Call us Today to Set Up A
Free Case Evaluation
Levitt & Slafkes, P.C.
Get The Fresh Start You Deserve
973-323-2953
Se Habla EspaƑol
View Our Practice Areas

Personal Bankruptcy Archives

Chapter 7 & Chapter 13: What is Bankruptcy Pre-Planning?

Chapter 7 & Chapter 13 What is Bankruptcy Pre-Planning.jpgLike millions of others before you in the US, you may have decided to file bankruptcy due to an overwhelming amount of debt. You probably never expected to be in such a position, but life is full of surprises and unfortunately, they are not always good when it comes to finances. If you have been struggling with a torrent of medical bills after a car accident, the loss of your job, a difficult divorce, or maybe even all these events in the past few years, filing for bankruptcy may be the best solution.

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

If 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?

People 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.

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

There 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.

Military Service and Bankruptcy

If you are on active military duty, a disabled veteran, or planning to enlist in the armed forces, you may be wondering how your military status may affect your bankruptcy. If you are a member of the armed forces, you have the same right to file for bankruptcy protection as a civilian. In fact, special exemptions apply to military bankruptcies that can help discharge debt that might not otherwise be eligible.

How will a bankruptcy affect my children?

If you are the parent of minor children, you may be worried about how declaring bankruptcy may affect their lives. The good news is that for most filers, a bankruptcy  does not negatively affect their children. An experienced bankruptcy attorney can help you understand how a bankruptcy might affect your family and help you plan accordingly. 

Marrying into Debt

You've found the one. You've planned the wedding. You're ready to walk down that aisle, but you want to know, when your officiant asks "if you take this person to be your spouse, for richer or for poorer," what are you agreeing to?

Timeshares and Bankruptcy

If you are considering bankruptcy, you may be wondering what will happen to your car or your house. In fact, these questions are so common, that we have prepared a client FAQ detailing exactly what happens in the bankruptcy process to these and other essential assets. You may also  be wondering, what will happen to your timeshare.

Are You in the Financial Danger Zone?

If you are struggling to make ends meet, the thought of filing for bankruptcy has probably crossed your mind. It is likely a scary thought, but it shouldn't be. The media consistently reports on businesses and celebrities that seek debt relief and makes it sound like it is the end of the world. What the media never reports is how most people emerge from their Chapter 7 or Chapter 13 with little or no remaining debt.

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