Let Our 30 Years Of Experience Work For You

Photo of attorneys Shelley Slafkes and Bruce Levitt
Photo of attorneys Shelley Slafkes and Bruce Levitt

How Can Bankruptcy Help Me?

When the idea of filing for bankruptcy comes up, most people think only of negatives. There are many positives, however, to filing for bankruptcy. At Levitt & Slafkes, P.C., our bankruptcy attorneys can explain how bankruptcy will benefit you.

The Benefits Of Filing

Filing for bankruptcy can change your life — in a positive way. The benefits of bankruptcy include:

  • The automatic stay — When you file for bankruptcy, the automatic stay kicks in. This prevents creditors from harassing you once they have been notified that you have filed. It means creditors cannot put liens on your house, levy your bank account, garnish your wages, foreclose on your house or repossess your car and other property.
  • Debt relief — At the end of the bankruptcy process, your debt is discharged and you no longer have to face days, weeks or months where you cannot pay your bills.
  • Credit repair — Bankruptcy actually can be good for your credit rating. Once your debt has been eliminated, you can start paying your bills on time. When creditors see that you are no longer defaulting on payments, your credit will begin to improve. Over time, you can build your credit score back up to where it was before you began experiencing financial difficulty. Many people are able to get loans or credit cards within a year or two of their bankruptcy.
  • Save your house — By filing for Chapter 13 bankruptcy, you can stop foreclosure proceedings and force your lender to let you pay the overdue payments over a three- or five-year period, as per your bankruptcy payment plan.

Our Experience Gives You An Advantage

Attorneys Bruce Levitt and Shelley Slafkes have more than 30 years of experience helping people eliminate debt and gain control of their financial lives. They will work with you to develop a customized solution for your specific financial needs.

At Levitt & Slafkes, P.C., our firm was formed to help people in Essex County and throughout New Jersey deal with overwhelming debt. We know the law and how to use it so you can get back on your feet.

Connect With Our Attorneys Today

“What are the benefits of bankruptcy?” Contact Levitt & Slafkes, P.C., to learn more. For a free initial consultation with one of our lawyers, fill out our online form or call our Essex County lawyers at 973-323-2953.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.