Many people drain their retirement savings to pay credit card and other bills, only to find themselves sinking deeper in debt. Do not waste money you need for your retirement in a futile endeavor to eliminate debt. If you file bankruptcy now, you can eliminate debt without touching your 401(k) or IRA account.
At Goldman & Beslow, LLC, our attorneys have more than 40 years of experience helping debtors get a fresh financial start. We offer a free initial consultation to discuss your situation and answer your questions. We offer services in Hoboken, Hudson County and other New Jersey communities.
Filing Chapter 7 Bankruptcy in Hoboken
When you file bankruptcy, many of your assets are protected from creditors, including:
- A car up to a certain value
- 401(k) accounts
- IRA accounts up to $1 million
- Personal belongings and cash value life insurance plans up to a certain amount
Most people who file Chapter 7 bankruptcy lose nothing but their debts. Our lawyers will review your assets and determine if you have any assets that may be at risk in a Chapter 7 bankruptcy filing.
Filing Chapter 13 Bankruptcy in Hoboken
If you have assets you would lose in a Chapter 7 bankruptcy filing, you can still obtain debt relief and protect your property by filing Chapter 13 bankruptcy.
Chapter 13 bankruptcy may be a good option for you if:
- You want to protect your home from foreclosure
- You can afford to pay a percentage of the debts that you owe to creditors
- You want to protect yourself from liens, lawsuits and creditor harassment
Contact Our Hudson County Bankruptcy and Mortgage Loan Modification Lawyers
Let us get you back on your feet so you can get on with your life. Call our experienced Hoboken bankruptcy lawyers today for a free one-half hour consultation at 973-677-9000 or 888-827-5493.
