Bankruptcy Attorney Serving Teaneck, Bergenfield, Englewood and Lodi, NJ
Are you struggling with debt or facing foreclosure and need help?
At our firm, the Law Office of Marc G. Alster, we assist those who are facing the serious consequences of financial problems. If you are unable to pay your debts, are facing foreclosure, or wage garnishment, your property repossessed or other serious situation, call our firm immediately. We can take fast, effective action for you, and can assist you to get your financial difficulties under control.
We know how intolerably stressful it is to be powerless and in the position where it is impossible to pay your debts. There is great anxiety that comes with facing constant creditor calls, the loss of some of your paycheck, your family home or other issues related to financial trouble. There are a variety of legal actions that can be taken including filing for bankruptcy, whether using the Chapter 7 process or the Chapter 13 process. Other people could resolve their situation through bankruptcy alternatives such as mortgage loan modifications, creditor workouts or foreclosure defense and mediation. We do it all. Each person has a unique situation, and we take the time to identify the process that will best resolve the problem, with the best long term impact on your finances.
Filing for Chapter 7 or Chapter 13 Bankruptcy in Teaneck, Bergenfield, Englewood Fair Lawn & Lodi
We provide legal services for debt problems to individuals and couples throughout the communities of Teaneck, Bergenfield, Fair Lawn, Lodi and Englewood and the surrounding areas. If you are considering filing for bankruptcy, contact our firm for a free bankruptcy evaluation. We are prepared to act immediately for those who are in serious trouble and could lose a car, home or are facing wage garnishment.
There are options that may work better for you other than bankruptcy. Bankruptcy does many very powerful advantages, the first of which is in Chapter 7, you will have your unsecured consumer debt discharge. This can be an incredible relief to those who are under pressure from credit card bills, medical bills, personal loans, and other types of debts that can be discharged in bankruptcy. If you have concerns about losing any of your personal possessions, the huge majority of people who file Chapter 7 lose absolutely nothing – except debts. This gives you a real opportunity to start over financially. It is often urgent that the process is begun immediately. We can act quickly for you if you are in this position.
The first improvement will take place once your petition is filed. An automatic stay of all collection actions halts any action a creditor could take against you, or contact with you, including letters, calls and lawsuits. This is the first benefit you will experience when filing for bankruptcy. No more calls, contacts or any other collection actions will take place during the process.
Some may not qualify for Chapter 7 due to owning too many assets, or may not wish to file Chapter 7. Chapter 13 is an alternative form of bankruptcy for those who are earning a steady paycheck. In this form of bankruptcy, you will have the opportunity to pay off your outstanding debts in one payment over a 3 – 5 year period. At the conclusion, any remaining debt will be discharged. This type of bankruptcy can be a significant benefit, as the added costs, such as interest and fees will not be added to your debt. If you are in trouble with your mortgage, this form of bankruptcy can give you the opportunity to keep your property and get the problem of foreclosure action resolved. We also offer many alternatives to bankruptcy, including assistance for mortgage loan modifications, creditor workouts and other solutions. We seek out the best possible solution that will result in the debt relief you need. Call today! Our bankruptcy lawyer can assist you immediately.