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...
Chapter 13
Chapter 13
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...
I WAS DOING REAL WELL BUT I HAD AN INCIDENT WITH MY LAST EMPLOYER AND WAS OUT OF WORK FOR 6 MONTHS. AS A RESULT, MY HOME WENT INTO FORECLOSURE AND I WAS DENIED A LOAN MODIFICATION. CAN YOU HELP ME?
Taieblaw deals with people in this situation on a regular basis. Recently, he helped a man from Cumberland County who had done very well in the past but fell behind on both of his homes and had a Sheriff Sale pending. Mr. Taieb filed a Chapter 13 and devised a plan...
MY SON GOT SICK AND I HAD TO INCUR A LOT OF OUT-OF-POCKET EXPENSES AND FELL BEHIND ON A LOT OF BILLS. CAN YOU HELP ME?
The whole purpose of filing bankruptcy is to help honest people get a fresh start for circumstances that occurred outside of their control. Recently, a lady from Burlington County came to TAIEB LAW who earns a very good salary but had to take care of her child who got...
I WAS INJURED AT WORK, AND AS A RESULT THE MORTGAGE COMPANY IS FORECLOSING. I AM EXPECTING A SETTLEMENT IN A COUPLE OF MONTHS. CAN YOU HELP ME?
A recent study has shown that one of the major reasons people get into debt is because of medical bills and illness. Also, unemployment and divorce often lead to financial problems. The worst thing you can do is to wait for the workers’ compensation settlement...
MY FIANCÉ LEFT ME AND I INCURRED ALL THE DEBTS HE 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 with debts because you had a fiancé who was a problem, you may have...
I JUST HAD A NASTY DIVORCE AND I OWE A SUBSTANTIAL AMOUNT IN DEBT FROM A PROPERTY SETTLEMENT THAT I WAS COERCED INTO SIGNING. CAN YOU HELP ME?
One of the biggest reasons that people end up in bankruptcy is because of divorce. As was analyzed in Chapter 2 of The Debt Trap: How Your Life Choices Impact on Your Financial Future, choosing the wrong partner is one of the major reasons people file for...
I FILED A CHAPTER 7 WHEREBY I SURRENDERED MY HOME. THE HOME HAS GONE TO SHERIFF SALE BUT THE CREDITOR IS PURSUING ME FOR THE DEFICIENCY. CAN YOU HELP ME?
Under section 11 USC 524 (a)(2) an Order discharging a debt in a bankruptcy case “operates as an injunction against the commencement or continuation of an action, the employment of process of an act to collect, recover or offset any such debt as a personal liability...
HOW DOES THE CHANGE OF EXEMPTIONS AND CHAPTER 13 DEBT LIMITS HELP ME WITH MY BANKRUPTCY FILING?
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...