Discharge Your Debt in Chapter 7 Bankruptcy
Experienced Consumer Bankruptcy Protection in New Jersey
At the law firm of Brenner, Brenner & Spiller, we assist clients who face overwhelming amounts of debt file for Chapter 7 bankruptcy. Chapter 7 bankruptcy, also known as a "straight" or liquidation bankruptcy, allows individuals who qualify to discharge their debts. For many individuals, bankruptcy is a helpful solution for difficult financial problems.
Bankruptcy is a complex legal process and the issues surrounding Chapter 7 bankruptcy can be difficult to fully understand. By hiring an experienced attorney to help you review your case and identify your specific needs, you will work to help you get a fresh start through bankruptcy. You can get the help that you need to resolve your financial issues.
Contact us at Brenner, Brenner & Spiller to set up a free initial consultation.
Benefits of Chapter 7 Bankruptcy
In order to liquidate your debts in a Chapter 7 bankruptcy, you must pass a means test. This means test will assess your financial situation and determine if you qualify. If you do not qualify, Chapter 13 bankruptcy may still be a helpful option for your situation. If you do qualify, there are many benefits to Chapter 7 bankruptcy for your financial situation, including:
- Discharge of most unsecured debt, including credit cards and medical bills
- Ability to keep your home and vehicle, if you are current on their payments and do not have a substantial amount of home equity
- Begin to reestablish credit almost immediately
It is important to be fully prepared for your bankruptcy before you file. Gathering income statements, copies of credit card bills and other bills, and other important financial documents right away will help save you time in the future.
Visit our Chapter 7 Information Center for more information about Chapter 7 bankruptcy.
Contact Brenner, Brenner & Spiller
If you believe that a Chapter 7 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.
