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Personal Bankruptcy Filings—When the Automatic Stay Doesn’t Apply
Aug 7, 2020Legal Proceedings That Are Not Suspended by Bankruptcy Filing One of the most attractive features of American bankruptcy law is the automatic stay, which goes into effect immediately upon filing your petition. The stay temporarily suspends all legal proceedin...
Read MoreExempting Property from Chapter 7 Bankruptcy in New Jersey
Jul 28, 2020What You Can Keep and Still Permanently Discharge Debts When you file for bankruptcy protection under Chapter 7, you can permanently rid yourself of certain debts, but there's a tradeoff—you must relinquish some of your assets to the bankruptcy court. Those...
Read MorePersonal Bankruptcy Filings—Can You Keep Your Property?
Jul 24, 2020What Can You Keep If You File Under Chapter 7 or Chapter 13? You may have lost your job because of the COVID-19 pandemic, or other life events—divorce or personal injury, for instance—may be making it difficult to meet your financial obligations. You migh...
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