On April 1, 2019, the US government updated the Federal Register with new bankruptcy exemptions and Chapter 13 debt limits. Some examples of the changes are the homestead exemption increased from $23,675 to $25,150 and the wild card exemption increased from $1,250 to...
Month: September 2019
MY WIFE LEFT ME AND I INCURRED ALL THE DEBTS…
My wife left me and I incurred all the debts she incurred. Can you help me? Another reason that people get into debt is because they made the wrong choice in partners. See, The Debt Trap: How Your Life Choices Impact Your Financial Future, Chapter 2. If you are stuck...
MY WAGES HAVE BEEN GARNISHED BY…
My wages have been garnished by a major collection law firm. Can you help me and can I get any money back? Under the law when you file a bankruptcy petition, it creates an automatic stay that will immediately stop a wage garnishment . Once a creditor gets a...
I LOST MY JOB WHICH RESULTED IN DISMISSAL…
I lost my job which resulted in dismissal of our last case since we couldn’t afford to pay the trustee and mortgage. Now I am working. Can you help me? Mr. & Mrs. Smith filed a bankruptcy case 2 years ago and attempted to pursue a loan modification. However, they...
MY HOME IS SCHEDULED FOR SHERIFF SALE IN 3 DAYS…
My home is scheduled for sheriff sale in 3 days and I have used up all my allowed adjournments. Can you still help me? Under New Jersey law, if you file a chapter 13 bankruptcy Petition before the sheriff sale takes place, you have options to still save your home....
I FILED A CHAPTER 7 BANKRUPTCY IN 2012 AND…
I filed a chapter 7 bankruptcy in 2012 and got a discharge due to other financial problems. In the last few years a creditor is now trying to levy my bank account. Can you help me? Under the law, TAIEB LAW can still help you, but you are not eligible to file another...
I AM OVERWHELMED WITH CREDIT CARD DEBT…
I am overwhelmed with credit card debt but put my home into my daughter’s name 2 years ago. Can you help me? People do not realize that regardless of the reason they put their home in a relative’s name; this is considered a transfer and will have major implications in...
I AM A SENIOR CITIZEN WHO HAS NOT TAKEN…
I am a senior citizen who has not taken my medicine so that I can afford to pay my credit card debts. Can you help me? There is a major crisis today regarding senior citizens and debt. When many people retired, they thought that they could survive on their pension and...
MY HOME IS SCHEDULED FOR SHERIFF SALE AND…
My home is scheduled for sheriff sale and I am currently waiting for social security disability. Can you help me? A client came to TAIEB LAW to file a chapter 13 since he had a sheriff sale scheduled. The major issue was that the debtor’s only income was his wife’s...