East Orange Bankruptcy Lawyer

Filing for bankruptcy is an important decision. Whether your goal is the elimination of credit card debt, hospital bills, payday loans, garnishments, lawsuits or other debt problems, bankruptcy can provide a solution. Non-bankruptcy solutions such as debt consolidation usually only prolong the problem.

At Goldman & Beslow, LLC, our attorneys have more than 44 years of bankruptcy law experience. We offer a free initial consultation to discuss your situation and answer your questions. We offer services in East Orange, Essex County and other New Jersey communities.

Filing Chapter 7 Bankruptcy in East Orange

If you are seeking to eliminate burdensome debt, Chapter 7 bankruptcy provides the quickest and simplest solution.

Chapter 7 is known as liquidation bankruptcy. When you file Chapter 7 bankruptcy, the trustee has the ability to take certain unprotected assets and sell them to pay your creditors at least some of the debts that you owe. At the end of the process, you will receive a discharge of most debts, including credit card bills, medical payday loans, lawsuit judgments and other unsecured debts. If any of your assets are at risk, we will recommend the filing of a Chapter 13 bankruptcy in order to protect these assets.

Many types of assets are protected such as a car up to a certain value, personal belongings up to a certain amount and retirement savings.

Filing Chapter 13 Bankruptcy in Essex County

Chapter 7 bankruptcy is not for everyone. If your earnings are too high to qualify for Chapter 7 bankruptcy, or if you have significant assets that you would lose in a Chapter 7 bankruptcy filing, Chapter 13 bankruptcy may be the right debt solution for you.

Chapter 13 bankruptcy allows you to:

  • Eliminate certain taxes owed to the IRS or the state of New Jersey or repay taxes without further penalties or interest
  • Protect your home from foreclosure and in certain cases eliminate second and third mortgages
  • Reduce and consolidate your debts

Contact Our Essex County Real Estate and Chapter 13 Attorneys

Let us get you back on your feet so you can get on with your life. Call our experienced East Orange bankruptcy attorneys today for a free one-half hour consultation at 973-677-9000 or 888-827-5493.