Chapter 13 Bankruptcy Attorney Serving Monmouth County, NJ
Veitengruber Law provides legal services for debt relief solutions and bankruptcy services in New Jersey. Our team of experienced attorneys is dedicated to helping individuals and families overcome financial hardships and achieve a fresh start.
Located in beautiful Wall, New Jersey, our law office has served clients throughout Monmouth County and the surrounding areas since 2010. We understand the challenges of overwhelming debt, and we are here to provide you with the guidance and support you need to navigate these difficult times.
One main benefit of filing for Chapter 13 bankruptcy is that it allows you to create a repayment plan that works for you. This means you won't have to liquidate your assets. Instead, you can keep your property and pay back your debts over three to five years.
Additionally, filing for Chapter 13 bankruptcy can provide immediate relief from creditor harassment. Once you file, creditors are legally required to stop contacting you and instead communicate through the bankruptcy court. This can help alleviate some of the stress and pressure that comes with being in debt.
Furthermore, Chapter 13 bankruptcy may also help protect your co-signers from being held responsible for your debts. If a family member or friend has co-signed on a loan with you, they may be at risk of having their assets seized if you file for Chapter 7 bankruptcy. However, with Chapter 13, your repayment plan will prevent creditors from going after your co-signers.
If you want to see if Chapter 13 is right for you, speak to our Chapter 13 bankruptcy attorney at Veitengruber Law today. We serve Monmouth County, NJ. See more about Chapter 13 below, and contact our Chapter 13 attorney with any questions.
Chapter 13
If you have a reliable income, a Chapter 13 repayment plan may be your road back to financial health. Chapter 13 allows married couples and individuals to structure a plan to pay off all, or a portion of, their debts over a three- to five-year plan. Commonly referred to as the wage-earner plan, Chapter 13 can allow you to protect assets and obtain a debt-free future.
Crafting an Effective Plan to Allow You to Regain Financial Stability
Veitengruber Law offices in Monmouth County and Burlington County, we work directly with individuals and married couples to craft the best legal solutions to challenging financial problems. Our bankruptcy lawyer and skilled legal team will leave no stone unturned to craft the debt solution strategy best suited to your financial troubles. Many individuals mistakenly believe that a Chapter 13 plan will leave them with few resources to put food on the table. We will thoroughly review your expenses and income and craft a reasonable budget to get you back on a firm financial standing.
Strategies that Chapter 13 May Provide Include:
- Lien stripping: Many New Jersey homeowners, from Atlantic City to Wall Township to Bordentown, have second or third mortgages. The strain pushed many properties underwater when the housing market collapsed, especially those encumbered by a second mortgage. If you owe more than your house is worth, you may be able to strip a second or third mortgage lien through Chapter 13 bankruptcy.
- Protecting your home from foreclosure: filing for bankruptcy will halt foreclosure if you file before the sheriff’s sale. You may be able to get caught up on missed mortgage payments in a Chapter 13 plan. Loan modifications are possible, even when you file bankruptcy. Our comprehensive approach to foreclosure defense can be your advantage in your efforts to protect your home.
- Making up arrears in other payments: In addition to arrears on your mortgage, you may be able to eliminate all or part of many nondischargeable past-due payments, including unpaid taxes, child support, and delinquent student loan payments.
An Experienced Attorney Devoted to Solving Debt Problems
Arrange a no-pressure consultation with our bankruptcy and debt relief attorney to learn whether bankruptcy is right for you. We will provide you with a plan to allow you to regain control of your life. Call
(732) 695-3303 or email us to request your free initial consultation. Call or email to schedule an appointment at our Bordentown office location.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.