Bankruptcy Lawyer NJ – Bankruptcy Attorney NYC

Call (888) 628-8838 :: If you face bankruptcy, it is essential to have an experienced law firm on your side to help you navigate the legal complexities.

Dealing with bankruptcy can be one of the most challenging times of your life. Financial troubles often cause so much stress and anxiety, even to the point of making a person sick. However, it is important to know that filing for bankruptcy is not the end of the world but rather a chance to wipe the slate clean and start over.

If you face bankruptcy, it is helpful to know that there is a place you can turn for help. At Zuck Legal, we will put you and your family at ease by guiding you through the process based on your unique set of circumstances and will help you successfully overcome this stressful time.

What is Bankruptcy?

Bankruptcy is a legal process that is overseen by federal bankruptcy courts. It is intended to help individuals and businesses eliminate all or a portion of their debt. It can also help them repay a part of what they owe. It is a complex process, and the average person isn’t typically equipped to go through it alone.

While filing for bankruptcy may help you relieve your debt, it is important to understand that bankruptcy has long-term effects on your credit. It will stay on your credit report for 7-10 years, which can affect your ability to get approved for loans with affordable rates and your ability to open credit card accounts.

By working with a bankruptcy attorney, you can ensure that your bankruptcy goes as smoothly as possible. It will also guarantee that it complies with all of the applicable rules and regulations that govern bankruptcy proceedings.

Types of Bankruptcy

Before filing for bankruptcy, you will have to meet certain requirements. You will need to prove that you cannot repay your debts, and you may also need to complete credit counseling with an approved credit counselor.

Depending on your situation, filing Chapter 7, Chapter 13, or Chapter 11, might be the appropriate decision for you. At Zuck Legal, we will help you decide what actions are right for you. We will help you compare your options and understand the differences between the three most common types of bankruptcies.

Causes of Bankruptcy

Every day, thousands of people file for bankruptcy to get out from underneath the debt that they owe. Typically, they are the result of unavoidable circumstances or consequences of an action. Some of the most common reasons why people file for bankruptcy include:

• Medical bills
• Job loss
• Divorce or separation
• Unexpected expenses
• Poor or excess use of credit

Whatever your situation, in the end, it comes down to too much money going out and not enough coming in. To begin fighting your debt, it is important to contact an attorney first.

Bankruptcy Lawyer NJ & NYC

At Zuck Legal, our legal team is here to listen and provide counsel. Bankruptcy is a complex legal procedure. It is essential to have someone on your side who can provide you with the best legal advice and expertise.

Don’t put off the decision to file bankruptcy until you are way in over your head. Contact us today by calling (888) 628-8838 or fill out our online contact form.