Call me to discuss bankruptcy options so that the garnishment can be stopped immediately.
Discuss your bankruptcy options with an attorney so that the levy can be removed and any money taken can be returned to you.
Call me to discuss bankruptcy options to stop collections.
Yes, Chapter 13.
There is no limit on income. However, in Chapter 7, you must have income.
In a Chapter 7, you will generally want to stay current with any secured debt you would like to keep. In a Chapter 13 you must continue to make your regular house payments after filing bankruptcy, but your arrearages will be included in the Chapter 13 plan.
You should include all creditors that do not have a zero balance.
You should not incur any additional debt once you know you are going to file for Bankruptcy.
It is up to each particular creditor as to whether they offer a reaffirmation agreement or not.
Typically, only their income information is needed.
Yes, otherwise your case may be dismissed (not approved).
Typically 3-4 months from start to finish.
Yes, but you should consult an attorney for specifics.
Yes, all debts you owe must be listed.
In most cases, add your income for 6-12 months and divide by that number to obtain an average.
No, child support and/or alimony cannot be discharged.
While you may add a creditor post-petition, there are usually additional fees associated with doing so.
This is the amount of money left after deducting your cost of living from all sources of income.
- Any person, partnership, corporation, sole proprietorship, may file for bankruptcy.
- United States citizenship is not required for filing bankruptcy.
- Bankruptcy is the legal method for a debtor to eliminate or reduce your debts.
- Bankruptcy is a way for people or a business that owes more money than they can pay to either work out a plan to repay the money over time or to have their debts completely eliminated.
- Most debtors who file for bankruptcy are granted a total discharge of all debts.
- One of the main purposes of the bankruptcy act is to relieve the honest debtor from the weight of oppressive indebtedness and to provide the debtor with a fresh start to build a financial future.
- As soon as you file, all actions by creditors must stop immediately, whether you filed a NJ Chapter 7 or Chapter 13 bankruptcy.
- Not necessarily. I can discuss that with you when you call me or meet with me for a free bankruptcy consultation. I will be very clear and never leave you guessing or unsure.
- No. There are many reasons why one spouse would not file or join in the bankruptcy. When you call me, I will advise you what is best for you and your family.
Unfortunately, it will
- If you are a candidate for bankruptcy, you have bad credit now.
- Discharge of your current debt may provide the opportunity to rebuild your credit in the future.
- Most individuals are able to rebuild their credit within a few years.
- Not at all, as a matter of fact, you should file immediately so you can stop the levies and garnishments immediately.
- Yes, it is possible. However, this evaluation requires a thorough analysis of what you own, what you earn and what you owe to determine eligibility.
- In fact, several of my clients earned over $100,000 per year and successfully filed for bankruptcy.