Steven J. Richardson | May 25, 2006
Debtors in bankruptcy are entitled to exemptions under the law to protect assets up to a specified value. These exemptions arise out of both state law and federal bankruptcy law, but New Jerseyans usually opt for the federal ones. Virtually all of said exemptions refer to specific categories of assets (e.g. home equity, jewelry, motor [...]
Category: Bankruptcy |
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Tags: Bankruptcy, personal injury
Steven J. Richardson | May 5, 2006
One of the many provisions of BAPCPA is a requirement that debtors enroll in a credit counseling program and obtain a certificate of completion within 180 days of filing of their bankruptcy. This requirement is waived if the person cannot complete this requirement because he or she is:
Incapacitated (i.e. impaired by reason of mental illness [...]
Category: Bankruptcy |
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Tags: Bankruptcy, credit counseling