If you are facing insurmountable debt, you can work with an experienced Bergen County Chapter 13 bankruptcy lawyer right here at the Law Office of Boyd & Squitieri to determine the right course of action to take in helping you ultimately become debt-free. Upon evaluation, we may decide that Chapter 13 bankruptcy is right for you, and if this is the case, we can work to attain the best outcome possible on your behalf. Contact us today to learn more about Chapter 13 bankruptcy in New Jersey and how we can help you.
Bergen County Chapter 13 Bankruptcy Lawyer | Helping You Turn Over a New Leaf
Are you considering filing for bankruptcy? If so, it is important that you retain experienced legal counsel that can guide you throughout the bankruptcy process. At the Law Office of Boyd & Squitieri, we are proud to offer experienced representation to our clients, and we may be able to help you, too. Our Bergen County bankruptcy lawyer has decades of experience representing clients facing financial difficulties, and you can rely on our compassionate, diligent, and attentive staff to provide you with the guidance you need during this difficult time.
Qualifying for Chapter 13 Bankruptcy in New Jersey
First, you should understand that not everyone qualifies for Chapter 13 bankruptcy. To qualify, you must have a regular income and owe noncontingent, liquidated unsecured debts that fall within the debt limitations set out in the Bankruptcy Code.
The Benefits of Chapter 13 Bankruptcy
There are several benefits of Chapter 13 bankruptcy. Perhaps most notably, filing for bankruptcy issues an automatic stay, which means that all creditors are prohibited from all collection activities until your case is resolved. This means that, among other assets, you can keep your home. Additionally, under Chapter 13 bankruptcy, you may be able to:
- Retain all of your assets while repaying debts.
- Work with creditors to establish a repayment plan.
- Consolidate debt into an easier-to-manage payment.
- Stop foreclosures, liens, and wage garnishment.
Unlike Chapter 7 bankruptcy, Chapter 13 allows you to create a financial plan to help repay debts and regain control of your financial life. To learn more about this particular area of bankruptcy and to determine if you are eligible to file under Chapter 13, or if you have general questions regarding your bankruptcy situation, we encourage you to contact our office as soon as possible.
Contact a Bergen County Chapter 13 Bankruptcy Lawyer
Are you ready to get control of your finances? Are you tired of creditors calling you? Now is the time to act! When you work with the Law Office of Boyd & Squitieri, you will be working directly with a team that has extensive experience in handling these complex cases, and your personal situation will always be taken into consideration. Contact us today to schedule your initial consultation with our competent legal team.