5 Illegal Things Debt Collectors Do

When debt collectors contact you, it’s important to remember that you have rights. Those rights are protected by the Fair Debt Collection Practices Act, which protects you from unfair, deceptive, and abusive debt collection practices.  If a debt collector takes the following actions, you can file a complaint with the Federal Trade Commission (FTC). You…

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What Happens After a Chapter 13 Bankruptcy Gets Paid Off?

Scrabble letters spell the word bankruptcy

Completing your Chapter 13 plan is a wonderful feeling. You’re finally at the end of a long and involved process that has intertwined with your financial life for three or more years. But what happens next? What should you expect? The Final Payment After you make the final payment, the trustee audits your case. Assuming…

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Can You Rent an Apartment in Newark, NJ, After Bankruptcy?

An apartment building

Renting an apartment after bankruptcy can seem daunting, but it’s important to remember that you’ve got options. Regardless of whether you filed a Chapter 7 or a Chapter 13, it’s possible to find a rental unit that fits your needs and budget. The housing market may be tougher than ever, but there’s no reason why…

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What Newark, NJ Residents Need to Know About the Bankruptcy Means Test

Thinking about filing for Chapter 7 bankruptcy?  It’s not available to everyone. Anyone who wishes to file Chapter 7 must pass the means test. The means test was first established in 2005, under the Bankruptcy Abuse Prevention Consumer Protection Act (BAPCPA).  The means test is a two-part test. The Income Limit Test The first test…

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Supreme Court Rules a Partner’s Fraud Could Become Your Debt


In Bartenwerfer v. Buckley, the nine Justices of the Supreme Court had a rare moment of agreement. They ruled unanimously that a person cannot use the Bankruptcy Code to discharge fraudulent debt incurred by a spouse.  Debts incurred via fraud usually are among the few debts that bankruptcy cannot discharge. The issue was that Kate…

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How to Stop Foreclosure in New Jersey

Behind on your mortgage? Few events are more stressful than a potential foreclosure, but here in New Jersey, you do have options. Here are all of the steps you could take to save your home. Option #1: Seek Counseling  On January 24, 2022, the legislature permanently expanded the New Jersey Housing and Mortgage Finance Agency’s…

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What US Service Members Need to Know About Filing for Bankruptcy in the United States

Nearly 9 out of 10 active service members need help with their finances. Inflation hasn’t helped.  Yet many service members are terrified to file for bankruptcy. You have the same rights to file for bankruptcy as civilians do. While we recommend talking to your commanding officer and an attorney like Michelle, it’s more common than…

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Will Bankruptcy Impact Your Career?

Most people depend on employers to survive, so it’s natural to wonder how an employer might treat your bankruptcy. We’d love to tell you there won’t be any impact whatsoever, but the answer is a little more nuanced. Your Current Job Federal law prohibits employers from terminating you, demoting you, reducing your salary, or reducing…

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Can You Afford to Pay Your Newark, NJ Living Expenses During a Chapter 13 Case?

It’s no secret that living in Newark, NJ, costs more than living in other areas of the country. Inflation isn’t helping matters any. So it’s natural to worry about whether Chapter 13 will be a good decision for you. There’s something terrifying about letting a faceless trustee determine how much money you get to live…

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What is a New Jersey Mortgage Cram Down?

As of this writing, foreclosures are surging here in New Jersey. Bankruptcy can be an important tool in protecting yourself from foreclosure. And unfortunately, single-family homeowners aren’t the only ones who are vulnerable. So are small-scale landlords, or those who had the chance to buy vacation properties during better times.  A mortgage cram down might…

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DIY Filing by the Numbers: Why You Need a Bankruptcy Attorney in Newark, NJ

Roughly 6% of bankruptcy filers attempt to file bankruptcy pro se, that is, without the help of a bankruptcy lawyer. The temptation certainly makes sense…you’re already worried about money, and you might be afraid that you don’t have the means to pay a lawyer. Yet attempting to file bankruptcy yourself is usually a deadly financial…

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Can You Get a 700+ Credit Score After a Newark, NJ Bankruptcy?

credit cards

If you’re worried about your credit after bankruptcy, we’ve got great news. While it won’t be true for everyone, your credit score is likely to go up after bankruptcy, not down.  Yet there are steps you can take to make your credit score even higher. There are some people who have even managed to obtain…

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Can Newark, NJ Residents File Bankruptcy on Back Taxes?

Tax forms, a pen, and a mouse

Roughly 11 million Americans owe back taxes amounting to about $114 billion. Falling behind on your taxes is extremely stressful, but bankruptcy can help. Unfortunately, bankruptcy cannot help with all of your tax liability. Filing bankruptcy will at least stop tax garnishments for the duration of your automatic stay. Keep in mind that you must…

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Student Loan Debt Cancellation for Newark, NJ Residents

The average student loan balance in New Jersey is $36,800. Student loans are a significant source of financial distress for many residents.   That’s why it’s so important to understand the new student loan debt cancellation program enacted by the White House.  $10,000 to $20,000 in Forgiveness You may be eligible for loan forgiveness if you…

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Do You Have to Talk to Debt Collectors in Newark, NJ?

The phone rings day and night. If you answer, there’s a stern voice on the other end, demanding that you give them money.  You go through your days with a sense of dread, and your stomach twists every time the phone rings. Do you really have to go through all this? The truth is no,…

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