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Who can benefit from Chapter 7 bankruptcy?

When it comes to personal financial struggles, everyone is different. This is why there are so many different bankruptcy Chapters. Each bankruptcy Chapter is designed with certain situations and financial scenarios in mind and is tailored to help specific groups of...

Did the shutdown wipe you out financially?

If you are a federal worker in New Jersey, this most recent government shut down might have wreaked havoc with your finances. But you don't even have to be a government employee to be adversely affected by this work cessation.For instance, if you operated a food truck...

What your bankruptcy attorney wishes you knew

So, you've bitten the bullet and decided to file for Chapter 7 bankruptcy to resolve your intractable debt problems. That's the first step toward fiscal solvency.But there are a few things to keep in mind that you may not have considered — and which your...

Don’t be shortsighted about a short sale

Some people who are mired in debt and can't afford to continue paying their mortgage think that unloading the property in a short sale will be to their benefit. What many fail to understand is there are financial implications, both tax and otherwise, that can...

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