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How Common Are Adversary Proceedings in Bankruptcy?
By Brenner Spiller & Archer, LLP | November 22, 2021
How Common Are Adversary Proceedings in Bankruptcy? The purpose of a bankruptcy proceeding is to determine the extent to which the person seeking bankruptcy can cover their expenses. Expenses that the petitioner cannot pay either get reorganized up into a repayment plan in a Chapter 13 bankruptcy or discharged in a Chapter 7 bankruptcy. Traditionally,…
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Pros and Cons of Short Sales
By Brenner Spiller & Archer, LLP | October 7, 2021
Each year, millions of Americans struggle to keep up with their mortgage. Financial issues from the sudden death of a loved one, prolonged unemployment, and other issues can leave a homeowner overwhelmed without many options. This is around the time when homeowners start considering a short sale. A short sale allows a homeowner to sell…
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4 Ways a Real Estate Attorney Can Help You
By Brenner Spiller & Archer, LLP | September 1, 2021
If want to buy or sell a home, it’s probably a safe guess that you’re stressed out. It’s a huge transition, but it turns out that you don’t need to do it on your own. Many people hire real estate attorneys to take care of the tough work and provide leadership throughout a challenging process….
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How Chapter 13 Bankruptcy Can Save You From Apartment Eviction
By Brenner Spiller & Archer, LLP | July 20, 2021
Struggling to make your rent payments? If so, you’re probably on edge anticipating an eviction. However, if you’re considering filing for Chapter 13 bankruptcy, it may protect you from getting kicked out of your apartment. In the state of New Jersey, a tenant can only be evicted if the landlord obtains a Judgment for Possession….
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3 Things a Case Trustee Does During Chapter 7 Bankruptcy
By Brenner Spiller & Archer, LLP | July 6, 2021
When a person files for Chapter 7 bankruptcy, a case trustee is appointed to manage the bankruptcy estate. This role is filled with a multitude of tasks and responsibilities and it’s complicated to try and offer a brief summation. The following are three of the biggest tasks a case study handles during the course of…
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