Bankruptcy in Passaic County, New Jersey
Are you considering a bankruptcy filing to get out of debt? If so, you are not alone. In 2018, there were 1,499 individuals and 40 businesses who filed for bankruptcy relief in Passaic County, with the majority ofthe cases being filed under Chapter 7. Bankruptcy is an affordable solution to debt problems for many individuals, couples, and companies.
You can get rid of your debts without losing your property! Let us show you how during a free case review with a bankruptcy lawyer!
If you are struggling with debt, let the Passaic County bankruptcy attorney of the Silverberg Law Firm explain how bankruptcy can help you during a free consultation.
Chapter 7 and Chapter 13 Bankruptcy in Passaic County
Filing for bankruptcy relief can help you eliminate debts, protect property, and stop creditor harassment. With a Chapter 7 case, you can be debt-free in four to six months, depending on the debts you owe at the time of filing. Many of the Chapter 7 cases in New Jersey are no-asset cases. You keep all your assets in a no-asset Chapter 7 case while getting rid of credit card debt, medical bills, some older tax debts, and other unsecured debts.
With a Chapter 13 bankruptcy filing, you can stop foreclosure, stop repossessions, and stop wage garnishments. In a Chapter 13 case, you can reorganize your debts in a bankruptcy repayment plan so that you have the time you need to repay debts without creditor harassment and aggressive collection actions. In many cases, debtors in Chapter 13 cases only pay a small percentage of the unsecured debt they owe to their creditors. Upon completing the Chapter 13 repayment plan, the remaining unsecured debts are discharged, which means the debts are gone forever.
Call our Passaic County bankruptcy lawyer to find out more about Chapter 7 and Chapter 13 bankruptcy filings.
About Passaic County, NJ
Passaic County sits near the north edge of New Jersey. It was created in 1837 from portions of Essex and Bergen Counties. Passaic County is made up of a diverse group of people, both ethnically and economically. The estimated population as of July 2019 was 936,692, which includes both urban and rural parts of the county. Some of the largest municipalities and areas within Passaic County include Paterson, West Milford, Passaic, Wayne, and Clifton.
Contact a Passaic County Bankruptcy Law Firm for More Information
At Silverberg Law Firm, we understand the burden of excessive financial obligations and want to help you get the relief you deserve. We are here to help you through every step of the New Jersey bankruptcy court process.
Stop by our office at 550 Kinderkamack Road, Oradell, NJ 07649, to request a free consultation or more information about bankruptcy. For your convenience, we also offer a satellite meeting location on Riverview Drive in Totowa, NJ, by appointment only.
In New Jersey call (201) 252-7000 and in New York call (212) 687-7000 to schedule your no-obligation, free case review today with a bankruptcy attorney in Passaic County.
Meeting Locations Available Throughout North NJ by apointment Only
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