New Jersey Chapter 13 Bankruptcy Attorneys
You earn a living, pay yofur bills, and have control of your finances. Then, a medical illness, layoff, divorce, or other special circumstance impacts your family and your income. Finances start to get tight. One late payment turns into two. Suddenly, you receive a foreclosure notice or repossession notice indicating that your home or other possessions are about to be taken away. You are not alone.
The consumer bankruptcy attorneys at Wizmur & Finberg, LLP, can help. We have helped many people just like you alleviate financial strain. We can help you stop foreclosure and save your home. Call (856) 988-9055 or e-mail us to schedule a free consultation with our bankruptcy lawyers.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy provides people the opportunity to stop foreclosures and allows them to cure past due mortgage arrears in a repayment plan that lasts between 3 to 5 years. Chapter 13 bankruptcy can also stop repossession on motor vehicles. In addition, Chapter 13 bankruptcy offers the following:
- Addressing past due tax obligations with a payment plan that stops penalties from continuing to accrue.
- Possibly retaining your assets that have substantially depreciated by purchasing them through a plan based upon its current market value.
- Dealing with arrearages from child support and support obligations and student loan debts by proposing payment schedules that extend the time in which you have to once again become current.
- Restoring driving privileges that may have been revoked due to your inability to satisfy municipal fines or motor vehicle surcharges.
- Obtaining trustee approval for the purchase of new business assets or a home.
Chapter 13 bankruptcy enables people to restructure their finances by consolidating secured and unsecured debt into a repayment plan. In order to qualify for Chapter 13 bankruptcy, you must show your ability to work and make payments toward your debt repayment plan to a bankruptcy trustee. Over the next five years, a trustee will manage the bankruptcy plan. As you make payments to the trustee, the trustee will disburse payment to creditors. Creditors will no longer be allowed to call you, demand payment, or sue you.
Our attorneys at Wizmur & Finberg, LLP, know the bankruptcy laws. We distill common misconceptions about filing for bankruptcy and guide you through the process. Whether you need to file for bankruptcy under Chapter 13 or Chapter 7, we have the experience, skill, and commitment to help you.
At Wizmur & Finberg, LLP, we can answer your questions and help you reclaim control of your finances and your future. Contact our personal bankruptcy attorneys for assistance in South Jersey.
f Call us today at 856-988-9055
We are proud to be a federally designated debt relief agency.
We help people file for bankruptcy relief under the Bankruptcy Code.
Serving clients from offices in Marlton, Willingboro, Vineland, and Northfield
Free initial consultations • Payment plans available
Flexible office hours including evenings and weekends by appointment
Wizmur f& Finberg, LLP
Evesham Commons - Suite 200
525 Route 73 South
Marlton, NJ 08053
Phone: (856) 988-9055
Fax: (856) 988-9678
Serving the communities of Camden, Cherry Hill, Marlton, Vineland, Trenton, Burlington, Edgewater Park, Beverley, Delanco, Riverside, Westampton, Lumberton, Hainesport, Moorestown, Mount Holly, Willingboro, Atlantic City, Mount Laurel, Burlington Township, Deptford, Medford, Hammonton, Berlin, Winslow Township, Woodbury, Bridgeton, Millville, and throughout South Jersey, as well as Mercer County, Burlington County, Cumberland County, Atlantic County, Gloucester County, Salem County & Cape May County.