Chapter 13 Bankruptcy in Chester, NJ

Bankruptcy Lawyer Marc P. Feldman can help you file for debt relief under Chapter 13 bankruptcy, which allows individuals the opportunity to become debt free by gradually repaying debt without the burden of creditor harassment. There are many reasons that individuals choose to file under Chapter 13, and my firm can help you determine if Chapter 13 or any other form of consumer bankruptcy is right for you.

Why choose Bankruptcy Attorney Marc Feldman

  • I am focused on bankruptcy law
  • I have guided many clients through bankruptcy
  • I bring more than 25 years’ experience and compassion to your case
  • I offer a free case review, affordable payment plans & flexible hours

Bankruptcy Lawyer Marc P. Feldman can help you take charge of your debts through this form of bankruptcy. In some cases, a client located in Chester, Morris County or elsewhere in New Jersey files under Chapter 13 because they do not want to lose certain property that is not protected under Chapter 7, or because they do not qualify for Chapter 7 after failing the means test. I can help you determine if debt restructuring is in your best interest and then take steps to discharge your debts.

Free Initial Consultation.  Call Bankruptcy Attorney Marc P. Feldman at 973-267-7555.

How Chapter 13 Bankruptcy Works

Chapter 13 bankruptcy is a debt restructuring plan that allows you, as the debtor, the opportunity to consolidate your debts into one reasonable monthly payment. Your payment will be based on the amount that you are able to pay. Some debts (secured debts, for example) must be paid in full by the end of the bankruptcy process. These debts may include:

  • Auto loans
  • Certain tax debts
  • Certain student loan debts
  • Unpaid child support

Bankruptcy Attorney Marc P. Feldman can help you prepare a plan that meets your best interests. Do not hesitate to contact me and discuss your options for eliminating overwhelming debts.

As you file under Chapter 13, you will be able to take note of the unique advantages within bankruptcy. Lien stripping is one such benefit that involves the removal of a second mortgage if you have more than one. If you are past due on your automobile loan, it may be possible to repay the value of the vehicle, rather than the value of the note. You can learn more about how Chapter 13 bankruptcy can personally benefit you by contacting my firm today!