Filing for bankruptcy can be a complex and overwhelming process, and one of the biggest concerns for individuals considering bankruptcy is what will happen to their assets. In this article, we will explore the topic of asset protection in bankruptcy specifically in the context of New Jersey. Understanding what assets you can keep in bankruptcy is crucial to alleviate some [...]

That old saying about death and taxes has stuck around for so long because it is almost impossible to make tax debts go away except by paying them. In so many other contexts, it is possible to make financial obligations appear out of thin air and disappear again simply by running one’s mouth; this is what the insurance write-off, [...]

An urban legend has it that filing for bankruptcy renders you unable to borrow money for seven years, in much the way that breaking a mirror gives you seven years of bad luck. In this case, bad luck means pulling a wad of one-dollar bills and counting coins in the checkout line of the supermarket as you buy instant [...]

Revolving Credit Card Debt and Personal Loans As we emerge from the first two years of the pandemic, New Jersey residents are carrying record amounts of revolving credit card debt and personal loans. Pandemic era relief programs offered short-term debt relief options such as a forbearance on credit card payments and reduced minimum payments. However, at the end of [...]