Turnersville, NJ Bankruptcy and Foreclosure Lawyer
Top Bankruptcy Attorneys and Home Foreclosure Defense Attorneys.
Over 750 ★★★★★ Google Reviews
Contact Our Attorneys Today
EVALUATION
At Sadek Bankruptcy Law Offices, we realize that every situation is different. Our debt relief lawyers will take the time to learn about your situation and your goals. Our objective is to explain your legal options and offer the best debt relief strategy for you in the most compassionate and friendly manner possible. Call 24/7 to schedule your meeting with a lawyer.
AVAILABLE
Our office understands the financial stress our clients endure. Therefore, in addition to reasonable legal fees, we offer a payment plan to all of our valued clients to make quality legal services most affordable.
AND NJ
In addition to our primary law office in Center City, Philadelphia, we also have law offices throughout the Greater Philadelphia, Pennsylvania Area and in New Jersey. Our branch offices have contributed to making us the #1 Bankruptcy Filer and debt relief firm in the Greater Philadelphia area. Our goal is to have a convenient location within 20 minutes of where our clients work or reside.
Compassionate Turnersville, NJ Bankruptcy Attorneys
Choosing Between Chapter 7 and Chapter 13 Bankruptcy
Deciding on the type of bankruptcy to file can be confusing, but understanding the basics of Chapter 7 and Chapter 13 bankruptcy can help you make an informed choice.
Each chapter of the U.S. Bankruptcy Code serves different financial situations and goals. Chapter 7 is often suitable for those looking to discharge debt quickly, while Chapter 13 involves a repayment plan that helps you keep your assets.
Our team of bankruptcy lawyers can review your financial circumstances and guide you through the decision-making process.
Chapter 7 Bankruptcy
If you’re struggling with debt and unable to keep up with payments, Chapter 7 bankruptcy may offer the relief you need. This process can eliminate unsecured debts like medical bills and credit card balances, giving you a fresh start.
A Chapter 7 bankruptcy lawyer in New Jersey can help determine whether you qualify and guide you through the process. In most cases, individuals can protect essential assets, while certain non-exempt assets may be sold to pay creditors.
Chapter 7 Business Bankruptcy
When a business can no longer sustain operations due to overwhelming debt, Chapter 7 business bankruptcy may be the best option.
This bankruptcy process allows a business to close in an orderly manner by liquidating assets and distributing funds to creditors. A New Jersey Chapter 7 business bankruptcy lawyer can assist with the legal steps, helping business owners move forward without the burden of unresolved financial obligations.
If your business is struggling, we can review your options and determine whether Chapter 7 bankruptcy is the right solution.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy can be a practical solution for individuals with a steady income who want to repay their debts over time. This option allows you to create a repayment plan based on your financial situation, typically lasting three to five years.
A Chapter 13 bankruptcy attorney in NJ can work with you to develop a plan that helps you keep important assets like your home and car while managing your debt.
How Can Bankruptcy Benefit Filers?
Bankruptcy provides unique legal protections that can be a lifeline in regaining your financial footing when overwhelmed by debt.
Unlike other debt-relief options, bankruptcy legally allows you to wipe out or restructure your debts. It also grants legal protections that debt consolidation does not, such as halting creditor actions against you from the moment you file.
Relief from Medical Debt and Credit Card Debt
One of the most immediate benefits of filing for bankruptcy is the elimination of unsecured debts, such as medical bills and credit card debts. These debts can be completely discharged under Chapter 7 bankruptcy, meaning you are no longer legally required to pay them. This relief can provide a fresh financial start, freeing up income for essentials like housing and groceries.
Automatic Stay Protections
When you file for bankruptcy, an automatic stay goes into effect. This legal protection stops most creditors from continuing with collection actions, which include calling you, sending collection letters, or filing lawsuits. It also halts any wage garnishment actions against you.
The automatic stay is a fundamental advantage as it gives you peace of mind while your bankruptcy case is being processed, and our bankruptcy attorneys are here to help enforce these protections.
Stopping Repossession and Foreclosure
Bankruptcy can also help you keep important assets like your home and car, which might otherwise be lost to vehicle repossession or mortgage foreclosure.
Chapter 13 bankruptcy allows you to include past-due payments in your repayment plan, giving you the chance to catch up over time under court protection. This can be a vital lifeline for those looking to preserve their family home or maintain reliable transportation for work.
Student Loan Debt Relief
While student loan debt is typically not dischargeable in bankruptcy, filing can still help manage the burden.
Under Chapter 13 bankruptcy, you can incorporate your student loans into your repayment plan, which might reduce your monthly payments. This doesn’t eliminate the debt, but it can provide more manageable terms and prevent lenders from taking aggressive collection actions while you are under bankruptcy protection.
Our New Jersey student loan debt relief attorneys can explain how filing can affect your student loan obligations.
Foreclosure Defense Attorneys in Turnersville, NJ
Facing foreclosure can be overwhelming, but you may have options to fight for your home. Legal defenses are available to delay or stop foreclosure, whether you’re behind on mortgage payments or dealing with unpaid property taxes.
Our Turnersville foreclosure defense lawyers understand the foreclosure process in New Jersey and can help you explore solutions to protect your home and financial future.
We help clients explore all available legal options to stop or delay foreclosure and preserve homeownership. Whether you’re facing judicial foreclosure or struggling with missed payments, our Pennsylvania foreclosure attorneys are here to provide personalized support throughout the process.
Judicial Foreclosures in Turnersville, NJ
New Jersey is a judicial foreclosure state, meaning lenders must go through the court system to seize a home. This process allows homeowners to respond and defend against foreclosure before the property is sold.
With the help of an experienced New Jersey foreclosure attorney, you may be able to challenge the lender’s case, negotiate a mortgage modification, or explore bankruptcy options to pause the proceedings.
Tax Foreclosures
If property taxes go unpaid for too long, the local government can begin the tax foreclosure process. This can lead to losing your home, even if your mortgage payments are current.
In some cases, you may be able to stop a tax foreclosure by negotiating a payment plan or using bankruptcy to catch up on past-due taxes. Our real estate tax foreclosure lawyers in New Jersey can help you understand your rights and take action to prevent the loss of your home.
Mortgage Foreclosures
Falling behind on your mortgage payments can put you at risk of foreclosure, where the lender moves to take ownership of your home. Many homeowners feel helpless in this situation, but legal options may be available to delay or stop the process, such as loan modifications, repayment plans, or filing for Chapter 13 bankruptcy to catch up on missed payments over time.
A mortgage modification lawyer in New Jersey can review your situation and determine the best course of action to help you keep your home.
How Can Our Turnersville, NJ Foreclosure and Bankruptcy Lawyers Help You?
Facing foreclosure or bankruptcy is overwhelming, and it’s common to feel unsure about your next steps. Our attorneys provide practical legal guidance and work to protect your home and finances.
We can speak with lenders on your behalf, prepare the necessary documents, and represent you if your case goes before a judge. With a clear understanding of New Jersey foreclosure and bankruptcy laws, we aim to reduce stress and help you move toward a steadier financial situation.
Contact a Bankruptcy and Foreclosure Attorney in Turnersville, NJ at Sadek Law Today
If you’re facing financial difficulties or the threat of losing your home in Turnersville, NJ, don’t wait to seek help. The team at Sadek Bankruptcy Law Offices is here to help you find the best path forward.
Whether you need to eliminate debt, stop creditor harassment, or save your home, we will guide you through the legal process and work toward a solution that fits your needs.
Call (856) 890-9003 or complete our online intake form to schedule a free consultation today.