Chapter 13 bankruptcy can be beneficial if you have a second mortgage, as the lien can be stripped and the debt erased if you meet certain criteria. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. NEW YORK (TheStreet) — Most retirees would balk at the idea of filing for bankruptcy. But under certain conditions, […]
5 Reasons People (Wrongly) Avoid seeing a Bankruptcy Attorney Like Me!
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman My credit is going to be destroyed False. Most of the time a client’s credit report has been impacted before they see me. There are late credit card payments, collection accounts or a foreclosure. While the bankruptcy will remain on your credit report for 7-10 years […]
To Buy or Rent a Home? Weighing Which Is Better
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman Rob Austin and his wife, Natalia, have a 10-month-old son, healthy incomes and plenty of cash in the bank for a down payment on a house. But they are happily renting a townhouse in Pasadena, Calif., with no plans to buy for now, given the frothy […]
