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Ast & Schmidt, P.C.
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Quick Guide to a Chapter 13
Read through this article to learn about some of the pros and cons of a chapter 13 bankruptcy. Did you know that filing for this type of liquidation can stop collections and protect a third-party signer, but may still require debt repayment? Find out more about who is eligible for this potentially beneficial legal option.
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The impact bankruptcy has on job prospects
Learn how your recent bankruptcy might qualify or disqualify you for certain job positions and professional licenses in New Jersey. Find out more about whether you can be fired from your current position, why you should be honest about your bankruptcy on applications and the kind of security clearances you may receive.
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What are some common myths about bankruptcy?
Check out this article about consumer bankruptcy and some of the common myths that surround this legal process. For example, some believe that only financially irresponsible people file bankruptcy when many life events can warrant its necessity. Those who believe filing bankruptcy is their best option may benefit from turning to an attorney for guidance.
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Which type of the Bankruptcy Code should you file?
If your debts are more than you can pay, you may need to file a bankruptcy. Chapter 7 or Chapter 13 may eliminate your debts, but they are different and a bankruptcy attorney can assist with determining which is better suited to your specific situation.
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