Author Archives: Garland & MasonAuthorManalapanNJ
There are plenty of lawyers near you who can assist you with any number of legal challenges. However, choosing the right lawyer could be the difference between a successful case and one that leaves you wishing you made a better decision. How to Choose the Right New Jersey Bankruptcy Lawyer for You When it comes to bankruptcy lawyers, it is important to look into an attorney’s qualifications and experience. Every bankruptcy case has its own specific nuances. We recommend that you consider your New Jersey bankruptcy lawyer based on background, practice areas and success. At the end of the day, you need to feel comfortable with the person you choose to represent you throughout your bankruptcy. This is undoubtedly a difficult, stressful time for you and your family. Finding a human connection with an understanding lawyer can go a long way in helping you get through to the other side….
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Some people view bankruptcy as the end, but you should view it as a new beginning. When debt becomes unmanageable, contacting a lawyer for bankruptcy is important. A bankruptcy lawyer can help you compare your options and find out if you qualify for this type of relief. Many people who delve into the benefits of bankruptcy wonder if they actually need a lawyer. After all, if you are pursuing this option due to financial stress, the cost of hiring a lawyer could seem unnecessary. There are several reasons that hiring an attorney can actually minimize your stress, expenses, and time spent on this process. Reason #1: Proper Paperwork and Deadlines People who file bankruptcy for the first time may be shocked by how much legal paperwork bankruptcy requires. Be prepared to fill out the same information in different ways many times before your discharge is granted. Each of these documents…
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While no one relishes the idea of filing for bankruptcy, it may be the best option to get out from suffocating debt. Chapter 13 bankruptcy is a type of bankruptcy that many debtors use. However, to file under Chapter 13, you will first need to find out if you meet standards to qualify for Chapter 13 bankruptcy. Difference Between Secured and Unsecured Debt Unlike secured debts, unsecured debts are not secured by property. This means that creditors cannot take property away from you to satisfy debts. Common examples of unsecured debts include: Medical fees Lawyer fees Credit card bills Utility fees Student loans Secured debts are tied by way of liens to property which creditors can seize as payment for debt. Who Qualifies for Chapter 13? According to United States Courts, if your unsecured debt totals less than $394,725 and your secured debt is no more than $1,184,200, you may…
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