Understanding Bankruptcy

If you are facing financial challenges in your personal life or in your business, chances are the concept of filing bankruptcy has crossed your mind. If it has it also makes sense that you have a lot of bankruptcy questions that need answers. Many people actually cannot answer the question “what is bankruptcy” in anything except general terms.

Understanding bankruptcy and when it makes sense for you to consider filing bankruptcy is an important decision for your current circumstances, and also for your future. Bankruptcy allows individuals, burdened by overwhelming debt, to obtain a fresh start and wipe out debt. One of our firm's primary practice areas is representing clients in bankruptcy cases in Chapter 7, Chapter 13 and Chapter 11 under the Bankruptcy Code.

As expert attorneys in all things bankruptcy related, we are committed to providing you the best advice for your specific situation. That starts with us listening to you and understanding what brought you to this place, then continues with us educating you about the options for debt relief and answering all your bankruptcy questions.

Many people do not realize that there are several types of bankruptcy, such as Chapter 7, Chapter 11 and Chapter 13. Each has its benefits and challenges, so knowing which is the best option for your present situation as well as your future recovery can make all the difference in your life. Here at Scura, Wigfield, Heyer, Stevens & Cammarota, LLP we handle all types of bankruptcy cases, so we are able to answer your bankruptcy questions and help you make the best decision for your case. 

Do you want to talk to a lawyer about alternatives to filing bankruptcy or tax returns and bankruptcy? Call one of our law firm's New Jersey or New York attorneys with offices conveniently located in Passaic and Hudson County. Our law firm has represented debtors, creditors, served as Chapter 13 Bankruptcy Trustee, and represented bankruptcy trustees in thousands of cases. Bankruptcy law is a specialty where extensive experience is essential, with knowledge of the courts and the law being of utmost importance.

Let us help you answer the “what is bankruptcy and what does it mean for me” question thoroughly and carefully so you can begin to see the next steps clearly.

Contact us at 973-870-0434 or schedule a FREE initial consultation today!