The New Jersey Bankruptcy Laws in accordance with the U.S Bankruptcy laws are under Article 8.
If you have any fear of foreclosure or loss mortgaged property, you must file a petition immediately to wash-off the debts.
You must have proper knowledge about the entire process.
The new introductions such as the means test and the exemptions might help you.
- Within a short span of time, you can have your case resolved if you file a proper petition
- You can take protection for your property
- Chapter 7 is much more complex than the Chapter 13
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