Posts Categorized: Chapter 13 Bankruptcy in NJ

Chapter 13 Bankruptcy and a Second Home

Keeping Investment Property in Chapter 13 Bankruptcy In re Amos – NJ: In re Amos, 452 B.R.  886 (D.N.J. 2011), a bankruptcy case out of New Jersey, teaches us some important lessons. When you file for chapter 13 bankruptcy, keep in mind that your second home is not considered a reasonable expense. A New Jersey Family… Read more »

Creditors Must Respect Your Bankruptcy Case

A creditor who disposes of your property after receiving notice that you have filed for bankruptcy has violated the automatic stay and you are entitled to damages The automatic stay is a core precept of bankruptcy. It prevents creditors from pursuing action against the debtor while bankruptcy is in process. The Bankruptcy Court stands between… Read more »