Well, do you? You may have already thrown it away, without even thinking of it that way. The money I’m referring to here would be what you have (or had) socked away in your IRA or 401(k) account. You might be thinking about cashing out that account in order to pay your [...]
You should always list potential claims, or potential lawsuits, that you have against someone else along with all of your other assets, because the law considers them to be assets and if you don’t list them, you could lose them forever.
The first step to take when you are contemplating bankruptcy and you own some real estate.
Can you keep your property through a Chapter 7 bankruptcy? The short answer to this question is: Maybe. It depends on your situation.
This is what something called “exemptions” are for. The way I explain it to clients is this: When you file for bankruptcy, something called the “bankruptcy estate” is [...]
A handy list of things you will need to start your bankruptcy case in New Jersey.
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One reason people find themselves in the position of wanting to transfer their assets before filing for bankruptcy is that they are afraid the bankruptcy trustee will take their stuff after they file. But you might not need to worry about that, especially in New Jersey.
Why not? Because you might be [...]
