Many consumers who are drowning in debt fail to file for bankruptcy even through they need the relief desperately. We have met with people who are terrified at the thought of going bankrupt. They claim that the filing will stay on their credit report for the rest of their life. They fear that they will never be able to get [...]
Is bankruptcy the best option if you are unable to repay debts? Especially as you have other obligations such as retirement, food and shelter. With so many websites offering free financial tools, it can be hard to know whom to trust. At Lucid Law, we thoroughly research financial products and companies to find you the best option for your bankruptcy. [...]
There are many reasons why people file for bankruptcy. From credit card debt, to loss of income, to a divorce—bankruptcy is a way to get back on your feet. When it comes to bankruptcy in New Jersey, avoid these common mistakes to prevent unnecessary complications. When it comes to bankruptcy, you’re not going fool the court or cleverly hide your [...]
Credit card companies love to offer low interest rates in exchange for cash funds. Or, they offer low interest rates to transfer a credit card balance. The low interest rates can sometimes be as low as 0%. It may seem like you aren’t paying for your purchases for a while by using these amazing offers. These promotional offers are credit [...]
Karina Lucid, New Jersey bankruptcy lawyer, provides answers to common bankruptcy FAQs. Karina has extensive knowledge of bankruptcy law and can provide sound legal counsel. The following bankruptcy FAQs are for general information only. Nothing in these should be consider legal counsel. However, you can schedule a free consultation with Karina and the Lucid Law team to discuss your particular [...]
For our clients and friends, we have compiled the following list. It is the top 10 things to do before filing a Chapter 7 or Chapter 13 bankruptcy. Disclose All of Your Income, Expenses and Assets Anyone filing a Chapter 7 or Chapter 13 Bankruptcy in New Jersey must disclose all information. This information includes all income, expenses and assets [...]
