For people struggling financially due to the Covid 19 Pandemic, is a $1,400 stimulus check or tax refund truly going to resolve their financial issues and make them debt free? If a stimulus check or tax refund can get you totally debt free where you have no balance on...
bankruptcy
bankruptcy
I AM VERY CONFUSED ABOUT THE COVID-19 MORATORIUM’S AND GOVERNOR MURPHY’S EXECUTIVE ORDERS. CAN I LOSE MY HOME IF I AM BEHIND ON REAL ESTATE TAXES?
Since Covid-19 has hit there is so much uncertainty and many people do not understand the Executive Orders signed by Governor Murphy. The process with real estate taxes is as follows: New Jersey law requires that all 566 municipalies hold at least one tax sale per...
I FEEL SO STRESSED OUT. I AM PAYING OVER $2000 PER MONTH ON CREDIT CARD DEBT AND A PERSONAL LOAN. WHAT DO I DO SINCE THERE IS NO END IN SIGHT?
Since Covid-19 has hit there is so much uncertainty and many people are getting deeper in credit card debt and personal loans. They are making payments each month which is killing them and not putting a dent in principal. Besides everybody worrying about Covid-19,...
WHO DO YOU WANT TO HELP YOU WHEN YOU ARE OVERWHELMED WITH ALL TYPES OF FINANCIAL PROBLEMS DUE TO COVID-19?
I started practicing law in 1985 and like all of you, nobodyincluding the greatest fiction writers in the world, would have predicted how COVID-19 would throw our lives upside down and have a devastating impact on so many people financially. We have been extremely...
MY WIFE AND I HAVE INCURRED SUBSTANTIAL CREDIT CARD DEBT IN THE LAST FEW YEARS . HOWEVER, OUR INCOME IS OVER $120,000. CAN WE STILL DECLARE BANKRUPTCY?
There is so much misinformation about bankruptcy on the internet. The first thing that people must realize is that there are several bankruptcies available to help people who are in debt. When most consumers think of bankruptcy, they are talking about a chapter 7...
I AM BEHIND ON MY MORTGAGE BUT MY UNDERSTANDING IS THAT I CAN GET A FORBEARANCE. CAN YOU EXPLAIN THIS TO ME.
On August 27,2020 the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will extend the moratoriums on single family foreclosures and real estate owned evictions until at least December 31,2020. This moratorium only applies to Enterprise backed...
I AM IN A CHAPTER 13 PLAN AND HAVE FALLEN BEHIND ON MY MORTGAGE AND TRUSTEE PAYMENTS AS A RESULT OF COVID-19. CAN YOU HELP ME?
Many of our clients, who are currently in chapter 13 do not realize that the CARES Act allows them to extend their plans up to 84 months(instead of 60 months) if they can establish that COVID-19 has materially impacted their financial situation. At TAIEBLAW, we have...
I AM BEHIND ON MY CREDIT CARD BILLS. SHOULD I USE MY TAX REFUND TO DOWN SOME OF MY CREDIT CARD DEBT?
As Mr. Taieb has advised in the past, you should never waste your tax refund on credit cards unless it satisfies them totally and makes you debt free. Even though you are attempting to pay back your debt, the creditors will still go after you if you have not satisfied...
MY MOTHER WAS VERY SICK FOR SEVERAL MONTHS AND DIED A FEW WEEKS AGO. AS A RESULT, I INCURRED SUBSTANTIAL DEBT DUE TO THE TIME I MISSED FROM WORK AND PAYING FOR HER MEDICAL EXPENSES AND FUNERAL. CAN YOU HELP ME?
Steven N. Taieb, Esquire has been helping people for 34 years who got into debt due to circumstances outside of their control. If you fall behind on your mortgage or auto payment because of unforeseen circumstances, a bankruptcy petition is there to help your...
I RETIRED A FEW YEARS AGO DUE TO MEDICAL ISSUES AND GET A LARGE PENSION AND SOCIAL SECURITY. HOWEVER, THE CREDIT CARDS ARE DESTROYING ME. CAN YOU HELP ME?
A senior came to TAIEBLAW who has a very good income on paper but is getting killed by the credit card payments each month since they are over 30% interest. The senior is able to file a Chapter 13 plan to substantially eliminate a large chunk of her debt. She would...