Declaring Chapter 13 Bankruptcy? Don’t Make These Mistakes

Are you considering declaring chapter 13 bankruptcy? Don’t make these mistakes and ruin your claim. Contact our South Jersey attorney today.

Choosing the Wrong Chapter 13 Bankruptcy Attorney

Declaring Chapter 13 Bankruptcy Don't Make These MistakesWhen filing for Chapter 13 bankruptcy in South Jersey, it’s important to make sure that you have the right attorney. You need to look for an attorney who is experienced in Chapter 13 as well as Chapter 7 bankruptcy, has a background in mortgage remodifications and has experience in foreclosures. If you have any questions about whether you should file for a Chapter 7 or a Chapter 13, please contact our office.

Misunderstanding Chapter 13 Bankruptcy Case Timeline

I was talking to a Chapter 13 client the other day and they wanted to know right up front, “How long is this Chapter 13 bankruptcy plan going to take?” The answer is an emergency petition can be filed in about one to two hours, but under normal circumstances, it takes one to two weeks to complete the actual filing, and the plan will last three to five years. If you have any more questions about how this works, please contact our office.

Not Filing For Chapter 13 Bankruptcy When You Should

A common question we have from our South Jersey clients is, “Why should I choose Chapter 7 over a Chapter 13?” There are various reasons for that, one of them being maybe you’re income is too high in the Chapter 7 Means Test. Also, if you have unsecured debts that are not dischargeable, such as alimony, taxes or child support, or student loans, you would want to consider a Chapter 13. If you have any questions about whether a Chapter 7 or a Chapter 13 bankruptcy is right for you, please contact our office.

Are you declaring Chapter 13 bankruptcy? Don’t make these mistakes that often made and could ruin your claim. Contact experienced South Jersey Chapter 13 bankruptcy attorney Andrew Carroll of All Jersey Bankruptcy today for a free consultation and case evaluation.

We are dedicated to giving you the answers that you need in order to make an informed decision about whether bankruptcy is the best decision option for you.

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