Bankruptcy Overview And FAQs
If you are struggling financially, bankruptcy may be an option to consider. At the Law Office of Benjamin J. Ginter, LLC, we will approach your financial situation with a friendly and judgment-free attitude. We understand that you are contacting us because you need someone to help and not add to the stress.
With 15 years in practice in New Jersey, our firm knows how to answer your toughest questions about the future. Whether you choose bankruptcy through Chapter 7 or Chapter 13, we are there to guide you every step of the way with 24/7 availability and quick responses to your questions.
Here are answers to a few common questions to help ease your concerns about bankruptcy.
What Options Are Available To Me?
Our firm offers help with consumer-level Chapter 7 and Chapter 13 bankruptcy. Which one you choose is based on a variety of factors, including your debt level, income and assets. Your lawyer will discuss your situation thoroughly and make a recommendation based on your circumstances and goals.
What’s The Difference Between Chapter 7 And Chapter 13?
Chapter 7 is focused on liquidation and repayment while Chapter 13 centers on reorganization. Approximately 70 percent of people choose Chapter 7 bankruptcy based on factors like income and processing time.
Can I Keep My Home And Car?
Your ability to protect assets like your home and car depends on your situation. No two bankruptcy cases are alike, so it is important to get personal advice from an attorney about how laws regarding liquidation and reorganization of debt apply to your assets.