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...
Chapter 13
Chapter 13
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...
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...