Debt Relief for Toms River's Consumers and Businesses
A New Jersey Bankruptcy Lawyer With Nearly 20 Years of Experience
As a result of the recent downturn in the economy, many New Jersey individuals and businesses find themselves in the midst of unforeseeable economic hardship. At the Law Office of David A. Semanchik, we offer compassionate and informative representation to our clients. We want you to understand that debt relief solutions do exist and you do not have to face these troubles alone.
Our firm has nearly 20 years of experience providing lasting legal solutions. We will take the time to sit down with you and examine all of your be debt relief options, including bankruptcy, loan modifications, negotiations with creditors and home short sales. Please contact us via e-mail or call us at 888-691-0999 today to schedule a free initial consultation with a knowledgeable attorney.
Understanding the Benefits of Filing for Bankruptcy
Filing for bankruptcy can allow you to gain a fresh financial start and put an immediate stop to creditor harassment. Some types of bankruptcy proceedings in which we have experience include:
- Chapter 7 bankruptcy for individuals: Otherwise known as liquidation, Chapter 7 allows individuals to discharge all of their unsecured debt, including debt caused by credit card spending and medical expenses. We will help you take advantage of state and federal exemptions that will likely allow to keep your home, car and personal belongings.
- Chapter 7 bankruptcy for businesses: Our also represents corporations and LLCs in Chapter 7 bankruptcy proceedings. Chapter 7 works similarly for businesses as it does for individuals - allowing our clients to discharge their unsecured debt start anew. We have the experience necessary to help you and the court properly distinguish between your business and personal debt.
- Chapter 13 bankruptcy for individuals: In Chapter 13 proceedings, the court will restructure all of your debts into a three to five year payment plan. After making payments for the predetermined period of time, your remaining debts will be discharged. This beneficial debt relief option is for individuals who earn consistent income.
Contact us to schedule a free initial consultation and receive and honest assessment of which debt relief option is in your best interest.
