Proactive Passaic County Lawyer Provides Foreclosure Defense and Bankruptcy Representation
Experienced New Jersey attorney helps clients get back on their feet
Coming up short financially month after month is incredibly stressful, especially when your home, business or lifestyle are on the line. At the Law Offices of James C. Zimmermann in Wayne and Pompton Lakes, we defend individuals and families in danger of having their homes taken away. We also provide focused attention and legal guidance during bankruptcy proceedings. Our firm serves Passaic County and the rest of northern New Jersey.
Knowledgeable attorney pursues alternatives to home foreclosure
In many Passaic County communities, the high cost of living has put many people in arrears on their mortgage payments. When you are in serious danger of losing your home, the Law Offices of James C. Zimmermann can provide a committed defense against foreclosure. Obtaining a mortgage modification or loan forbearance may allow you to keep your house. If you owe more on your mortgage than your home is worth, you may be able to resolve your debt through a short sale or a deed in lieu of foreclosure. If your lender files a foreclosure complaint, you can apply to the New Jersey Judiciary Foreclosure Mediation Program, which prevents a sheriff from selling your home while you attempt to work out a payment plan with your lender.
Dedicated law firm provides counsel at all stages of the bankruptcy process
When paying all your bills seems impossible, you may consider filing for bankruptcy. This action places an automatic stay on creditors, preventing them from trying to collect money from you.
Chapter 7 and Chapter 13 are the types of bankruptcy most relevant to individuals, and there are advantages and disadvantages to each. To determine which is right for you, we consider your income, the type and amount of debt you owe and whether it is possible to pay back creditors. A Chapter 7 discharge in bankruptcy clears most of your debts, such as credit card bills and medical expenses, giving you a fresh start. A Chapter 13 bankruptcy allows you, if you have regular income, to develop a plan to repay all or part of your debts in installments to creditors over three to five years.
We provide skilled legal counsel throughout the bankruptcy process and represent clients before the U.S. Bankruptcy Court in Newark.
The downside to bankruptcy is that it can seriously limit your ability to secure loans and credit for years. we advise you on what alternative debt relief methods may be available.
Contact a respected Passaic County bankruptcy and foreclosure defense law firm
Having a qualified attorney on your side during bankruptcy or foreclosure defense can help set you on a path toward greater financial health. To schedule a free initial consultation with the Law Offices of James C. Zimmermann, call us at 973-764-1633 or contact us online. We have offices in Wayne, Pompton Lakes, Vernon, Hackensack and Nutley. Our firm represents clients throughout northern New Jersey.