Many Americans face overwhelming unsecured debt every year, brought on by various causes. In such cases, you may be in a state of frustration or even panic, especially if you are being hounded by creditors with phone calls, letters, or emails. However, you are not alone and legal solutions do exist that can help you overcome this adverse situation. One of those solutions is a personal bankruptcy under Chapter 7 as established by state and federal law.
What Does a New Jersey Bankruptcy Attorney Do?
Filing for bankruptcy can be a complex and challenging process, and seeking the assistance of a bankruptcy lawyer in New Jersey can be immensely helpful in navigating the legal system and ensuring that your rights and interests are protected. A New Jersey bankruptcy attorney can provide expert guidance on the various types of bankruptcy available, help you understand the legal implications of filing for bankruptcy, and advise you on the best course of action based on your unique financial situation.
Additionally, a New Jersey bankruptcy attorney can handle all the legal paperwork, communicate with creditors on your behalf, and represent you in court if necessary. Overall, working with a bankruptcy lawyer can make the process of filing for bankruptcy smoother, less stressful, and more likely to result in a successful outcome.
Unparalleled Litigation ExperienceOur attorneys have great litigation skills and excel at cross-examinations. Attorney Mario Blanch has also successfully argued cases in the NJ Supreme Court.
Free Initial ConsultationsAt Blanch Legal Firm, we offer free initial consultations to learn more about your case and to ensure our firm is the right fit for you.
Proven Track RecordOur attorneys at Blanch Legal Firm work tirelessly to provide the best outcome for our clients. We have successfully handled thousands of cases, including appeals.
Caring & Devoted AttorneysWe genuinely care for our clients and do not judge them based on their situation. We are committed to fighting for every client as if they were part of our family.
A Chapter 7 bankruptcy allows both individuals and couples who cannot meet their financial obligations to be excused from having to repay some or all of their unsecured debt. A Chapter 7 bankruptcy filing is the simplest, easiest, and fastest way to accomplish this. This type of bankruptcy is a liquidation process where your assets and property that are subject to the process are surrendered, sold, and the proceeds distributed to creditors.
Dischargeable debt includes:
- Credit Card Debt
- Medical & Dental Bills
- Personal Loans
- and other debt not backed by collateral
However, much of your personal property is exempt from the bankruptcy process under rules set up for this purpose. In many cases, you will not lose most of your personal belongings or assets such as household goods, stocks, clothing, pensions, public benefits, and more. This will be determined at the time your case is analyzed by our attorney. In exchange for the surrender of assets, your unsecured debt will be discharged by the bankruptcy court, giving you a clean slate. This does not apply to mortgages or vehicle loans, which you will be required to continue paying if you wish to keep them.
Can I File Bankruptcy Without My Spouse in NJ?
Yes, a married person can file for bankruptcy in New Jersey without their spouse. There may be meaningful advantages to having one spouse file bankruptcy without the other. It is crucial to speak with a knowledgeable bankruptcy lawyer to determine whether or not it is in your best interests to file for bankruptcy on your own or as a couple.
Experienced NJ Bankruptcy Attorneys
At Blanch Legal Firm, our New Jersey bankruptcy attorneys have helped countless individuals put an end to a dire financial situation through the application of the Chapter 7 bankruptcy process. We can help you understand how the process works, review your financial situation, and help you make an informed decision about whether a Chapter 7 filing might be right for you. This type of personal bankruptcy process is designed to eliminate unsecured debt legitimately and to give honest debtors a fresh financial start.
"I’m very satisfied and will definitely recommend him. Outstanding work ethic."Former Client
"Mario has represented me numerous times in complex real estate transactions and has always come up with a solution to meet my needs. He’s very knowledgeable and thorough in his process."Former Client
"He was able to get me Pretrial Intervention in Hudson County and after one year I will not have a criminal record."Former Client
Once you initiate the bankruptcy process, the court will issue an automatic stay that stops any further attempts by your creditors to collect payment. After you file, these creditors can only go through the bankruptcy court to collect. This means the end of creditor harassment.
Types of Non-Dischargeable Debt
Some debt cannot be discharged through bankruptcy. These generally include:
- Student loans
- Child support and alimony obligations
- Homeowner association fees
- Personal injury or wrongful death judgments
- Debts accrued through criminal actions
A creditor can also petition the court requesting that the debt you owe it be made non-dischargeable. If the court rules in the creditor’s favor, you will still owe that particular debt. Having our aggressive New Jersey bankruptcy lawyer on your side in such a case will give you the representation you need to present your side of the story and to fight back against such an action.
Choosing the Right New Jersey Bankruptcy Lawyer
You may be in over your head financially due to circumstances beyond your control, such as from a sudden illness or injury leading to extensive medical bills, from a divorce, job loss, business loss, or other unforeseen problem. Let our experienced New Jersey bankruptcy attorneys help you determine whether bankruptcy is the right choice for you and, if so, safely guide you through the entire proceeding. We have a long history of helping people just like yourself find their way out of debt overload and getting their financial scene back on track.
Put Experience On Your Side
Whether you have questions or you’re ready to get started, our legal team is ready to help. Complete our form below or call us at (201) 257-5388.