Trustworthy Attorney Provides Bankruptcy Guidance in Pompton Lakes
Personal attention to your concerns throughout the legal process
If you are living and struggling with debt in Pompton Lakes — a richly scenic area we have served for 25 years — you might imagine you’re alone among your many neighbors who are comfortably enjoying the good life. However, as the American economy continues to sputter, more and more folks in your community are finding it harder to climb out of debt. We know, because we’ve helped them. The Law Offices of James C. Zimmermann provides sound guidance and reliable bankruptcy representation in the Borough of Pompton Lakes and throughout Passaic County. Drawing on decades of experience, we’ve helped folks like you focus on realistic goals for their future and take decisive steps to achieve them.
Helping you understand your bankruptcy options in Passaic County
At the Law Offices of James C. Zimmerman, we have thorough knowledge of federal and state bankruptcy law, which we patiently explain so you can make the best and most fully informed decisions for yourself and your family. Many of our clients benefit from filing some form of bankruptcy, such as:
- Chapter 7 — This type of dissolution bankruptcy enables consumers to discharge qualifying debt quickly to start over with a clean slate. Chapter 7 allows you to exempt and retain certain amounts of various types of property, while your nonexempt property goes to the bankruptcy court so the bankruptcy trustee can sell it to partially repay your creditors.
- Chapter 13 — If you have a home or car that you want to keep, Chapter 13 may provide a way to reorganize your debt so you can make payments and catch up on arrears. Under Chapter 13, you propose a payment plan based on your disposable income, which you must adhere to faithfully for three or five years. At the end of the plan, the bankruptcy court discharges your remaining qualifying debt.
- Chapter 11 — If your business is struggling with debt, you might be able to reorganize under Chapter 11. This chapter allows you to make changes to your business model and repay a portion of what you owe from available assets. Bankruptcy protects your from creditors, so your business can continue to operate, and you can discharge qualifying debt.
Bankruptcy is not a magic wand and isn’t appropriate for everyone. If you would benefit more from a loan workout or home refinancing, we can pursue those options. However, it’s always easier to negotiate those options if a creditor believes you are seriously considering bankruptcy. Filing for bankruptcy also provides an enormous benefit, called the automatic stay. This court order prohibits creditors from contacting you in an attempt to collect.
If debt collectors have harassed you, we can evaluate whether they have violated your rights under the Fair Debt Collection Practices Act. This federal law provides a cause of action for a variety of obnoxious and threatening tactics some unscrupulous collectors still use, so you might be able to sue for creditor harassment and collect monetary damages.
Get personalized bankruptcy assistance in Pompton Lakes, NJ
If you’ve been struggling under the weight of unmanageable debt, get reliable legal advice from a knowledgeable bankruptcy lawyer. The Law Offices of James C. Zimmermann can help you wipe your slate clean. To schedule a free consultation, call us at 973-764-1633 or contact us online. Our office is located in the heart of Pompton Lakes, a mile west of Joe Louis Memorial Park.
April 14, 2016, 5.0 rating ★★★★★
“I don’t have enough words to describe how amazing the experience with Jim was. I could not have asked for better services. From the moment I first called I was at ease that I has made the right choice. Thank you again!!” – Jake Davidson