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NJ Bankruptcy Stats – Bankruptcies Down 49% October 2020 YTD vs. Prior Year

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NJ bankruptcy filings are down 49% – October 2020 YTD versus October 2019 YTD.

Bankruptcy filings on the decline – even with COVID?

Are people just waiting until all the Stimulus Packages are Ended?

That might not be a good idea since you may qualify for Chapter 7 now but may not when you return to work.

Remember:    Stimulus $ do not count toward income eligibility.