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July 20, 2010
Bankruptcy
             
 
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Bankruptcy Resources

 


The best way to inform yourself about Trenton Bankruptcy Law and Bankruptcy related topics. Our Bankruptcy Resource Center includes the following sites for your personal use:

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Did You Know?    
 
 
There are a number of protections for consumers in the Fair Debt Collections Practices Act
One important point - you are responsible for your debts. Nothing in this law gives you the right to skip out on your bills. It just protects you from unscrupulous collection agencies. And the lender can take legal action to collect the money.
 


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News about Bankruptcy in Trenton and nationwide:

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Bankruptcy Terms

 


Today's Terms

Exclusivity (period of)

Definition:
A debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans.

Deed in Lieu of Foreclosure

Definition:
If you will be unable to cure the default, and a private sale does not appear realistic, VA will consider accepting a deed in lieu of foreclosure. If there are no liens on the property, and VA agrees to accept a deed, you will have to sign legal papers making VA the owner of the property.

Reamortization

Definition:
If your loan is reamortized, the delinquency is added to the loan balance in order to bring your payments up to date. This increases your loan amount and will also increase your monthly payments.

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Bankruptcy Resources
 


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Bankruptcy Hot Topics
 
Topics Related to Bankruptcy:

  • Chapter 7
  • Chapter 13
  • Chapter 11
  • Chapter 12
  • Chapter 9

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Trenton Bankruptcy Attorney
 
If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

  • Absecon
  • Asbury Park
  • Atlantic City
  • Bayonne
  • Blackwood
  • Bloomfield
  • Brick
  • Bridgeton
  • Bridgewater
  • Clementon
  • Clifton
  • East Brunswick
  • East Orange
  • Edison
  • Elizabeth
  • Englishtown
  • Fort Lee
  • Freehold
  • Hackensack
  • Hoboken
  • Howell
  • Jackson
  • Jersey City
  • Kearny
  • Lakewood
  • Linden
  • Marlton
  • Millville
  • Monroe Township
  • Morristown
  • Mount Holly
  • Mount Laurel
  • New Brunswick
  • Newark
  • North Bergen
  • North Brunswick
  • Old Bridge
  • Passaic
  • Paterson
  • Perth Amboy
  • Piscataway
  • Plainfield
  • Princeton
  • Sewell
  • Somerset
  • Teaneck
  • Toms River
  • Trenton
  • Union
  • Vineland
  • Wayne
 


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