Seaside Heights Bankruptcy Lawyer

Filing for Bankruptcy in Seaside Heights, New Jersey

If you are experiencing financial strain and receiving harassing phone calls or aggressive collection tactics from creditors, you may have options.  Filing a bankruptcy petition in your jurisdiction will trigger an “automatic stay” that will stop the phone calls and aggressive collections and allow you to formulate a plan for financial rehabilitation.  An experienced Seaside Heights bankruptcy lawyer will discuss the best course of action with you and help you determine which chapter of the Bankruptcy Code is best for you.

Should I File Under Chapter 7 or Chapter 13?

An experienced bankruptcy lawyer will help you to determine which chapter of the Bankruptcy Code to file under as a Seaside Heights resident.  Chapter 7 is known as “liquidation” bankruptcy because it includes the sale of some assets to pay off creditors.  The true benefit of Chapter 7 bankruptcy is discharge.  Whatever debt is not paid by the sale of assets may be eligible for discharge leaving the debtor with a fresh, debt-free start.  Chapter 13 bankruptcy is sometimes called “reorganization” bankruptcy.  In a Chapter 13 filing, the debtor agrees to a repayment plan of 3 to 5 years but will get to retain possession of virtually all assets.  Those debtors who may not pass a “means test” in order to file for Chapter 7 may still be eligible to file a Chapter 13 bankruptcy petition.

Call an Experienced Seaside Heights Bankruptcy Lawyer Today

If you live in Seaside Heights and are financially strained and unable to pay your debts, call an experienced bankruptcy lawyer from Villani & DeLuca, P.C. for help.  Villani & DeLuca Of Counsel lawyer Robert H. Johnson, Esq. has spent his career representing clients in bankruptcy proceedings and has the experience necessary to represent debtor clients in all aspects of consumer bankruptcy.  Recently, Mr. Johnson was recognized as a New Jersey Super Lawyer “Rising Star”.  He will take the time to discuss your case and explain the best course of action available to you.  Call 732-965-3390 today to set up your free consultation.