Recent Posts in Bankruptcy Category
Posted on Mar 28, 2018 By The Law Offices of Marc G. Alster
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 ...
Continue reading "Chapter 13 Debt Limits" »
Posted on Mar 21, 2018 By The Law Offices of Marc G. Alster
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 ...
Continue reading "The Bankruptcy Means Test" »
Posted on Aug 28, 2017 By The Law Office of Marc G. Alster
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 ...
Continue reading "Chapter 13 Bankruptcy Protection - Mortgage Arrears - Secured Creditors" »
Posted on Jun 9, 2017 By The Law Office of Marc G. Alster
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 ...
Continue reading "How to Deal with Aggressive Chapter 7 Trustees" »
Posted on Apr 3, 2013 By Hackensack Bankruptcy Lawyer
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 ...
Continue reading "Looking for a Chapter 7 Bankruptcy Attorney in Northern New Jersey?" »