Chapter 13 Bankruptcy In New Jersey
If you are struggling with unmanageable debt and harassment from creditors and collection agencies, I urge you to consider scheduling a free consultation to discuss your options, including Chapter 13 bankruptcy protection. I have extensive experience helping individuals and families reclaim control of their financial condition by exploring all debt options or relying on Chapter 13 bankruptcy protection.
Given the new restrictions under the bankruptcy laws passed in 2005, filing for Chapter 13 bankruptcy may be the correct track for debt relief if you or your family does not meet the requirements for anther bankruptcy option, such as Chapter 7.
Additionally, with the legal guidance I’ll provide, you may be able to avoid losing your house to foreclosure and having other items repossessed while restructuring your debt payments.
So why not pick up the phone and speak with an experienced New Jersey Chapter 13 Bankruptcy Lawyer….and get your questions answered for free. Call me at 1 866 503 5655.
A Summary Of Chapter 13 Bankruptcy
Under Chapter 13 bankruptcy, debtors suggest a plan that meet the conditions outlined in the bankruptcy laws. This plan lays out the debt repayment all creditors.
For instance, if you own a home, you have the option of selling the home or presenting a 60-month plan to bring current any mortgage payments that are outstanding. And under several Chapter 13 repayment plans, if you are behind on mortgage payments and have high credit card debt, you may end up only having to pay five percent on all outstanding credit card balances.
When the bankruptcy court agrees to the repayment plan, and providing the debtors make the fixed payments in a appropriate manner to the bankruptcy trustee or through automatic payroll deductions, their property exempt to seizure by creditors.
Experienced New Jersey Bankruptcy Lawyer
As a NJ Bankruptcy Lawyer, I have offered legal guidance for thousands of individuals and families in bankruptcy proceedings. I will carefully explain the bankruptcy laws that pertain to your situation and outline the differences between all of options that apply to your situation.
That will enable you to make an informed decision about what will be best for you and your family.
If you are looking for a NJ bankruptcy lawyer to help you reorganize your debt in order to make a fresh start, call 866-503-5655 today and schedule a free consultation.