Levitt & Slafkes, P.C.
Get The Fresh Start You Deserve
973-323-2953
Se Habla EspaƑol
View Our Practice Areas

Chapter 7 Archives

Why You Need a Bankruptcy Attorney Who Can Offer Personalized Attention

Why you need a bankruptcy attorney who can offer personalized attention.jpgAre you overwhelmed with debt, having reached the point where you can barely pay for the essentials, much less satisfy pay your creditors? You may have been doing your best to cope with escalating financial distress for months now or even years, but have finally decided to explore bankruptcy as an option. While this may be the smartest solution for gaining firm control of your finances, it can also be a difficult decision to make.

Why You Should Not Pay Off That Family Loan Before Filing for Bankruptcy

Thumbnail image for why you should not pay off.jpgIf you have decided to file for bankruptcy, no doubt you are eagerly looking toward a brighter future and new found financial freedom. You probably also have numerous questions and concerns about filing which should be discussed with an experienced bankruptcy attorney from a law firm like Levitt & Slafkes, PC.

What Happens to My Car in a Chapter 7 Bankruptcy?

what happens to car.jpgPeople often wonder how bankruptcy will affect their ability to keep their car. While there can be complications if you are far behind on payments, what happens to your property in bankruptcy will most likely be up to you. It is crucial to work with an experienced attorney from a law firm like Levitt & Slafkes, PC so you are informed and able to make the best choices.

How Do I Know the Time is Right for Me to File for Bankruptcy?

How Do I Know the Time is Right for Me to File for Bankruptcy.jpgIf you are considering filing for bankruptcy, you've probably experienced many months of financial hardship. While struggling a little with the typical monthly budget is one thing, if you have been falling deeper and deeper into debt, it's time to consult with an experienced bankruptcy law firm like Levitt & Slafkes, PC. We can review your case, answer your questions, and discuss all your options.

What Happens to My Child Support Obligation in A Bankruptcy Case?

thumbnail - child support.jpgThere are many reasons that millions around the US have filed for bankruptcy. Serious financial woes are generally precipitated by an unexpected life event. A major illness may have led to medical bills piling up, unemployment may have made it impossible to pay the bills, or family issues such as divorce may have led to very challenging circumstances both emotionally and financially.

What Happens to My Child Support Obligation in A Bankruptcy Case?

thumbnail - child support.jpgThere are many reasons that millions around the US have filed for bankruptcy. Serious financial woes are generally precipitated by an unexpected life event. A major illness may have led to medical bills piling up, unemployment may have made it impossible to pay the bills, or family issues such as divorce may have led to very challenging circumstances both emotionally and financially.

Physician Sentenced for Bankruptcy Fraud

Thumbnail image for Thumbnail image for Physician Sentenced for Bankruptcy Fraud.jpgWe have previously written about how important it is for a Debtor to be honest during the bankruptcy process. This was a particularly important lesson in a Chicago courtroom last month. Lynn Y. Zoiopoulos, an Illinois physician, was sentenced to 30 months in federal prison because she concealed assets in her Chapter 7 Bankruptcy.

Physician Sentenced for Bankruptcy Fraud

Thumbnail image for Thumbnail image for Physician Sentenced for Bankruptcy Fraud.jpgWe have previously written about how important it is for a Debtor to be honest during the bankruptcy process. This was a particularly important lesson in a Chicago courtroom last month. Lynn Y. Zoiopoulos, an Illinois physician, was sentenced to 30 months in federal prison because she concealed assets in her Chapter 7 Bankruptcy.

The Importance of Honesty

The Importance of Honesty.jpgThe importance of honesty in the bankruptcy process cannot be overstated. As part of the bankruptcy process, a filer must disclose all property, income, and debts. These declarations are made under penalty of perjury that everything contained in the bankruptcy petition is true and correct to the best of one's knowledge, information, and belief. Honesty in this process is not optional; it is required. Failing to disclose income or assets can have wide-ranging implications from inability to discharge debt through to criminal liability.

The Importance of Honesty

The Importance of Honesty.jpgThe importance of honesty in the bankruptcy process cannot be overstated. As part of the bankruptcy process, a filer must disclose all property, income, and debts. These declarations are made under penalty of perjury that everything contained in the bankruptcy petition is true and correct to the best of one's knowledge, information, and belief. Honesty in this process is not optional; it is required. Failing to disclose income or assets can have wide-ranging implications from inability to discharge debt through to criminal liability.

Our bankruptcy attorneys will help you escape debt and
face the future with optimism.

Email Us For A Response

Begin Your New
Financial Life
Today

Office Location

Levitt & Slafkes, P.C.
515 Valley Street
Suite 140
Maplewood, NJ 07040

Phone: 973-323-2953
Fax: 973-313-1240
Map & Directions

google map