I receive many calls from tenants as well as landlords who own/rent a residential property related to the foreclosure process and how it affects rental payments.. A tenant must continue to pay rent to their landlord or to the receiver if one is appointed until the ownership changes. Tenants should keep receipts of all […]
At this time and always, I am thankful for all my clients and friends. I wish you and your families a wonderful Thanksgiving. Ralph
November 15, 2016 Median income is the amount that divides the income distribution into two equal groups: Half having income above that amount Half having income below that amount. New Jersey has the highest median income in all 50 states. 1 earner = $62,149 Family Size: * 2 = $74,367 3 = $92,489 4 = $113,455 Add $8,400 for each […]
There are 3 factors or prongs (Brunner Test) that must be met to discharge student loan in a bankruptcy: Poverty: Persistence Good Faith Details of Case: Debtor (representing herself) sought to discharge her student loan in bankruptcy. Debtor met 2 of the above prongs. Debtor had not responded to the U.S. Department of Education with […]
Law firm that sued Debtor must pay $50,000 in punitive damages, plus. Details of Case: Debtor filed bankruptcy. Debtor was a basketball coach and was sued by a former player for sexual contact. Law Firm who represented player dismissed their law suit against the coach. Law Firm was notified of the Bankruptcy. One year later, […]
