Bankruptcy Lawyers In New Jersey
Throughout their lifetimes, individuals try to protect themselves and the ones they love from financial hardship. But despite the best intentions and even meticulous planning, hard times can come and go with or without mistakes on their part.
If you are feeling the stress of financial difficulty, it may be time to consult the bankruptcy attorneys at Hoffman DiMuzio. Whatever alarming problems you are facing for the first time, our skilled bankruptcy lawyer near you have seen time and time again, and will guide you toward the most favorable outcome.
Filing Bankruptcy In New Jersey
If your debt exceeds your income and the value of your assets, you are most likely concerned over the prospect of losing your home. Let the NJ bankruptcy lawyers of Hoffman DiMuzio provide some relief by advising you of all options available to you under Federal Bankruptcy regulations. We have extensive experience in this area and will guide you as to which form of bankruptcy, Chapter 7 or Chapter 13, is available to you.
Chapter 7 Bankruptcy Lawyers
Those with little or no disposable income usually qualify for Chapter 7. In this scenario, unsecured debt, including credit card debt and medical bills, are liquidated, or wiped clean.
Q: Will I lose my home if I file for Chapter 7 Bankruptcy?
A: Your primary residence and other basic necessities cannot be used to pay down the debt, so it is unlikely you will lose your home. Non-exempt assets may be sold to pay off non-secured debt. For further information on losing your home under chapter 7 bankruptcy it is best to speak with a bankruptcy lawyer near you.
Chapter 13 Bankruptcy Lawyers
Individuals and small business owners who are in financial difficulty may avail themselves of protections under Chapter 13 bankruptcy. Debtors with enough income who can pay back a portion of the debt through a carefully constructed repayment plan have the ability to reorganize their finances into a more manageable plan.
For more information it is suggested to speak to a Hoffman DiMuzio chapter 13 bankruptcy lawyer near you.
Choosing An NJ Bankruptcy Lawyer
The skilled NJ bankruptcy lawyers at Hoffman DiMuzio have been providing bankruptcy services to individuals, families and businesses in South Jersey and Philadelphia since 1978. Expertise when dealing with bankruptcy cases in New Jersey is critical in providing clients with the best possible outcome. Financial recovery is the ultimate goal.
Hoffman DiMuzio's bankruptcy lawyers will be happy to meet you at any one of its six office locations; whichever is most convenient for you.
Hoffman DiMuzio is a full-service law firm, helping with all phases of life changes and events. Whatever your current obstacle to full enjoyment of life is, Hoffman DiMuzio has the expertise, empathy and approach toward a favorable resolution. Think of Hoffman DiMuzio as your law firm for whatever legal hurdles you face in life.
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