New Jersey Foreclosure Attorneys
Repaying debt can feel like a very cyclical matter. If you are only able to make minimum payments towards your bills, the monthly interest rates or finance charges may mean your balance never decreases. In addition, if you run a family business, it may be difficult to separate your personal finances from those of the business.
As the situation gets worse, you may start receiving calls from creditors or have your wages garnished. The situation probably seems dismal, but it's not.
At Bleichman and Klein, we help clients in Spring Valley and throughout New York and New Jersey file Chapter 13 bankruptcy. Chapter 13 bankruptcy stops creditor harassment and foreclosure or repossession proceedings.
Repayment Plans with Chapter 13 Bankruptcy
After you file Chapter 13 bankruptcy, you will be responsible for making payments towards your repayment plan. Our firm has a "business model" that we encourage our clients to follow, making sure banks are never able to claim they did not receive payments.
When we assist clients in filing Chapter 13 bankruptcy, we take the time to understand the entire picture. We ask clients about their circumstances, including:
- What do you owe?
- What do you want to keep?
- What equity do you have in your home?
- Are there any liens against your home?
- Do you have a second mortgage?
- Do you own a family business?
- If you run a small business, is the business also struggling financially?
By understanding the specifics of our clients' situations, we are able to craft a payment plan that is tailored to their needs. If you own a small business, we can also help you file Chapter 11 bankruptcy to give your business a fresh financial start as well.
Learn more about the debt relief options available by contacting our East Orange Chapter 13 bankruptcy lawyers. You can schedule a free consultation online or by calling 888-321-4039.
Recognized by the Supreme Court of the United States and the United States Congress as a debt relief agent which assists persons filing for bankruptcy relief and other options.
