Bankruptcy Monmouth County

Your Bankruptcy Attorney Near Hazlet, NJ

Declaring bankruptcy is an extremely hard decision for anyone to make. Everyone has different reasons for considering bankruptcy, but everyone also wants the best outcome possible. Having the right bankruptcy attorney by your side can make all of the difference. You want an attorney who gives personalized attention and knows how to navigate the legal complexities of declaring bankruptcy.

If you are considering bankruptcy, then Paul N. Mirabelli Esq. is the bankruptcy attorney near Hazlet, NJ that you need to contact.

Reliable Bankruptcy Advice in Monmouth County

For more than 35 years, Paul has been serving the residents of Monmouth County with expert legal services and advice around bankruptcy.

When you choose Paul to be your bankruptcy attorney, he’ll take the time to

• Answer your questions honestly
• Fully assess your financial situation
• Discuss at length your options and potential outcomes
• Advise you on which bankruptcy code is best for your situation (Chapter 7, Chapter 11, or Chapter 13)
• Develop a tailored strategy to get you the best outcome possible
• File all paperwork on your behalf
• Represent you in all matters related to your bankruptcy

The Truth About Bankruptcy

Many people in Monmouth County and the rest of New Jersey are frightened of bankruptcy because there’s a lot of meaning and emotion that surrounds the word. In general, here are the facts of what it means to declare bankruptcy.

Depending on which type of bankruptcy you file for your debt will either be dramatically lowered, completely forgiven or reorganized in a way that will allow you to pay it off when you are able to.

The first option is Chapter 7, which is usually filed when a person cannot repay their debt over a period of time. This enables you to get a fresh financial start in exchange for a few personal assets. However, if you need more time to repay an existing debt then you might consider Chapter 13 bankruptcy. Essentially, this means that you’re setting up a new repayment plan with creditors that’s more manageable for you. The vast majority of creditors are willing to receive a lower amount of repayment than none at all so they will lower the total amount due.

As long as a person doesn’t have any additional credit problems after they file for bankruptcy, it will only take about one year before they’re able to finance a car and about two years before they’ll be able to buy a home.

Make the Personal Choice

You have a choice when you hire a bankruptcy attorney in Hazlet, NJ. You can go with an attorney who will treat you like a case number or just another client. Or, you can choose Paul N. Mirabelli, Esq., a Monmouth Country bankruptcy attorney with a reputation for giving each client his personalized attention and top-notch legal representation that exceeds expectations.

If you are considering filing for bankruptcy, then don’t move forward without speaking to an experienced bankruptcy attorney. Contact Paul today to set up a personalized case evaluation.