What is a Bankruptcy Action in New Jersey?

What is a Bankruptcy Action?

Bankruptcy is a legal action where a person who has incurred debts in an amount that he cannot pay, whether that is from the total accrual of debts during the course of every day events or the happening of an unexpected occurrence, can reorganize the debt or have it discharged without any further liability. Frequently, people who have experienced a major life event, such as a job loss, medical emergency, or divorce need to file for bankruptcy in order to get a fresh start.

An experienced New Jersey bankruptcy attorney, such as Andrew M. Carroll, can explain what all of this means for you and your unique circumstances.  I will sit down with you and explain the differences between a Chapter 7 and Chapter 13 and help you determine which of these is right for you, if bankruptcy is the right choice overall. In order to schedule a time, please contact me at (609) 400-1302 to schedule your free New Jersey debt relief and bankruptcy consultation.