These Are the Most Common Reasons You Need to File for Bankruptcy Immediately

New Jersey bankruptcy attorneyYou may not understand what is your next step when you are in over your head in a financial bind and in certain situations you may need to file for bankruptcy immediately in order to get the protection you deserve and the fresh start you will need to put this financial situation behind you. Some circumstances may be resolved with a repayment plan or with other alternatives, however, there are certain situations in which you should file for bankruptcy right away.

Filing for Bankruptcy in New Jersey

If you get help from a bankruptcy lawyer, you may be able to begin your petition in a few days.

You may need to do so as soon as possible if:

The bank is already prepared to foreclose on your home as soon as possible.
The lender is preparing to repossess your car.
You have just moved to a new state that has less favorable exemptions for those who file for bankruptcy.
You intend to stop a lawsuit that has already been filed against you by a creditor.
Your landlord is trying to evict you from your rental property.
You anticipate receiving an inheritance or other type of property, relatively soon.
You recently started a job that provides you with more income.
All of these situations require prompt attention and likely intervention from an experienced bankruptcy attorney. You may not realize how much your conditions can be changed if you do not consult with a lawyer first and foremost. Bankruptcy may not be the right choice for everyone, but it is often a viable alternative to getting the support that you need when pursuing bankruptcy protection and a fresh start in a financial manner.

Schedule a Consultation With a New Jersey Bankruptcy Attorney

You need an attorney who is thoroughly experienced in this field and one who will keep you top of mind throughout the duration of the bankruptcy process, so that you can feel confident about your future.

The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney-client relationship. If you are seeking legal advice, please contact our law firm directly.

We are here to help you.

Is this a New Jersey matter or Philadelphia Region matter?
We are licensed to practice in New Jersey and Pennsylvania.

Attorney Joel R. Spivack is an experienced bankruptcy and residential real estate transactions lawyer in Cherry Hill, New Jersey. Clients come to us for legal services, but what we really provide is peace of mind. For more than 30 years, Attorney Spivack has helped people make wise, informed decisions about bankruptcy filings, debt relief options and residential real estate transactions.
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