Create a Repayment Plan That Suits Your Needs
Experienced Chapter 13 Bankruptcy Protection in New Jersey
While Chapter 7 bankruptcy can be helpful for many individuals facing debt, sometimes there is another option for people who need a solution for their financial problems. In a Chapter 13 bankruptcy, a payment plan is drafted based on your income and your expenses and is offered to your creditors as a means of repaying your debt. Chapter 13 bankruptcies offer many substantial benefits and have helped many individuals out from under the burden of debt.
At the law firm of Brenner, Brenner & Spiller, we can help you decide if a Chapter 13 bankruptcy is the right option for your situation. If it is, we will provide the counsel and representation necessary to guide you through the process in an experienced and effective manner. Attorneys Brad Spiller and Janet Sozio and the rest of our firm are dedicated to helping our clients find a fresh financial start through Chapter 7 and Chapter 13 bankruptcies.
Contact us today to set up an appointment for a free initial consultation.
Benefits of Chapter 13 Bankruptcy
Both forms of bankruptcy can be excellent options in the right situation. In certain situations, however, Chapter 13 has many substantial benefits compared to a Chapter 7 bankruptcy. These include:
- Stop foreclosure proceedings and keep your home
- Ability to make a repayment plan for credit card bills, medical bills, income taxes and more
- After your five year payment plan is over, the debt you owe to your creditors may be reduced or discharged completely
- If you don't qualify for Chapter 7 bankruptcy through the means test, you may still qualify for Chapter 13
It is important to be fully prepared for your bankruptcy before you file. Gathering income statements, copies of credit card statements and other bills, and other important financial documents right away will help save you time in the future.
Visit our Chapter 13 Information Center for more information about Chapter 13 bankruptcy.
Contact Brenner, Brenner & Spiller
If you believe that a Chapter 13 bankruptcy may be right for your situation, contact a lawyer at the law firm of Brenner, Brenner & Spiller today. We offer a free initial consultation to every prospective client. Call us at 856-963-5000.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
