Those in the U.S. have the option of picking from six chapters of bankruptcy, depending on their circumstances. In general, consumers are most familiar with Chapter 7 bankruptcy and Chapter 13 bankruptcy, the most commonly filed ones. There is a third kind individuals...

Because they offer a path toward debt forgiveness, Chapter 7 bankruptcy filings can appeal to many people struggling with the burden of debt. However, in order to qualify for this specific bankruptcy filing, you must pass a test known as the means test. What is the...

Parents divorcing in New Jersey must come up with a custody arrangement that serves the child's best interests while preserving each parent's right to parenting time. Generally, the court considers the parent of primary residence as the parent who has more than 50% of...

When you file for bankruptcy, you can keep certain assets while still qualifying for debt discharge. In New Jersey, you can choose to use either the state or federal property exemptions. If you struggle with mounting debt and live in New Jersey, review the types of...

You and your spouse have more than one option when it comes to determining how to divide the family home fairly in your divorce. What you will be dividing is the equity, so each of you should hire an appraiser to place a value on the real estate. Your next move...

Personal bankruptcy comes in two types: Chapter 7 and Chapter 13. When deciding on which petition to file, a New Jersey resident may wish to learn more about the requirements for a Chapter 7 bankruptcy.  As noted by Kiplinger magazine, the court may eliminate some...

When you begin researching bankruptcy to resolve unmanageable debt, you may see the terms Chapter 7 and Chapter 13. What do these words mean, and how do they apply to your financial situation? Explore the difference between Chapter 7 and Chapter 13 bankruptcy filings...

You may have heard horror stories of divorce proceedings dragging on over months and even years. You and your spouse have decided to divorce, and you want it done sooner rather than later. An uncontested divorce may offer the best solution for ending your marriage. If...

When facing bills that you cannot pay and mounting debt, you generally have two options: You can seek out debt relief or file bankruptcy in New Jersey. Both options have good and bad points that you should educate yourself on before making your final decision. Either...

When a child's parents have divorced or no longer have a relationship, either parent can request child support services through the New Jersey Child Support Enforcement Agency. This agency can help you establish paternity, find a parent who does not have custody,...