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Bankruptcy Attorney/ Lawyer - New Jersey (NJ)

Bankruptcy always has a social obligation attached with it due to which its real benefits are never been exposed to the society. Here at Samuel D. Bornstein, P. A. we intend to show you the actual side of bankruptcy, which has protected many American people and their families from the stage of unseen circumstances.

Filing Bankruptcy is a tough decision to make. Many Americans have filed personal bankruptcy in order to amend their financial conditions. Bankruptcy could be very much helpful for you to restrict foreclosure of your home. Filing Bankruptcy also prevents you from debt collector harassment and allows you to get a fresh financial start.

Many people from New Jersey (NJ) and the rest of United States have turned to Samuel D. Bornstein, P. A. law firm for a bankruptcy attorney’s/lawyer’s assistance. Our bankruptcy Lawyers can also help in explaining bankruptcy laws to you. Our law firm is committed in helping you file for bankruptcy in the best and safest legal way. If you are considering filing for bankruptcy and need any assistance to understand your legal options, our bankruptcy lawyers in New Jersey (NJ) can assist you in this matter.

Our law firm provides analytical understanding of bankruptcy law categories in New Jersey (NJ), United States. This law consists of two main phrases: Chapter 7 and Chapter 13. Our bankruptcy lawyers are dedicated to help the clients with the respective chapter and ensure to prevent you from debt collector harassment. A quick overview on both the chapters is as under.

Chapter 7 Commonly Used When Chapter 13 Commonly Used When
  You have little property except for the basic   necessities like furniture and clothing.   You have significant equity in a home or other property   and you want to keep it.
  You have little or no money left after paying   basic expenses each month or you are not   even meeting basic expenses.   You have regular income and can pay your living   expenses, but you can't keep up the scheduled payments   on your debts.
Advantages of Chapter 7 Advantages of Chapter 13
  Most unsecured debts can be discharged   (completely eliminated)   You can keep most of your property while spreading out   time to pay past due accounts
  The process moves quickly, you may receive   your discharge in just a few months   You'll have 3-5 years to catch up delinquent accounts   according to a schedule that you and the bankruptcy   trustee have agreed is workable for you.
  Creditors can't contact you while the   automatic stay is in effect or after debts are   discharged.   You'll make one monthly payment to the bankruptcy trustee   for distribution. You will have no direct contact with   creditors during the protection period of 3-5 years.
    Co-signers may be protected

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Samuel D. Bornstein, P. A. provides the best bankruptcy lawyers & attorneys in New Jersey (NJ), to file the bankruptcy case that prevents
you from debt collector harassment & allows you to get a fresh financial start.

 

Samuel D. Bornstein, P.A. is located in Paramus, New Jersey NJ and serves clients in Montvale, Woodcliff Lake, Mahwah, Jersey City, Hoboken, North Bergen, Wayne, Paterson, Clifton, Passaic, Fair Lawn, Glen Rock, Oradell, Westwood, Ridgewood, Mercer County, Cape May County, Bergen County, Passaic County, Hudson County, Morris County, Sussex County, Warren County, Essex County, Union County, Somerset County, Middlesex County, Hunterdon County, Monmouth County, and Ocean County, including Englewood Cliffs, Hackensack, and Newark, and New York State.