Ralph A. Ferro, Jr., NJ Bankruptcy Lawyer, wishes you financial success.
Financial Successes include these thoughts from me to you:
- May Lovely, Happy Times decorate your Holiday Season.
- May Warm, Special Memories Brighten Your New Year,
As the year ends, now is a good time to get your finances back on track and eliminate your debts. If your monthly necessary expenses are overwhelming and you struggle, I am here to help you.
Filing for Bankruptcy as an option
Filing for bankruptcy is the opposite of failure or inability to obtain credit. When you file for bankruptcy, you are taking positive step to a fresh start or a new beginning to create your financial future.
Filing for Bankruptcy - 5 specific benefits:
One
- Eliminate Debts in As Few As Three Months
If you are eligible to file for Chapter 7 bankruptcy, your debts can be completely discharged within three to six months of the filing date. Chapter 7 is the best option for people with high amounts of debt and a low chance of being able to repay creditors. It is best for those who wish to move forward with their lives quickly.
Two
- Creditors Can’t Contact You While Your Case Is Pending
When I file your Bankruptcy petition, your creditors must stop contacting you. They must also prevent any pending legal action that they are taking against you. In other words, your creditors can no longer pursue you until after your court case is resolved. Additionally, any foreclosure proceedings that have been started must be stopped while your case is in court. Wage garnishments must stop.
Three
- Obtain a Repayment Plan That You Can Afford
Chapter 13 bankruptcy is known as a reorganization of debts, rather than discharging them completely. Although you will be required to pay a certain amount back to creditors, often times you will only pay back a fraction of what you owe with no interest. In some cases, a bankruptcy filer may only be required to make payments for a specific time. Usually, if debts cannot be paid in full after 60 months, they will be forgiven.
Four
- Bankruptcy Gives You a Fresh Start and a New Beginning Financially
When you are finally out of debt, one of the most enormous weights is lifted off your shoulders. Putting money in a savings account or even starting an investment plan is a good idea. To remain on track, be sure to save as much as possible. Saving can help prepare you for any unexpected occurrences in the future.
Five
- Much of Your Property Is Exempt from Creditors
If you have been considering using your 401k or IRA to pay your bills, you should file for bankruptcy instead. Your retirement accounts cannot be liquidated or included in assets that can be used to repay creditors. Your house may also not be used to help repay your debt. Anyone who is going through foreclosure could file for bankruptcy to keep their house.
Bankruptcy can offer a fresh start to pursue financial independence. Con act me Ralph Ferro, Jr., Esquire (201) 446-5904 today to discuss the best option for you. During your free consultation with me, your financial situation can be reviewed to determine your best possible option.
Filing of Bankruptcy Has Significant Benefits…
Your financial success is important to me. If you need financial help and to determine if bankruptcy is an option for you, call me to set up a free bankruptcy consultation.
Bankruptcy can offer a fresh start to pursuing financial independence. To learn more, contact me, Ralph Ferro, Jr., Esquire, at (201) 446-5904.
I recommend the correct Chapter in Bankruptcy during your free in-person bankruptcy consultation or if filing for bankruptcy isn’t beneficial to you. Your financial situation can be reviewed during our free in-person bankruptcy.
I look forward to meeting with you to offer my expertise to reshape your financial future.
Contact me Today: (201) 446-5904
Ralph A. Ferro, Jr. Esq.
Board Certified NJ Bankruptcy Lawyer
Happy Holidays to You and Your Loved Ones.
