Filing for Chapter 7 and Chapter 13 Bankruptcy
Are you at the end of your rope? Are you overwhelmed with debt and unable to make your monthly payments? Don't lose hope! Financial freedom could be just around the corner. If you are wondering if bankruptcy is right for you then we can help you determine the best course of action for your financial situation. Our lead bankruptcy attorney, Marc Alster, has been serving individuals and families throughout New Jersey for over 23 years and he is dedicated to helping people in dire financial strains. Our firm has successful assisted thousands of people over the years and we stand ready to take on your case today.
Discharging Your Debt with Chapter 7 or Chapter 13 Bankruptcy
Many people are under the impression that bankruptcy is a dreaded option only used as a last resort. This isn't the case. Filing for bankruptcy isn't uncommon because it offers debt relief to those who are in desperate need and it offers people a fresh start. If you are being held back by insurmountable debt and you could use a clean slate, then Chapter 7 or Chapter 13 bankruptcy could be right for you.
Chapter 7 can provide you with quick debt relief if you qualify. This is referred to as the "liquidation" bankruptcy because it can wipe out most, if not all, of your unsecured debts. If you are behind on your monthly mortgage payments and you fear for losing your home and other assets, then Chapter 13 bankruptcy may be the better options. Chapter 13 provides more asset protection, but it does require a repayment plan so you are making affordable payments over a 2-5 year period.
What Can Bankruptcy Do for Me?
Are you being harassed by creditors morning and night? Are creditors garnishing your wages? Is your home at risk of foreclosure? Bankruptcy law offers protection to debtors who file a bankruptcy petition. The major reasons that bankruptcy is effective are that is has the capability to do the following:
Put a stop to creditor harassment
Put a stop to wage garnishment
Stop the foreclosure process
Stop the repossession process
Don't accept defeat. Bankruptcy can help you reduce or eliminate your debt and in the majority of cases you can keep your car, your home and your hard-earned money. Our Lodi bankruptcy attorney can help you explore all of your debt relief options so that you can make an informed decision about your financial future.
Hire a Lodi Bankruptcy Attorney Today!
Here at the Law Office of Marc G. Alster we handle a wide range of cases from Chapter 7, Chapter 13, automatic stay provisions, foreclosure defense, short sales, Deed in Lieu and mortgage loan modifications. With over two decades of experience, our legal team has earned a notable reputation for efficiency, professionalism and success. Don't believe us? Find out what some of our previous clients had to say about working with our firm. If you are frustrated with your finances and you are being pressured by your lenders, then consult with an attorney today. Contact our firm today to speak with Lodi bankruptcy lawyer Marc Alster for a free bankruptcy evaluation. You can reach us by phone at or you can fill out our free online consultation form.