|
Find a NJ LawyerNJ Legal ArticlesNJ Law & StatutesNJ Government & TownsNJ Lawyers Blog
|
New Jersey Lawyers DirectoryNew Jersey Debt Collection Lawyers
New Jersey Legal Articles Top Twelve Reasons Why People File for Bankruptcy
1. Eliminate the Legal Obligation to Pay Most of Your Debts. This process of wiping the slate clean is called the discharge of your debts. The goal of a bankruptcy discharge is to wipe out your debts to give you a fresh start. Whether it is through a straight bankruptcy that is called a Chapter 7, or through a reorganization that is called a Chapter 13, most or all of your debts can be wiped out for good.Read More »
Medical Bills and Bankruptcy1. Are medical bills dischargeable in a bankruptcy? Medical bills caused after a temporary illness, or medical debt that has skyrocketed because of a chronic medical problem(s) can force many New Jersey-ites to the brink of financial ruin. Many New Jersey-ites find themselves in massive debt because of a serious illness or from chronic health problems. If you or a loved one has suffered from a serious illness, which has left you with medical bills, doctor bills, hospital charges,
Read More »
Which Debts Are Wiped Out in a Bankruptcy1. Which debts are dischargeable in a bankruptcy?Not all debts can be discharged in a chapter 7 case. Some debts simply can’t be wiped out in a bankruptcy. These debts will remain valid and collectible, just as they were before you filed for bankruptcy. To fully understand exactly what bankruptcy can do for you, it is imperative that you fully understand which of your debts you will still owe after your bankruptcy case is over. This info point can’t be over emphasized! To some debtors, it may not be worth it to file if a certain debt won’t be wiped out. Read More »
|
Site Sponsors
|
| © New-Jersey-Lawyers.com. All Rights Reserved | Terms of Use | Privacy Policy |