Levitt & Slafkes, P.C.

02/07/2026

If you are having a tough time paying your bills, bankruptcy might be a way for you to eliminate some or all of your debt. You must pass the bankruptcy means test to be eligible to file a Chapter 7 bankruptcy. The only times you do not have to pass the means test is when most of your debt is tax or business debt.

This blog will explain what the means test is and how it works.

The bankruptcy means test is an important step in the process of exploring which type of bankruptcy will best meet your needs, goals and financial situation. In this article we talk specifically about the means test, including what income needs to be included and how it is calculated with numbers up...

11/27/2025

As we gather around the table this Thanksgiving, we want to express our gratitude to our clients, colleagues, and community. We’re thankful for the trust you place in us to guide you toward financial fresh starts and peace of mind.

This season and every season we remain committed to treating every client as a person, not just a case.

From our family to yours, Happy Thanksgiving!

09/26/2025

In this blog we will explain what a judgment lien is, how it works, and whether bankruptcy will eliminate the lien.

https://www.levittslafkes.com/blog/can-bankruptcy-remove-judgment-liens-on-my-home/

09/16/2025

08/19/2025

If you’re thinking about filing bankruptcy, one of your main questions is likely whether the bankruptcy will get rid of your debt. This answer depends a lot on whether your debt is secured or unsecured.

In this blog, we discuss the difference between secured and unsecured debts, give examples of each, and explain why this matters when filing bankruptcy.

If you’re thinking about filing bankruptcy, one of your main questions is likely whether the bankruptcy will get rid of your debt. This answer depends a lot on whether your debt is secured or unsecured. In this blog, we’ll discuss the difference between secured and unsecured debts, give examples...

08/08/2025

Check out our newly updated blog covering the things to know about Chapter 13 Bankruptcy

https://www.levittslafkes.com/blog/what-is-a-chapter-13-bankruptcy-and-how-does-it-work/

06/17/2025

Brad Weston, CEO of At Home said in a statement that the company is "operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs." He added that the steps they are taking "will improve our ability to compete in the marketplace in the face of continued volatility and increase the resilience of our business for the long term."

As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.

05/14/2025

In certain situations, Chapter 11 bankruptcy might still be the right choice, for example when you don’t qualify for a Chapter 7 bankruptcy because your disposable income is too high under the means test, and when your debts exceed the Chapter 13 bankruptcy limits.

https://www.levittslafkes.com/blog/what-is-an-individual-chapter-11-bankruptcy/

04/25/2025

Contrary to popular belief, Chapter 11 bankruptcy is not just for businesses. Individuals can file bankruptcy under Chapter 7, Chapter 13, or Chapter 11 of the Bankruptcy Code.

This blog will discuss when an individual can and should file Chapter 11 bankruptcy and provides an overview of the Chapter 11 process.

In this blog post we explain the important components of a Chapter 11 bankruptcy in NJ including who can file, as well as what to expect during the process and why it is important to have an experienced attorney on your side.

04/11/2025

Filing bankruptcy can be an intimidating process. Understanding key bankruptcy terms can help make it more manageable. At Levitt & Slafkes, P.C., we specialize in helping clients get through the bankruptcy process with compassion and ease.

Whether you are thinking you may need to file bankruptcy, or just want to understand the bankruptcy process, becoming familiar with some important terms can provide clarity and ease any concerns.

Read on for terms you should know.

Learn key bankruptcy terms with Levitt & Slafkes, P.C. to better understand the bankruptcy process. From Chapter 7 to automatic stay and creditor details, gain clarity and navigate your financial future with expert guidance. Contact us for a free consultation today!