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October 2016 Archives

Can the cost of an attorney for personal bankruptcy be justified?

When a New Jersey consumer's financial stability is compromised by unanticipated occurrences, such as loss of employment or substantial medical expenses, various options are typically considered. Personal bankruptcy is one option that may seem drastic but offers the best protection. It is not uncommon for people to wonder why they should use some of their limited financial resources to pay for the services of a bankruptcy attorney.

Bankruptcy can teach debt management skills

New Jersey residents who have been hit by unanticipated circumstances, such as loss of employment or mountains of medical debt, may not know how they will ever reach a state of financial stability again. However, those who filed for bankruptcy would have had to go through mandatory debt counseling, which would have given them the tools needed to get back on track. If those lessons are practiced after the discharge of bankruptcy, consumers may be able to rebound from previous setbacks.

A second personal bankruptcy filing may bring financial stability

Unanticipated medical bills or employment loss can have an enormous impact on the financial stability of any New Jersey consumer. Although personal bankruptcy can bring a fresh financial start in most cases, it does not guarantee smooth sailing forever after. In some cases, consumers may need to go through a second bankruptcy before they regain financial security.

If foreclosures loom, watch out for scammers

When New Jersey homeowners are experiencing financial difficulties and losing their homes is a real threat, some may resort to deals with scammers without recognizing the dangers. Any offers to prevent foreclosures must be considered carefully before any documents are signed. The usual warning of anything that seems too good to be true is probably a scam must be heeded under these circumstances. There will always be those who take advantage of individuals with financial problems.


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  • NACBA | National Association of Consumer Bankruptcy Attorneys
  • NACA | National Association of Consumer Advocates
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Goldman & Beslow, LLC

Goldman & Beslow, LLC is a Federal Debt Relief Agency by an Act of Congress. We have proudly assisted consumers seeking relief under the U.S. Bankruptcy Code for over 38 years.

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7 Glenwood Avenue,
Suite 311B
East Orange, NJ 07017
East Orange Law Office

Phone: 973-414-8069
Phone: 973-419-7631
Phone: 973-419-5266
Phone: 201-205-2496
Toll Free: 888-827-5493
Fax: 973-675-5886
E-mail the firm

NEWARK OFFICE 168 Bloomfield Avenue
Newark, NJ 07104
Newark Law Office

Phone: 973-483-1333
Phone: 973-419-5266
Phone: 201-205-2496
Toll Free: 888-827-5493
E-mail the firm

PATERSON OFFICE 100 Hamilton Plaza,
Suite 405
Paterson, NJ 07510
Paterson Law Office

Phone: 973-247-9445
Phone: 973-419-5266
Phone: 201-205-2496
Toll Free: 888-827-5493
E-mail the firm

JERSEY CITY OFFICE 26 Journal Square,
Suite 603
Jersey City, NJ 07306
Jersey City Law Office

Phone: 201-659-6226
Phone: 973-419-5266
Phone: 201-205-2496
Toll Free: 888-827-5493
E-mail the firm

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