New Jersey Bankruptcy Attorney

Debt Relief in New Jersey

Individuals all across the country are suffering from magnitudes of debt which they cannot hope to pay off. If you are one of the millions of people who are unable to make their mortgage payments on time, who cannot make their minimum monthly payments on their bills or who has been beset by unemployment or an expensive illness, bankruptcy may be the best option for you.

There are different types of bankruptcy which serve individuals and families in their specific needs. Chapter 7 bankruptcy is useful to those who are in need of total debt relief; this is often the optimal choice for those who do not have a large amount of assets or whose income is less than the average for New Jersey. Chapter 13 bankruptcy is a better option for those with more assets or higher income; it allows them to formulate a repayment plan that lasts over a period of three to five years.

If you are considering filing for bankruptcy, it is important to get all of the facts and know all of your options. Click the links below to learn more about bankruptcy and how the Liberty Credit Law can help make your choice of bankruptcy easier.