So many of you are killing yourselves, working more than one job, to try to make ends meet to pay for food, gas and deal with the inflation that is impacting all of us. However, the worst place to try to get money is to borrow from your pension, 401k or other...
Chapter 13
Chapter 13
THE MEANS TEST IS KINDER AND GENTLER FOR NJ BANKRUPTCY
How many of you are afraid that you don’t qualify for chapter 7 bankruptcy? Effective April 1,2022, the numbers for the means test have increased again in New Jersey. If you live alone and have substantial credit card debt, if you earn $75,321, you will qualify for a...
CLEAN UP YOUR DEBT FOR SPRING CLEANING
How many of you are afraid of losing your home or vehicle if you file for bankruptcy? Whether you lose your property is based on how much your property is worth. Taieb Law will put you in the right bankruptcy, so you won’t lose your property. However, the most...
HOW WILL THE 3.5 TRILLION-DOLLAR BILL AFFECT YOU FINANCIALLY?
Many Americans do not understand the provisions of the 3.5 trillion-dollar bill pending in Congress since it has been touted as an infrastructure bill. Unfortunately, only a very small percentage of the bill is to rebuild bridges and highways that desperately need...
I LOST MY JOB AT THE BEGINNING OF THE PANDEMIC AND GOT A MORTAGE FORBEARANCE. NOW I AM BACK TO WORK, BUT I OWE ALL THAT BACK MONEY. CAN YOU HELP ME?
Many people lost their jobs during the pandemic and got mortgage forbearances to help them. Some were fortunate and got the mortgage forbearance arrears to be put at the balance of their mortgage which can be a loan modification or partial claims mortgage. However,...
IS MY HOME PROTECTED FROM SHERIFF SALE BY THE EVICTION MORATORIUM?
Many people who live in New Jersey are concerned since there is so much confusion over the Eviction Moratorium. Some renters are protected until the end of the year by Governor Murphy’s legislation. However, not all tenants get that protection until the end of the...
HOW DO I PAY MY BILLS WITH THE COST OF GASOLINE & PRICES CONTINUING TO RISE?
Since the beginning of the pandemic, the government has spent substantial sums of money which has created inflation which seriously devalues any money you have saved. Also, as the country is moving towards energy dependence gasoline prices have skyrocketed. When...
WHAT DO I DO IF I AM BEHIND ON MY TRUCK PAYMENTS?
Prior to the United States’ Supreme Court’s decision in City of Chicago v. Fulton 592 U.S. (2021), if your vehicle was repossessed, you would file a chapter 13 bankruptcy petition and provide the creditor with proof of insurance and get your vehicle back within a...
WHAT DO I DO WITH MY STIMULUS CHECK OR TAX REFUND?
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...
Debt Escalates Larger All Year
Since the Covid-19 Pandemic hit, most people have been DELAYING dealing with their debt since there are moratoriums on evictions and foreclosures. Even though the courts are open in New Jersey and creditors are pursuing collection cases, the key word is DELAY since...