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New Jersey chapter 13 lawyer - Straffi & Straffi Attorneys at Law - (732) 341-3800
Manage episode 379602611 series 3510462
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Straffi & Straffi Attorneys at Law, located in New Jersey, is dedicated to delivering top-notch legal services, with a strong emphasis on bankruptcy and related fields, guiding clients through difficult legal situations.
What does the completion of a Chapter 13 bankruptcy mean?
When a Chapter 13 bankruptcy process is completed, the debtor is absolved from all debts specified in the plan, with a few exceptions. Hence, creditors cannot start or continue any legal proceedings to collect the discharged debts.
Can a Chapter 13 bankruptcy be settled early in New Jersey?
A Chapter 13 case usually includes a repayment plan to be completed in a span of 36 to 60 months. After payments, a discharge order is entered, eliminating certain debt balances. It is indeed possible to settle a Chapter 13 case early by finishing repayment and getting a discharge.
How long does a Chapter 13 bankruptcy linger on your financial record?
A Chapter 13 bankruptcy is typically visible on your credit report for seven years from the filing date, after which it is automatically removed.
Straffi & Straffi Attorneys at Law
670 Commons Way Suite I, Toms River, NJ 08755, United States
(732) 341-3800
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Bankruptcy
Divorce
Emergency Bankruptcy
Loan Modifications
Debt Negotiations
Chapter 7
Chapter 11
Newark, NJ
Jersey City, NJ
Paterson, NJ
Woodbridge Township, NJ
Toms River, NJ
Clifton, NJ
Trenton, NJ
Cherry Hill, NJ
Passaic, NJ
Old Bridge, NJ
Bayonne, NJ
East Orange, NJ
North Bergen, NJ
Vineland, NJ
Jackson Township, NJ
Piscataway, NJ
Hoboken, NJ
West New York, NJ
Parsippany-Troy Hills, NJ
Howell Township, NJ
5 episoder
Del
