Helping South Jersey residents with debt and bankruptcy since 1985.
Bankruptcy
Cumberland County · Bankruptcy
Bankruptcy firms in Cumberland County, NJ
2 firms in Cumberland County list bankruptcy as a practice area.
Bankruptcy in Cumberland County
The firms below have offices in Bridgeton and Vineland. 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.
What bankruptcy covers
- Chapter 7
- Chapter 13
- Foreclosure
- Restructuring
Questions to ask before you hire
- 1. Should I file Chapter 7 or Chapter 13?
- 2. Which of my debts will not be discharged?
- 3. How do you charge for this kind of matter, and can I see the fee agreement in writing?
- 4. Who will handle my case day to day, and who do I call with questions?
- 5. How many matters like mine have you handled in New Jersey?
Firms
Stark & Stark, PC
Hamilton, NJ
Founded in 1933, with 200+ legal professionals serving both people and businesses.
Personal InjuryWorkers' CompensationBusiness & Corporate+13
Bankruptcy guides
All guidesFacing foreclosure in New Jersey: process, mediation and timelines
New Jersey is a judicial foreclosure state, so a lender has to go through the Superior Court to take a home. Before filing, the lender must send a Notice of Intention to Foreclose at least 30 days in advance, and homeowners who live in a one to four family home can ask for free court mediation within 60 days of being served.
7 min read
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