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Burlington County · Bankruptcy

Bankruptcy firms in Burlington County, NJ

1 firm in Burlington County lists bankruptcy as a practice area.

Bankruptcy in Burlington County

The firm below has an office in Mount Laurel. Bankruptcy lawyers help individuals and businesses deal with debt they cannot pay. For people, the usual options are Chapter 7, which wipes out many debts, and Chapter 13, a court-supervised payment plan that can save a home from foreclosure.

Fees

Consumer bankruptcy lawyers usually charge a flat fee. In Chapter 13, part of the fee is often paid through the plan.

Read about bankruptcy in New Jersey

What bankruptcy covers

  • Chapter 7
  • Chapter 13
  • Foreclosure
  • Restructuring

Questions to ask before you hire

  1. 1. Should I file Chapter 7 or Chapter 13?
  2. 2. Which of my debts will not be discharged?
  3. 3. How do you charge for this kind of matter, and can I see the fee agreement in writing?
  4. 4. Who will handle my case day to day, and who do I call with questions?
  5. 5. How many matters like mine have you handled in New Jersey?

Firms

Bankruptcy guides

All guides

Chapter 7 vs Chapter 13 bankruptcy in New Jersey

Chapter 7 wipes out many debts in a few months but may require giving up property that is not protected, and you must pass a means test if your income is above the New Jersey median. Chapter 13 lets people with regular income keep their property and catch up on debts, like mortgage arrears, through a three to five year payment plan. Both are filed in the U.S. Bankruptcy Court for the District of New Jersey, and both trigger an automatic stay that stops most collection.

6 min read

Nearby counties

Bankruptcy in Camden CountyBankruptcy in Gloucester County

Other practice areas in Burlington County

Personal InjuryFamily LawEstate PlanningElder LawReal EstateEmploymentBusiness & CorporateWorkers' CompensationTaxLitigation