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December 2014 Archives

Misconceptions New Jersey residents have about filing bankruptcy

Every day, New Jersey residents struggle to make ends meet and pay their bills. Yet, many of them do not think about filing bankruptcy because they have misconceptions about the process and may fear what it means for their futures. Some people even think that filing means they are not trying hard enough to pay their bills.

New Jersey legislature may help stop foreclosure on some homes

Most New Jersey residents are keenly aware that the devastation caused by Superstorm Sandy continues to wreak havoc on people's lives. In response, the New Jersey legislature is working to temporarily stop foreclosure on homes that were damaged in the storm. If the legislation is passed, affected homeowners would receive a three-year moratorium on foreclosure.

People near bankruptcy became victims of debt relief scheme

The Consumer Financial Protection Bureau (CFPB) takes complaints from consumers about financial institutions and their products. This includes consumers here in New Jersey and around the country who are dealing with debt relief companies, creditors and collection agencies. For the first time since its creation, the CFPB was instrumental in bringing to justice people involved in a debt relief scheme who were taking advantage of people who were near bankruptcy.

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At the law offices of Minion & Sherman, our New Jersey bankruptcy attorneys have been providing families with real solutions for more than 20 years.

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West Caldwell Office
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West Caldwell, NJ 07006

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