Tag Archives: chapter 7

Unemployed? Consider Bankruptcy

April 11, 2014

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When you are unemployed, it may be the perfect time to file a bankruptcy case. It can be a difficult decision because when you are unemployed, creditors may consider you “judgment proof” and decide not to pursue collection against you. However, when you do not have a job, it may also be the right time […]

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Should a Chapter 7 Debtor Sign a Reaffirmation Agreement?

March 14, 2014

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When you file a Chapter 7 bankruptcy, your secured creditors may ask you to sign a document called a reaffirmation agreement. A reaffirmation agreement is essentially a new contract which provides that the debtor agrees to pay all or a portion of the debt owed to the creditor, despite the bankruptcy filing. In other words, […]

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Gold River businessman gets 17 years for bankruptcy fraud

March 11, 2014

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gold-river-businessmanGold River businessman Steven Zinnel and his wife were divorced in 1999, and as proceedings dragged on, things got ugly. According to the Sacramento Bee, Zinnel told his wife in an angry email in 2001 that he intended to file for bankruptcy, and that she and the ex-couple’s two teenage children would get nothing. The problem […]

The post Gold River businessman gets 17 years for bankruptcy fraud appeared first on newjerseybankruptcynow.com.

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How Chapter 7 Bankruptcy Can Help You

February 4, 2014

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Hopefully you have read our blog titled “Reasons To File a Chapter 13 bankruptcy” and you understand the many advantages of filing a Chapter 13 bankruptcy. This blog will focus on the many benefits of a Chapter 7 case, including: • Quicker results.  In comparison to a Chapter 13, which lasts 3 to 5 years, […]

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