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February 27, 2010
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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?    
 
 
Can Co-Signers Be Protected
If you file Chapter 7 bankruptcy, the creditor can proceed against your co-signers, according to the terms of the debt agreement. However, if you file a Chapter 13 debt adjustment, a co-signer is protected if the following conditions are met. The debt must be a consumer debt. Also, the debt may not be incurred in the ordinary course of business, and the co-signer cannot benefit from the proceeds of the debt.

 


  Newsroom  
 


News about Bankruptcy in Trenton and nationwide:

In Pennsylvania, U.S. Labor Department Sues Owner Of Company Gone Bankrupt
Philadelphia, Pennsylvania - The U.S. Department of Labor has filed an adversary complaint in federal bankruptcy court against the owner of now def...
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SEC Files Supplement to Proposed Worldcom Penalty Settlement; Proposal Subject to District and Bankruptcy Court Review and Approval
The Securities and Exchange Commission today filed documents modifying the proposed settlement of its claim for a civil penal...
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Senate Passes Schumer Amendment To Bankruptcy Bill To Crack Down On Predatory Loans
Measure Forces Predatory Lenders To Pass Along Liability To Buyers of Loans During Chapter 11 Proceedings, Making it More Difficult to Discharge As...
Read more >


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Bankruptcy Terms

 


Today's Terms

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.

Bankruptcy estate

Definition:
Generally, the property of the debtor that is subject to the jurisdiction of the bankruptcy court.

Chapter Twenty

Definition:
An unofficial term describing the filing of a Chapter 7 proceeding followed by a Chapter 13.

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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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