To file bankruptcy the trust has to have a better position than its creditors

Can a Trust Declare Bankruptcy?

July 25, 2018BankruptcyLeave a commentDerek Soltis

Is it possible for a Trust to declare Bankruptcy?

I was asked this question last week, and as with almost every question asked of an attorney the answer was, "It depends." A trust is normally used to pass wealth or property with less...

Same Day Emergency Bankruptcy Filings In California

April 3, 2018BankruptcyLeave a commentJohn Anderson

In filing for either a Chapter 7 or Chapter 13 Bankruptcy, several forms have to be filed with the Bankruptcy Court. For example, proof of past 6 months of income earned and the Means Test. A list of all assets owned such as residence, vehicles,...

The Pitfalls Associated With Debt Settlement Programs

February 20, 2018BankruptcyLeave a commentJohn Anderson

Debt settlement is often advertised as the best route to obtain relief when you are in financial turmoil and are unable to make further payments on any credit or loans. However, that is hardly the case. Debt settlement is known to leave the...

Are you too Broke to File Bankruptcy?

January 22, 2018BankruptcyLeave a commentDerek Soltis

Do you feel like you do not make enough money to file Bankruptcy in New Jersey?

It may sound counter-intuitive, but some people do not have enough money to file for bankruptcy. According to CNN hundreds of thousands of...

New Jersey Credit Repair after Bankruptcy – 7 Steps to a 720 Credit Score

December 12, 2017Bankruptcy, New Jersey Bankruptcy, New York BankruptcyLeave a commentDerek Soltis

We have partnered with 7 STEPS TO A 720 CREDIT SCORE to help our Clients Repair their Credit after filing Bankruptcy.

Any bankruptcy attorney can file a chapter 7 bankruptcy or chapter 13 bankruptcy for you, but how many are trying...

Steps you can take to stop the foreclosure process

November 10, 2017BankruptcyLeave a commentJohn Anderson

Steps you can take to stop the foreclosure process

If you have received a notice of default after missing a couple of mortgage payments, it does not mean that your house will be foreclosed. You can still take a couple of...

The Benefits and Possible Pitfalls of Bankruptcy while being foreclosed in New Jersey explained by a NJ Licensed Bankruptcy / Foreclosure Defense Attorney

September 23, 2017Bankruptcy, New Jersey BankruptcyLeave a commentDerek Soltis

Before you file for bankruptcy consult with an NJ Bankruptcy attorney. At the Law Offices of Patel and Soltis we offer free consultations to anyone considering bankruptcy. Whether you sign with us or not, we will go over all of your options and...

Foreclosure Defense For NJ Homeowners swindled by their Contractors

September 21, 2017Bankruptcy, New Jersey Foreclosure DefenseLeave a commentDerek Soltis

Talk to an NJ Foreclosure Defense Attorney if you are in Foreclosure because of your Contractor

If you are a New Jersey Homeowner facing foreclosure based on a home improvement loan where you were swindled by your contractor you now...

Emergency Bankruptcy Filing to Stop Foreclosure Sale in New Jersey and New York

August 22, 2017Bankruptcy, New Jersey Foreclosure DefenseLeave a commentDerek Soltis

Stop a Sheriff Sale by Filing an Emergency Bankruptcy Petition with a New Jersey Foreclosure Defense / Bankruptcy Attorney Today

If you need to stop a foreclosure sale, filing a bankruptcy petition...

Use a New Jersey Bankruptcy Attorney to help you file for bankruptcy to see why there is a 95% success rate for Chapter 7 Bankruptcies

July 8, 2017Bankruptcy, New Jersey Bankruptcy, New Jersey Foreclosure DefenseLeave a commentDerek Soltis

If you are thinking about filing for bankruptcy talk with a New Jersey Bankruptcy Attorney for free first.

Many times people have problems and think bankruptcy may be their only answer. Talk with one of our NJ Bankruptcy attornies for...

Contact a New Jersey Bankruptcy Lawyer at 844-533-3367 to Learn How Much it Does Cost for a Bankruptcy in Jersey City Nj

May 14, 2017BankruptcyBarbey Ashton

How Much Will it Cost to File for Bankruptcy in Jersey City New Jersey?

Everybody preparing to file for bankruptcy wants to understand how much it's going to cost. That is clear as insolvency comes at a period when credit and money may...

Foreclosure Lawyer Jersey City NJ 07302

March 29, 2017Bankruptcy, New Jersey Foreclosure DefenseMaurine Chertok

Do not face Foreclosure Litigation in NJ alone. Locate a NJ Foreclosure Attorney to help You.

Talk to a NJ Foreclosure Attorney today for FREE.

Even if you believe you cannot afford help for litigation of your foreclosure,...

Look at the Jersey City map for outstanding Foreclosure Defense

Benefit from the Journal Square 2060 Redevelopment Plan even if you are in Foreclosure

January 23, 2017Bankruptcy, New Jersey Bankruptcy, New Jersey Foreclosure DefenseLeave a commentVeer Patel

What does Journal Square 2060 mean to someone with a Bank Foreclosure or has a Tax Lien Foreclosure?

Everyone remembers the housing market crash of that started roughly in 2006 and 2007 with home prices bottoming out in 2012. Journal...

How much does it cost to file bankruptcy in New York or New Jersey?

November 5, 2016Bankruptcy, New Jersey Bankruptcy, New York BankruptcyLeave a commentVeer Patel

Everyone preparing to file for bankruptcy wants to know how much it costs.

This makes perfect sense as bankruptcy usually comes at a time when money is tight. We try to make the cost of filing a Chapter 13 or Chapter 7 the same for...

Law Offices of Patel & Soltis

5.0

Davis Themserither

16:34 11 Aug 17

This review is for Derek Soltis - I am a property owner in NYC and had a foreclosure issue with one of my properties. Through a phone call Mr. Soltis provided me with the guidance to resolve the issue on my own without hiring him as an attorney. The process was straight forward but was unknown to me. With Derek's advice I was able to address the issue. He took some time to briefly educate me on the "process" and got me pointed in the right direction. I respect that Mr. Soltis assisted me with guidance and did not ask for payment even though this was the first time I had spoken with him. This is the sign of a true professional. I would not hesitate to contact Derek Soltis in the future to represent me in legal matters.

RAjua Lalu

09:14 15 Jul 17

I just got off the phone with Derek Soltis and I am so impressed and grateful I found him. I had a couple of preliminary questions before I even came him and he answered them HONESTLY. Not all attorneys will be so honest if something is worth proceeding forward with....but Derek is so honest and made me feel very comfortable. I would highly recommend this law office based off my conversation with Derek. He is kind, honest, articulate, and actually cares. Now I hope something happens to where I need to hire an attorney because I will hire Derek for sure. Thanks so much for your advice Derek! The law industry needs more lawyers like you

Valerie Pettigrew

08:52 26 Jul 17

The team at Patel and Soltis are excellent. They are expert in all aspects of real estate law. They helped my husband and I purchase our home, which involved a difficult and tedious short sale process. Without a doubt, we would not have made the deal happen without them. They are respectful, responsive and knowledgeable. I recommend them without reservation.

Myers Rangho

12:50 03 Aug 17

Was referred to Mr. Patel by a friend. I had concerns about my Mom's estate. They were able to get me assigned as the executor. Helped me transfer her home into my Sister and I's names . He worked with me on every question I had. He was able to talk me through one of the hardest things I have ever had to do in my life.

George P

14:13 30 Jun 17

Mr. Patel was very helpful in my foreclosure case. He answered numerous questions regarding the case. He discussed it in detail and I am very pleased with my experience. Thank you very much and a job well done. George

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