Can I File For Bankruptcy In New Jersey?
The Cerbone Law Firm has been providing the highest quality legal services to NJ residents and businesses for over 25 years. For example, bailing out of debt could be tackled through Chapter 7, while avoiding a foreclosure is best addressed with Chapter 13. Dealing with these types of bankruptcy declaration ensures preparation of a heap of legal document - a task that is more efficiently achieved by someone familiar with the system.
Armed with Article 2, 2A, and 9 knowledge; creditors' rights experience; and a thorough understanding of equipment leasing documents and mechanics; our team has the ability to move through state court remedies and bankruptcy court procedures to achieve results.
Chapter 13 — For consumers who want to hold onto assets, such as their home or vehicle, Chapter 13 provides a way to reorganize their Bankruptcy attorney nj debt, repay a portion over time from their disposable income, and discharge the remaining qualifying debt after three or five years.
An additional credit counseling session is required after the trustee meeting, and creditors then have an additional period to object to the discharge of certain debts before the discharge is officially entered, which is two months after the trustee meeting.
The attorneys in the Creditors' Rights & Bankruptcy Practice Area provide guidance and counsel to business, institutional and individual clients in issues involving reorganization, receivership and insolvency, and resolving both their own financial affairs and difficulties as well as dealing with those of their clients and customers.
You have provided the attorney with all of the documents listed above, made the payments as contracted in full and you have taken your credit counseling class ( 30 minute online or telephone class that is required before the filing of your petition).
When someone comes to the realization that things are just not getting better; the creditor calls are increasing, credit lines are at the limit, and their homes could be in foreclosure, individuals should look for the advice from an experienced bankruptcy attorney.