March 26, 2024 | Karina Lucid Law

Yearly Archives: 2020

Bankruptcy Chapter 7 in New Jersey

Bankruptcy is a legal proceeding where an insolvent debtor who cannot pay his creditor gets a fresh start. Personal bankruptcy law allows an individual to be declared bankrupt and declaring bankruptcy is a matter of right given by the federal law. If you decide to file for bankruptcy, the bankruptcy case will be handled by the federal courts. If you [...]

2022-10-04T16:04:58+00:00Chapter 7 Bankruptcy|

Scam Alert – Fake Bankruptcy Attorneys

This blog is my latest in my efforts to notify you about potential scams. Although this scam has been around for several years, it is still worth noting. The scam is directed at people who have already filed for bankruptcy. Basically, the scammer will call you posing as a bankruptcy lawyer - as fake bankruptcy attorneys. Further, the scammer will [...]

2023-09-26T09:56:20+00:00Bankruptcy Scams, Blog|

Bankruptcy Chapter 7, 11 & 13 in NJ

Bankruptcies are legal proceedings that allow insolvent debtors with large amounts of debts to have a fresh start. While filing bankruptcy is a legal way for people to wipe out their unsecured debts and obtain debt-relief, not everything is wiped out. One of the benefits of filing a bankruptcy petition includes bankruptcy protection as follows: Stops creditors from collecting or [...]

2020-11-10T17:44:47+00:00Bankruptcy|

Debunked – Bankruptcy Costs More Than it is Worth

One of the biggest myths of bankruptcy is that its costs more than it is worth. This is simply not true. Look at it this way, once you get rid of your creditors, you will have more money. The costs associated with bankruptcy will be peanuts in comparison. Collections agencies, credit card companies, big banks, mortgage lenders, and all the [...]

Be Careful When Searching “Bankruptcy Attorney Near Me”

Looking for an attorney can be an incredibly stressful time - especially if it is a bankruptcy attorney. When people look for a divorce attorney, or a real estate attorney, they normally ask people they trust for a recommendation. With the embarrassment most people feel about needing to consult with a bankruptcy lawyer, they often turn to Google and type [...]

2023-08-10T10:57:39+00:00Uncategorized|

You Qualify for Chapter 7 Bankruptcy, But Is It Your Best Choice?

Chapter 7 is the most common consumer bankruptcy. This bankruptcy type resolves debt under federal court protection. Unsecured debts, or those with no collateral, are often forgiven. Generally, credit card debt, personal loans, and medical bills are covered, but back taxes, student loans, and alimony and child support are not. Due to credit reports, it will be harder to get [...]

2020-09-22T08:34:06+00:00Bankruptcy|
Go to Top