On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Jun 16, 2020 | Bankruptcy
Chapter 7 bankruptcy protection offers what is perhaps the fastest, most effective method of getting out of debt and returning to financial solvency. Unfortunately, many people are reluctant to avail themselves of this powerful tool. Some fear they will lose...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Jun 1, 2020 | Bankruptcy
If you’re reading this blog then you’re probably thinking about whether bankruptcy can provide you with the debt relief you need. The answer is “yes,” but you might be worried about at what cost that relief comes. Many individuals find themselves concerned about their...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Dec 24, 2019 | Bankruptcy
The vast majority of people in New Jersey and across the country work hard to fulfill their financial obligations. Unfortunately, unforeseen circumstances can easily derail a person’s best intentions. For example, a lost job or serious medical condition can...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Dec 12, 2019 | Bankruptcy
There are many organizations and businesses in New Jersey that are dedicated to achieving success. However, there are often a variety of different factors at play that could ultimately impact the ability to be successful — often, these factors may be beyond the...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Jun 27, 2019 | Bankruptcy
The vast majority of people in New Jersey and across the country are hard workers, dedicated to providing for themselves and their families and meeting their financial responsibilities. Unfortunately, even these people can become overwhelmed with debt, potentially...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Jun 13, 2019 | Bankruptcy
Many people in New Jersey spend a great deal of time and energy planning for their financial future. Often, they will make sacrifices in the present to ensure a stable situation in the future. Unfortunately, these plans can come to a crashing halt, often due to...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Dec 13, 2018 | Bankruptcy
Most people in New Jersey are hardworking individuals who are dedicated to ensuring that all of their obligations — including their financial ones — are met. Unfortunately, some people may experience unforeseen circumstances, such as the loss of a job or...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Aug 7, 2018 | Bankruptcy
When most people think of risk factors for financial trouble, age may not be the first thing that comes to mind. But recent figures show that older Americans may be seeking bankruptcy relief with increased frequency. New research from the Consumer Bankruptcy...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Jun 28, 2018 | Bankruptcy
One of the most difficult types of debt to manage is student loans. This is because student loans are typically not dischargeable in bankruptcy. However, New Jersey debt holders may see this change in the future.Over 44 million borrowers in the U.S. have outstanding...
On behalf of Bastarrika, Soto, Gonzalez & Somohano, L.L.P. | Jun 10, 2018 | Bankruptcy
Many people looking for a fresh financial start can be confused by the different types of bankruptcy available and the laws associated with each. New Jersey individuals typically file for either Chapter 7 or Chapter 13 bankruptcy. It is important for individuals to...
