Bankruptcy Mediation, What is it?

Bankruptcy courts and law firms use Bankruptcy Mediation as a valuable adjunct to case management to help resolve issues.

Bankruptcy Mediation is important for a number of reasons, typically a Bankruptcy Lawyer, or Attorney helps the cases go through smoothly, as they are properly prepared, analyzed, and filed.

However, when there is a dispute related to a debt, an adversary proceeding is filed. There are a multitude of reasons for an adversary proceeding. Despite best efforts, sometimes disputes are unable to be settled. For those cases, a Bankruptcy Mediator is an excellent additive to bring the matter to resolution prior to a Court trial. In fact, Courts Agree.

Bankruptcy Law: Adversarial Issues:

The Debtor and/or the Bankruptcy Attorney propose that a debt should be dischargeable in bankruptcy, but the creditor disagrees, e.g., tax debt or willful damages to a creditor.
The creditor/Trustee, upon looking at the transference of assets before the bankruptcy, asserts that there were fraudulent transfers.
Debtor/Attorney files that the creditor violated the automatic stay. A creditor seized property/money when the bankruptcy was in place. The debtor was not given the bankruptcy protection that is in place.
Bankruptcy Adversarial Issues arise in Chapter 7, Chapter 11, and Chapter 13 Bankruptcies.

Bankruptcy Mediation – Basic Facts:

Non-binding meeting.
Limited attendees at the hearing: Bankruptcy Mediator (agreed upon by both parties), interested parties and their lawyers.
Each party is allowed to present their position paper and facts (not shared with the other side) to the Bankruptcy Mediator.
The Bankruptcy Mediator is given time to review the case before the mediation hearing.
You do not have to share your position to the opposing party, optional to provide.
The parties are brought together and provided possible resolutions.
You have time to decide if the possible resolutions are acceptable to you.
Most times, I found that a resolution is possible when I have handled bankruptcy mediation

Bankruptcy Mediation - Benefits

Less Expensive
Quicker to Resolve
No trial
You can control your destiny without the uncertainty of a Court ruling
Sometimes, you can negotiate a settlement that a Court would not have the jurisdiction to impose
Court trials could take over a year to schedule and many months to complete the case.
Court trials cost extensive legal fees, which could exceed the amount in controversy
The disputes do not linger
The court can be intimidating and the mediation process is less formal.
You have input to chose a mediator.

As a valuable asset to both courts of law, and law firms sometimes an unbiased outside party as a Bankruptcy Mediator is able to resolve a dispute that even the most skilled professionals are not able to resolve.

I have served as a Bankruptcy Mediator and resolved many cases without court intervention.

I have a degree in psychology which not only provides insight but also compassion for my clients.

This saves costly legal fees for all parties and moves the case forward.

As a Bankruptcy Mediator, I offer:

Expert knowledge in private practice specializing in bankruptcy law serving both business and individual clients.
Board Certification from the American Board of Certification (ABC) in Consumer Bankruptcy Law
Bankruptcy Mediator training from St. John’s University School of Law
Ability to work well with diverse dynamics and strive to settle a matter.
Sound legal knowledge and case interpretations for the parties to consider for resolution.
30+ years experience in the bankruptcy field of law.
Specialty focus in bankruptcy law; my firm devotes 100% of our practice to New Jersey Bankruptcy Law.
Free bankruptcy consultation so I can understand your case, your position, and whether Bankruptcy Mediation is an option for you.

If you need a competent Bankruptcy Mediator who is not only knowledgeable in bankruptcy law but also works well with diverse situations and personalities, I am here to serve as a Bankruptcy Mediator in New Jersey bankruptcy cases.

I will work to bring your matters to closure through effective Bankruptcy Mediation.