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Are There Ways to Prevent a Home Foreclosure in New Jersey?

People often spend years paying off mortgages, and their financial situation might change quite a bit during this time. If you find yourself unable to keep up with payments, talk to a lawyer about how to avoid foreclosure.

SCOTUS: UST v. John Q. Hammons- Remedy for Violation of the Bankruptcy Uniformity Clause

SCOTUS: UST v. John Q. Hammons- Remedy for Violation of the Bankruptcy Uniformity Clause

Ed Boltz

Tue, 06/18/2024 - 19:05

Summary:

Re-examining The Means Test Cost of Home Ownership

The real non mortgage expenses of home ownership are nothing like the means test allowances provided. Bankruptcy lawyers need to rise to the challenge of aligning the means test with today’s economic and legal realities. The success of bankruptcy cases may turn on it. What the means test allows The means test provision for non-rent/mortgage […]

The post Re-examining The Means Test Cost of Home Ownership appeared first on Bankruptcy Mastery.

Can I Get Rid of My Medical Bills if I File Bankruptcy?

Medical debt is a major reason that people file bankruptcy. The Consumer Financial Protection Bureau indicates that $88 billion of outstanding medical bills are currently in collections-affecting one in five Americans.  According to U.S. News & World Report, many people don’t get the medical care they need because they are afraid of incurring medical debt they cannot pay. Filing for bankruptcy can be an effective way to get rid of your medical bills.
Medical Bills are Unsecured Debt