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Bankruptcy for Seniors: Safeguarding Social Security and Pensions in NJ - Daniel Straffi
From Straffi & Straffi Attorneys at Law – Bankruptcy for Seniors: Safeguarding Social Security and Pensions in NJ examines how older adults in New Jersey can use bankruptcy as a tool to protect their core retirement income. In this episode, we unpack the legal protections around Social Security, pensions, retirement accounts, and the nuances of choosing exemptions when filing under Chapter 7 or Chapter 13.We begin by framing the financial vulnerabilities of retirees — rising medical bills, credit card debt, mortgages, or supporting family members — and show how these challenges can escalate…
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