. This issue has come to the forefront in the past several years with many facing medical expenses, lost income, outright job loss and more. This may lead to overextending on credit cards, compounding debt and seeking...
Bankruptcy and the automatic stay
Times have been tough lately for many in New Jersey. Some may be in such financial distress that they find they cannot pay their mortgage, credit card payments and other debts. This is distressing, especially if calls start pouring in from debt collectors or if your...
Important facts about Chapter 7 bankruptcy in New Jersey
New Jersey is considered one of the wealthiest states in the entire United States. That is based on the median household income, which is quite a bit above the median for the whole United States. Of course, it is not as simple as earning a high income. New Jersey is...