Straffi & Straffi Attorneys at Law

Dedicated Bankruptcy Attorneys in NJ

The legal process of bankruptcy can help you get back on your feet financially after a financial crisis. However, it is important to work with an experienced bankruptcy attorney NJ who will protect your rights and property. A reputable lawyer can also help you obtain debt relief by negotiating with creditors to reduce or eliminate your outstanding debts. Dedicated bankruptcy attorneys in NJ are available to help you navigate the process of debt relief, ensuring you have the support and guidance necessary for a fresh start.

Bankruptcy attorneys help clients resolve foreclosures, debt collection matters, creditor harassment issues, and other related legal concerns, making the skills of a bankruptcy attorney NJ invaluable in these situations.

A bankruptcy lawyer NJ can help you with a variety of legal problems, including credit card debt, medical bills, and unpaid utility expenses. The right bankruptcy attorney NJ will be able to assess your situation and recommend the best option for you, whether it's filing for Chapter 13 bankruptcy to manage debt while retaining your assets, or exploring other debt relief solutions.

If your car has been repossessed, a skilled bankruptcy attorney NJ can assist you in the process of redemption, potentially renegotiating with your lender to have your car returned to you. It's crucial to work with a bankruptcy attorney NJ to gather the necessary documentation and effectively navigate court proceedings to protect your assets.

In addition to bankruptcy services, a dedicated bankruptcy attorney NJ can help restructure your company's debt and loans, or renegotiate your mortgage loan or other debts with lenders. This support can be critical for continuing business operations and achieving a stable financial position for your family, underlining the importance of consulting with a bankruptcy attorney NJ for comprehensive debt relief and financial restructuring guidance.

The firm’s attorneys represent businesses and consumers in a wide range of legal issues, providing personalized and compassionate representation, as well as maintaining open communication with their clients. Whether dealing with bankruptcy, debt collection, or other legal challenges, a seasoned bankruptcy attorney NJ can offer skillful assistance, from filing for Chapter 7 bankruptcy to resolving complex financial disputes.

Comprehensive NJ Bankruptcy Services

Regardless of how much you owe or whether your debts are consumer or business, filing for bankruptcy is a big deal and should only be done with the help of a knowledgeable bankruptcy attorney NJ. It’s also a complicated process that can be confusing for people who are unfamiliar with bankruptcy laws, including how they vary between federal and state jurisdictions. This article is meant to serve as a comprehensive guide to the most common steps in a Chapter 7 or Chapter 13 bankruptcy, which are both types of bankruptcy that allow individuals and businesses to discharge debt.

Chapter 7 Bankruptcy
Filing for Chapter 7 bankruptcy is a long, time-consuming process that requires extensive details about your assets, income, expenses, and debts. This information is necessary to prepare your bankruptcy petition, which will detail all of your debts and provide a clear picture of your financial situation. A bankruptcy attorney NJ can ensure that all details are accurate before filing your petition with the court, significantly reducing the risk of errors.

Before filing your bankruptcy petition, you must take a credit counseling course from a New Jersey-approved provider. Working with a bankruptcy attorney NJ, you can ensure that the course you choose complies with state requirements and that you receive the certificate of completion needed to proceed with your filing.

After you file your bankruptcy forms, the court will assign a trustee to oversee your case. During your first meeting with the trustee, known as the 341 meeting, having a bankruptcy attorney NJ by your side can help you navigate the questions about your bankruptcy paperwork under oath and allow you to ask your creditors questions with confidence.

Once your bankruptcy case is filed, the guidance of a bankruptcy attorney NJ becomes even more critical. You will receive a notice of the date of your 341 meeting from the trustee. The attorney will ensure that you understand all documents related to your bankruptcy case and provide you with a copy of your completed forms.

The trustee's review of your bankruptcy paperwork is a pivotal moment in your case. Any errors will be corrected by the trustee, who will then send you a letter of correction. The support of a bankruptcy attorney NJ in this phase is invaluable, as they can help prevent errors and ensure that the process moves forward smoothly. Although New Jersey offers an e-filing service for non-lawyers, the complexities of bankruptcy filing underscore the importance of seeking professional legal assistance to avoid delays and ensure that every requirement is met accurately.

NJ Bankruptcy Consultation Firms

A bankruptcy attorney NJ can help you get out of debt and give you a fresh start. He or she will analyze your financial situation, including a list of all the assets you own and the debts that you owe. The attorney will also determine whether or not you qualify for a Chapter 7 bankruptcy. In addition, the attorney will explain your rights and options under the federal bankruptcy laws, ensuring you have the necessary information to make an informed decision.

If you have significant debt, you may be considering filing for bankruptcy in New Jersey. However, it is important to understand the laws of your state before filing. Consulting with a bankruptcy attorney NJ is crucial because there are many factors that affect your eligibility for bankruptcy, including your income and whether you are behind on your mortgage. A bankruptcy attorney NJ can also help you explore other options, such as credit counseling or a debt repayment plan, ensuring you choose the path that's best for your financial future.

The attorneys at the firm are experienced in representing debtors, trustees, creditors' committees, and others in Chapter 7 and Chapter 11 bankruptcy cases, as well as in liquidation proceedings and commercial litigation. With the help of a bankruptcy attorney NJ, clients can navigate all aspects of real estate transactions, including the purchase and sale of distressed properties, foreclosure, and real estate tax appeals, and can negotiate loan modifications and forbearance agreements effectively.

In handling Chapter 11 bankruptcy cases in New Jersey and Pennsylvania, the lawyers at a firm can assist you in negotiating a debt repayment plan or exploring alternatives to bankruptcy, such as deeds in lieu of foreclosure, short sales, and pre-litigation auction sales. Their experience and knowledge as bankruptcy attorney NJ make them valuable allies in finding the best solution for your financial difficulties.

Attorneys leveraging over years of experience in bankruptcy, estate planning, and real estate law, advise their clients about the advantages of bankruptcy and guide them through the process with the skills of a seasoned bankruptcy attorney NJ. Their practice focuses on providing clients with the support they need to navigate the complexities of Chapters 7, 11, and 13 bankruptcy, ensuring a smoother path to financial recovery.

Straffi & Straffi Attorneys at Law

Straffi & Straffi Attorneys at Law

670 Commons Way, Toms River, NJ 08755, United States

(732) 341-3800