Many people put off filing bankruptcy because they think that other options such as debt negotiation will provide the relief that they need. Despite what you see in television commercials and listen to in radio ads, debt negotiation does not work for the vast majority of debtors. Most only find themselves deeper in debt at the end of the process.
At Goldman & Beslow, LLC, our attorneys have more than 40 years of experience helping consumers obtain a fresh financial start. We offer a free initial consultation to discuss your debt problems and answer your questions about bankruptcy. We offer services in Nutley, Essex County and other New Jersey communities.
Filing Bankruptcy in Nutley
Unlike debt negotiation, bankruptcy offers the full protection of federal law. Only bankruptcy will:
- Provide tax-free discharge of debts
- Stop a home foreclosure
- Stop a car repossession
- Allow you to regain possession of a car that was recently repossessed
- Stop a wage garnishment
- Stop creditor harassment
- Stop lawsuits and attempts to collect on lawsuit judgments
- Discharge most debts. We will explain which debts are and are not dischargeable.
There are two forms of bankruptcy protection:
- Chapter 7 bankruptcy: In a Chapter 7 bankruptcy, most assets are protected from creditors. At the end of the process, most debts are discharged in full
- Chapter 13 bankruptcy: In a Chapter 13 bankruptcy, all of your assets are protected from creditors. Your debts can be substantially reduced and paid off over a three- to five-year period.
Contact Our Essex County Bankruptcy and Wage Garnishment Lawyers
Let us get you back on your feet so you can get on with your life. Call our experienced Nutley bankruptcy lawyers today for a free one-half hour consultation at 973-677-9000 or 888-827-5493.
