A reaffirmation agreement is a new promise to pay a debt that would otherwise be discharged in a chapter 7 case. It binds both the creditor and...

An individual member of an LLC and the busienss entity are two different "persons". The LLC's credit is not the same as the individual's credit...

Creditors will be notice of dismissal of a chapter 13. Upon dismissal creditors may resume collection activites and it would be unusual for...

You raise a very common question. There is no advantage to allowing creditors to continue to report derogatory information to the credit reporting...

You are not alone. I have helped many small business owners struggling with the challenges of running a business in New Jersey. Stopping creditor...

A charged and closed account means the creditor has "written-off" the debt from its books and closed the account to future charges. Oftentimes a...

Certain types of taxes are dischargeable in bankruptcy. To know whether the taxes in your case are the type that go away in bankruptcy, you should...

A judgment debtor may file bankruptcy and potentially discharge any personal obligation to repay the judgment. The lien that is created in most...

Have 3 credit cards I am unable to pay. All savings are gone - only receive small pension and social security. Need advice

I am so sorry to hear about your hardship at this time in your life. My father has recently passes and now I am handling my mother's financial...

I filed bankruptcy in October i had a accident in December i wasn't under the influence but i will probably be at fault

Only claims filed before the petitioning for bankruptcy are discharged in the bankruptcy. After the filing for bankruptcy, a person is once again...