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 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,...
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...
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...