Bankruptcy Court Issues Decision about Restrictions on Bankruptcy Blocking 

Admin on December 23, 2021 Posted in Blog

Courts can not come to a consensus about whether statements found in a borrower’s documents established to prohibit the borrower from filing for bankruptcy are enforceable as the result of either federal public policy or state law.  Various court rulings have tackled this issue over the last few years. A New Jersey District Bankruptcy court […]

What Happens to a Car In Chapter 7 Bankruptcy?

Admin on April 19, 2016 Posted in Blog, Chapter 7 Bankruptcy

One reason that many people are hesitant to consider bankruptcy, and particularly Chapter 7 bankruptcy, is that they fear it will mean losing all of their assets. While Chapter 7 bankruptcy does involve submitting all of your assets, including vehicles, to a bankruptcy trustee so that he or she can determine what assets should be […]