Office in Freehold NJ | 
732-333-0681 | Schedule an Appt
Now that it is tax time, today I got a call from a panicked client who is getting a 1099 on a credit card. Have you received a Form 1099-C Cancellation of Debt after your bankruptcy discharge? Don’t panic! Here’s a quick guide: Why did you get it? Normally, if a creditor cancels a debt … Continued
As the cost of living continues to rise, Americans are increasingly relying on credit cards to cover basic expenses like food and gas. This shift in credit card usage has led to growing concerns as the nation’s credit card debt surpassed $1 trillion. It is not only the increased card usage that is a problem, … Continued
An estimated 23% of Americans have medical debt they cant pay and an estimated 41% are trying to pay off medical debt. Medical debt is the leading cause of individual bankruptcy filings and the stigma behind filing bankruptcy no longer exists as more and more Americans turn to bankruptcy protection to get a fresh start. … Continued
Struggling with overwhelming credit card bills can be a challenging and stressful situation. Fortunately, filing for Chapter 7 bankruptcy in New Jersey offers individuals a chance to regain financial control. Let’s talk about how our Chapter 7 bankruptcy attorneys were able to help Emily find relief with this option. Emily, like many others, faced a … Continued
get our free report on how to get out of debt
Considering COVID19 and its detrimental effects on individuals’ finances and livelihoods, many states and jurisdictions have ordered temporary freezes on residential foreclosures and evictions. In addition, courts have been closed to the public postponing many (if not all) court hearings and legal matters overall. Orders generally state that foreclosure actions can not be initiated due … Continued
Even if you think you have a lot of debt, you may not be eligible to file a Chapter 7 and walk away from it. WHAT IS THE MEANS TEST? To file a Chapter 7 bankruptcy, your household income over the last six calendar months cannot exceed the median income for a household the size … Continued