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3 Benefits of Chapter 7 Bankruptcy

“I would personally like to thank Mr. Spiller for what he has done for me. He saved my house that my children & I have lived in for the last 22 years from foreclosure and I'm sure he would do for you as he has done for me.”

3 Benefits of Chapter 7 Bankruptcy

Picture of a typewriter and paper that reads, "Bankruptcy."

Bankruptcy sometimes gets an unfair stigma attached to it. The reality is that it helps many people get out of financial trouble.

Credit card bills pile up, life circumstances suddenly change. Whatever the problem, bankruptcy gives people the chance to start over.

When you file a Chapter 7 bankruptcy, you’ll be assigned a trustee to make a record of your assets and then sell the non-exempt assets to pay off your creditors. This is why Chapter 7 is known as liquidation bankruptcy.

Here Are 3 Reasons to File Chapter 7 Bankruptcy

1) Most types of unsecured debt will be discharged, including credit card debt and medical bills.

2) If you stay current on payments and don’t have a large amount of home equity, you could keep your home and vehicles.

3) You can begin to re-establish your credit almost immediately.

Contact Our NJ Bankruptcy Lawyers

The bankruptcy lawyers at Brenner Spiller & Archer, LLP provide friendly, caring, and affordable legal services. We serve clients throughout central and south Jersey with offices in Collingswood, Mount Holly, Vineland, and Freehold.

Call 856.925.9215 Today to Get Your Free Consultation

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

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    Our Office Locations

     

    MAIN OFFICE

    175 Richey Avenue
    Collingswood, NJ 08107

    Phone: 856-997-2546

    Fax: 856-858-4371

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    MT. HOLLY

    33 Grant Street
    Mt. Holly, NJ 08060

    Phone: 609-303-5060

    Fax: 856-858-4371

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    VINELAND

    1063 E Landis Avenue
    Vineland, NJ 08360

    Phone: 856-406-2332

    Fax: 856-858-4371

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    FREEHOLD

    57 W. Main St.
    Freehold, NJ 07728

    Phone: 732-338-0659

    Fax: 856-858-4371

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