Many New Jersey residents become overwhelmed by debt and decide to file for bankruptcy. However, knowing which form of bankruptcy to file can present a challenge. Significant differences exist between the two main chapters of bankruptcy filed by individuals -- Chapter...
Chapter 13
Chapter 13 bankruptcy could help when income is less than debt
No matter how much money a New Jersey resident makes, he or she can still be overwhelmed by debt. Many people believe that if a person earns a large salary, he or she does not have problems with debt. However, that can be far from the truth. Income level has little to...
Essex County debtors can keep house, car in Chapter 13 bankruptcy
While the Olympics are wrapped up and the events are over, the eyes of Essex County sports fans are still on the athletes who competed and walked away victorious. This attention, as it does for any celebrity, is not always the most positive, though. For Gabby Douglas,...
New jersey reports on bankruptcy stats
Financial hardship is no joke. Individuals facing financial difficulties experience a level of stress that is unparalleled. Depending upon an individual's circumstances, a good option for debt reduction is to file for bankruptcy. According to a recent New Jersey...
New Jersey hospital emerges from bankruptcy, still owes utilities
A New Jersey hospital's bankruptcy filing has led to much contention for the local water utility company. According to hospital officials, a plan has been set into motion to repay the past due bill. Although the hospital came out of the bankruptcy with a complete...
2 file for bankruptcy in Vineland, others hover on the verge
The Urban Enterprise Zone (UEZ) program in the city of Vineland, New Jersey, has reported that two debtors have filed for bankruptcy protection. In addition, it shows a number of other debtors on a delinquency report. None of them are filing for bankruptcy at this...
