The Things You Want to Know When Considering Bankruptcy You're struggling pay your bills because you've lost your job or your hours have been cut back to nothing. You can't see anyway things are going to improve in the near future, so you've given … [Read more...]
How Does a Chapter 7 Bankruptcy Petition Affect the Obligation to Pay Your Bills?
Can You Use the Automatic Stay to Avoid Paying Any Financial Obligations? When you file for protection under the American bankruptcy laws, an automatic stay immediately goes into effect, preventing your creditors from calling, writing or taking any … [Read more...]
Getting the Most Benefit from a Bankruptcy Filing
Taking the Right Steps to Get a Fresh Start When life throws you a curve...you lose your job or suffer an injury or illness...the stress and anxiety that come with struggling to meet your financial obligations can be exhausting, just making things … [Read more...]
Why a Bankruptcy Petition Is a Better Option than Debt Forgiveness
The Different Tax Implications of Discharge and Debt Forgiveness Let's face it…there's a certain stigma associated with filing for protection under the American bankruptcy laws. For that reason, you may think it's a better idea to work with a debt … [Read more...]
Can You Keep a Tax Refund When You File a Chapter 7 Bankruptcy?
Are There Ways to Avoid Losing Your Refund to Pay Creditors? You're facing dire financial circumstances—maybe you've lost your job or you've been sick or injured. You've pretty much decided that the best way forward is through a Chapter 7 … [Read more...]
Can You Enforce an Oral Business Contract?
Are There Agreements that May Only Be Enforced in New Jersey if in Writing? If you are like most small business owners, much of your day is spent on the phone or in meetings. In those conversations, you'll often come to agreement on terms of a … [Read more...]
Avoiding Preferential Treatments in Bankruptcy
The Consequences of Selectively Paying Creditors Immediately before Filing When you're initially facing financial challenges, it's common to turn to friends and family for assistance. When it becomes clear that your problems cannot be resolved … [Read more...]
What Is a Chapter 7 Bankruptcy?
What Are the Limitations? What Will Chapter 7 Do for You? You have bills you can't pay. You may not be working as a result of the pandemic. You may have suffered an unexpected illness or injury. That's what the bankruptcy laws are there for—to help … [Read more...]
Indications That You May Need a Fresh Start in Bankruptcy
Signs to Look for to Determine If You Need Bankruptcy Protection If you're struggling to meet your financial obligations, there may or may not be any comfort in knowing that you're not alone. Every year, more than 1.5 million Americans use the … [Read more...]
Unfair Competition in Business
Prohibited Activities under State and Federal Laws While the American free enterprise system promotes competition for the benefit of consumers, there is still are requirement that the forms of competition engaged in follow some basic rules. When … [Read more...]