Have you been suffering with financial problems for too long?
Are you tired of harassing creditor calls at home and work?

New Jersey Bankruptcy lawyers Subranni, Ostrove & Zauber can help. With over 35 years of experience, you can rest assured that we know the bankruptcy laws of New Jersey.

A Chapter 7 or Chapter 13 bankruptcy can take care of your problems without the need for that burdensome second mortgage (putting the house on the line), equity loan, credit balance transfers, and the like. Mr. Subranni absolutely recommends against borrowing from 401 (k) or other type of pension plan. A much better plan is to start over with the Bankruptcy "Fresh Start" and be the wiser by avoiding credit in the future.

Chapter 7 and Chapter 13 work wonders. For example, under Chapter 7, all credit card debt, personal loans, income taxes (over three years old - see "questions and answers"), car repossession deficiencies, and other types of debt are forever forgiven. And, all possessions including bank accounts, cars, pension and IRA plans (in all cases) and real estate are protected from creditors provided the value or equity falls within your "exemptions"  Call to discuss exemptions. If money is owed on a car, the debt can be reaffirmed and the payments continued as if no bankruptcy were ever filed regarding the car.

Chapter 13 is even a more powerful tool. It forces a mortgage company to reinstate a mortgage and accept back payments over a period up to a 5 years. See the "question and answer" section for a discussion on DMV surcharges and income taxes.  Car payments can be stretched out and if the car loan is more than 2.5 years old, the payoff can be lowered to retail value considering the age and condition of the car.

"Many financially-strapped folks do not seek bankruptcy information soon enough, causing permanent financial and personal loss", says Mr. Subranni. Any kind of "refinancing," "debt consolidation," or "debt counseling" plan is not recommended. A Chapter 7 or Chapter 13 can take care of the problem much more efficiently, as described above.

Contact the experienced and caring New Jersey Bankruptcy lawyers at Subranni Ostrove & Zauber for free, confidential information. See if you qualify and if bankruptcy is right for you!