New Jersey Mandatory Bankruptcy Disclosures

Beware of companies that offer debt consolidation or negotiation services. Many of these companies are unlicensed and unregulated, and put their own financial interests ahead of the interests of their customers. Many are not even located in New Jersey. You could end up paying thousands of dollars in fees and end up with more serious debt problems than when you started.

At Goldman & Beslow, LLC, our attorneys are licensed by the New Jersey State Bar. As attorneys, we have an ethical duty to put your interests ahead of our own. We offer a free initial consultation to answer your questions. We offer services in three convenient New Jersey locations in East Orange, Jersey City and Paterson.

Full Disclosure of the Benefits and Risks of Bankruptcy

During your initial consultation, our lawyers will give you a full disclosure about the services we provide, the costs of those services, and your obligations to the bankruptcy trustee. We'll also explain both the benefits and risks of filing bankruptcy.

When you file bankruptcy, it's important to provide full disclosure of your debts and assets to your lawyer and the bankruptcy trustee. While many personal assets are protected by bankruptcy exemptions when you file Chapter 7 bankruptcy, certain assets may not be. For example, if you have a vacation home with substantial equity, a collection of expensive antique cars or other assets with values above a certain level, the trustee may take those assets and sell them to pay your creditors.

If you have assets that you would lose in a Chapter 7 bankruptcy filing, our lawyers can still help you obtain debt relief while keeping your assets by filing Chapter 13 bankruptcy.

Our law office is dedicated to keeping abreast of the ever-changing area of bankruptcy law and keeping you informed about your options. Our office staff is compassionate, dedicated and experienced, with cumulative bankruptcy law experience of more than 44 years.

For More Information About the Bankruptcy Disclosure Statement

For more information about mandatory bankruptcy disclosures, call us today for a free one-half hour consultation at 973-677-9000 or 888-827-5493. Our lawyers serve Essex, Union, Hudson, Passaic, Bergen, Morris, Middlesex, Sussex and other New Jersey communities.