June 11th, 2021
An interesting thing happened to us this week. We needed the bank to cancel a mortgage that had been stripped off in a closed bankruptcy case. This process eliminates a mortgage under certain circumstances without payment. Well, usually, when we… Read More
April 26th, 2021
Under the Bankruptcy Code, periodically figures are updated for the ‘means test”. The test gives a safe harbor for folks needing bankruptcy protection whose income falls below the median income for their family size in NJ. In plain English, that… Read More
April 9th, 2021
Readers of this column will recall that the federal CARES Act, passed in March, 2020, gave important relief to folks needing bankruptcy relief. From my viewpoint, the ability to extend Chapter 13 repayment plans from 5 to 7 years was… Read More
March 26th, 2021
In a move that will give taxpayers some more time to file their 2020 federal tax returns, the April 15 deadline has been moved to May 15. Thus returns filed by May 15 will be considered on time with the… Read More
March 19th, 2021
After a year’s absence, the Bergen County Sheriff held its first sheriff’s sale today, March 19, 2021. These sales are the final step in the foreclosure process whereby ownership of the borrower’s home is transferred to the successful bidder, usually… Read More
March 16th, 2021
Join Ronald I. LeVine, on April 8 at 6 pm, for an online seminar about how you can seek debt and foreclosure relief through bankruptcy. You’ll learn about: How to decide if bankruptcy is right for you How you can… Read More
December 23rd, 2020
The US Trustee Program announced December 7th that it compelled three mortgage servicers (Nationstar Mortgage, US Bank and PNC Bank) to provide $74,000 to 76,000 borrowers to correct errors in their accounting for payments received after the customers’ bankruptcies. Each… Read More
November 2nd, 2020
We are pleased to share Karin Price Mueller’s site, www.NJMoneyHelp.com . While you’re there, be sure to sign up for her weekly newsletter to gain some insight in your inbox!
October 21st, 2020
Lowenstein Sandler’s Election Protection coalition has materials here, here and here that explain voting rights and election law in New Jersey during the 2020 election. Keep in mind some key dates: October 13 was the deadline to register to vote, October 23 is the deadline for… Read More
August 12th, 2020
School may look a little different this year, but eligible teachers and other educators can still deduct certain unreimbursed expenses on their tax return next year. Who is considered an eligible educator: The taxpayer must be a kindergarten through grade… Read More