2010-06-16 13:46
One of the major concerns that face homeowners that are delinquent on their mortgage is that in addition to losing their homes they may also face a deficiency judgment. A deficiency after a… Read More
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New Jersey Bankruptcy Attorneys Blog
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the new jersey bankruptcy lawyer blog is a collection of resources and information for those who are considering bankruptcy.
2010-06-16 13:45
Contrary to popular belief, certain back due taxes owing to the Internal Revenue Service (IRS) or the State can be wiped out in bankruptcy. In order to be eligible to wipe out a tax debt, th… Read More
2010-03-19 16:06
According to an article on Bloomberg.com, the Obama administration’s foreclosure prevention program shed 24 percent of the almost 1.1 million borrowers who had obtained trial loan modi… Read More
2010-03-19 16:06
Decreasing home values and multiple mortgages can create opportunity for debtors in a Chapter 13 bankruptcy. According to a report issued on February 23, 2010 by FirstAmerican CoreLogic, mor… Read More
2010-02-17 22:24
The new credit card act does not protect consumers as intended. The Credit Card Accountability, Responsibility and Disclosure Act, known as the CARD Act, are supposed to help and prote… Read More
2010-02-17 22:24
Most of my bankruptcy clients do not have a choice but to file bankruptcy because circumstances in their life have spiraled out of control. Some of my clients have lost a job, are rece… Read More
2010-02-17 22:23
The Bankruptcy Rules Advisory Committee is considering important rule changes to the Bankruptcy Rules. Many creditors abuse the bankruptcy proof of claim filing process and file proofs… Read More
2010-02-17 22:22
RealtyTrac reported its January 2010 Foreclosure Market report on February 11, 2010, which showed a decrease of nearly 10 percent from the previous month of December 2009. However, the… Read More
2010-02-17 22:22
The banks are not stepping up and making a high enough percentage of mortgage modifications permanent. Our firm represents many individuals on loan modifications and it is becoming inc… Read More
2010-02-17 22:21
2009 is the third consecutive year that bankruptcy filings rose across the country. More than 1.3 million people filed for bankruptcy during the 2009 fiscal year, marking a 35 percent… Read More
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