A free guide for New Jersey residents considering bankruptcy. Filed in D.N.J..
Before filing bankruptcy, you can strategically stop paying unsecured debts like credit cards and medical bills. Keep paying your mortgage, car payment, utilities, child support, and alimony. Be aware of the 90-day preference period -- large payments to specific creditors before filing can be clawed back. Do not take cash advances or make luxury purchases on credit cards within 70-90 days of filing.
Filed in D.N.J.. Courthouse: 50 Walnut St, Newark NJ.
Before filing bankruptcy, you can strategically stop paying unsecured debts like credit cards and medical bills. Keep paying your mortgage, car payment, utilities, child support, and alimony. Be aware of the 90-day preference period -- large payments to specific creditors before filing can be clawed back. Do not take cash advances or make luxury purchases on credit cards within 70-90 days of filing.
Yes. This applies to D.N.J.. Local trustee practices may vary. Consult a qualified attorney.
50 Walnut St, Newark NJ.
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