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Experienced Lawyer Offers Reliable Bankruptcy Advice in Wayne, NJ

Personalized attention and sound guidance for discharging debt

After 25 years of practicing law in Wayne, we know what a perfect town this is to live in or do business. But when you’re being crushed by debt, even a perfect place can become utterly miserable. If a combination of bad luck and poor choices has put you on the brink and you’re afraid of everything you stand to lose, it’s time to visit the Law Offices of James C. Zimmermann and discuss your legal options. We know it’s difficult to contemplate bankruptcy, especially when you’re surrounded by the apparent wealth of a comfortable suburb. But the reality is that many of your neighbors have struggled with the same issues. We know, because we’ve helped them. Offering sound guidance based on decades of experience, we’ve helped people just like you focus on reality and take decisive steps to give themselves and their children a better future.

The right bankruptcy solution for your specific circumstances

In general, bankruptcy is appropriate when you’ve reached a point where you cannot reasonably be expected to repay what you owe. Of course, what is reasonable depends on many factors: the amount you owe, the type of debt you owe, the interest rates on your debt, your income, your health and your household expenses. Because these factors are personal to you, you need a personalized plan for debt resolution. That’s why you should choose an attorney who provides personalized legal service and is committed to pursuing the best course for you.

At the Law Offices of James C. Zimmerman, we have extensive experience with various types of bankruptcy filings, such as:

  • Chapter 7 — Known as dissolution bankruptcy, Chapter 7 allows consumers to quickly discharge qualifying debt and get a fresh start. This requires you to surrender certain property to the bankruptcy court so it can be sold to partially repay your creditors, but the law also allows you to exempt and retain certain amounts of various types of property.
  • Chapter 13 — For consumers who want to hold onto assets, such as their home or vehicle, Chapter 13 provides a way to reorganize their debt, repay a portion over time from their disposable income, and discharge the remaining qualifying debt after three or five years.
  • Chapter 11 — If your business is strapped with debt, Chapter 11 allows you to reorganize, repay part of what you owe from available assets, and discharge eligible debt. During the bankruptcy process, you’re protected from creditors, so you can keep operating.

Bankruptcy is not for everyone. Some debtors can benefit from loan workouts or home refinancing, although it’s sometimes hard to negotiate unless a creditor believes you are seriously considering bankruptcy. One tremendous benefit from bankruptcy is the automatic stay. This is a court order that prohibits creditors from contacting you in an attempt to collect.

If you’ve been bothered by collection calls, we can evaluate whether your creditors have violated your rights under the federal Fair Debt Collection Practices Act. Under certain circumstances, you can sue for creditor harassment and collect monetary damages from abusive collectors.

Get the personalized bankruptcy help you need in Wayne, NJ

If you’ve lived too long under a mountain of debt, it’s time to get reliable legal advice from an experienced bankruptcy lawyer. The Law Offices of James C. Zimmermann can help you get the fresh start you need. To schedule a free consultation, call us at 973-764-1633 or contact us online. Our Wayne, NJ office is conveniently located right off Route 202, next to Veterans’ Alliance Park.

Law Offices of James C. Zimmermann
73 Mountainview Blvd
Wayne, NJ 07470
(973) 764-1347