Chapter 13 bankruptcy is often their best option for debtors who decide to stop collection efforts from their creditors but still want to repay their debts. People who have fallen behind in their mortgage payments often choose this option because it allows them a chance to “catch up” before their …

Deciding to file for personal bankruptcy is a decision that weighs heavily on the minds of those who find themselves buried under debt. The NJ bankruptcy laws were designed to lessen the burden of this excessive debt by creating a system under which some of the debt could be discharged. …

What is a consumer proposal? A consumer proposal is a legal process that allows you to negotiate a settlement with your creditors. It is an option that is provided under the Bankruptcy and Insolvency Act, but is not bankruptcy. In fact, it is a very good way to avoid bankruptcy …