On behalf of Iacullo Martino, LLC | Oct 14, 2020 | Bankruptcy, Divorce
Since finances are an oft-cited reason for marital problems, it is not surprising that many who are contemplating a divorce also may be considering whether or not they should also file for bankruptcy. New Jersey couples may be reluctant to file for bankruptcy right in...
On behalf of Iacullo Martino, LLC | Sep 30, 2020 | Bankruptcy
Credit card debt is a common challenge for New Jersey residents. The constant collection calls and fear as to what might happen can be overwhelming. Fortunately, there are effective strategies to get on stronger financial ground. Understand how to eliminate credit...
On behalf of Iacullo Martino, LLC | Sep 29, 2020 | Bankruptcy
In our current financial reality, with debts piling up and income becoming harder and harder to attain, bankruptcy is becoming much more acceptable. But, for those also dealing with child support orders, they may wonder how the bankruptcy process affects their child...
On behalf of Iacullo Martino, LLC | Sep 15, 2020 | Bankruptcy
Let’s face it, most people in New Jersey have at least one credit card and have not always paid it on time and in full each month. In fact, the average American has four credit cards and New Jersey residents have an average credit card balance of over $7,000. There...
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...
