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Recent Posts in Bankruptcy Category

Chapter 13 Debt Limits

Generally speaking, if your general unsecured debts are less than $394,725 and your secured debts are less than $1,184,200, you will be eligible for relief under a Chapter 13 bankruptcy. These limits ...
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The Bankruptcy Means Test

To figure out if your income is low enough for you to file for a Chapter 7 bankruptcy, the bankruptcy means test was created. It uses a formula that is essentially designed to prevent high wage ...
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Chapter 13 Bankruptcy Protection - Mortgage Arrears - Secured Creditors

Debt relief laws can sometimes be incredibly complicated. If you’re facing mortgage arrears or other secured debt payments you cannot catch up on, or an overwhelming amounts of general unsecured ...
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How to Deal with Aggressive Chapter 7 Trustees

Bankruptcy can be stressful enough without worrying about overly aggressive chapter 7 trustees. However, people going through bankruptcy should understand that chapter 7 trustees have a strong ...
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Looking for a Chapter 7 Bankruptcy Attorney in Northern New Jersey?

How does Chapter 7 work? A Chapter 7 is typically filed with the US court in the district in which the client resides. Your petition should include a list of all your assets and debts. Many debts ...
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