Bankruptcy in Red Bank – Will I Qualify?
Red Bank Chapter 7 Bankruptcy Attorney
Bankruptcy may have a number of key benefits to offer a Red Bank debtor, but you must qualify first. Interested in finding out more about Chapter 7 and Chapter 13 bankruptcy qualifications in New Jersey? Contact Law Office of Richard J. Pepsny, P.A. and you will have the opportunity to discuss your questions and concerns with a friendly, knowledgeable professional. From our offices in Red Bank, NJ, we represent debtors in bankruptcy filings throughout the surrounding areas, including in Eatontown, Fair Haven and Lincroft. We can help you determine whether you may qualify under Chapter 7, which will involve taking and passing the means test. Because every case is different, you can count on our focus on personal attention. A Red Bank bankruptcy lawyer at our firm will be happy to take the time to review your financial goals with you in order to help you make the right choice about your case.
There are a few factors that may be involved with qualifying for bankruptcy in Red Bank, New Jersey. For Chapter 7 bankruptcy, a Red Bank debtor must pass the means test. The first part of the test determines whether the debtor makes more or less than the median income in New Jersey. If the debtor makes less than the median, he or she has passed the test. If the Red Bank debtor makes more than the median, however, he or she must move on to the second part of the test. The second part of the test evaluates the debtor's disposable income to determine whether he or she has the "means" to pay creditors under a Chapter 13 payment plan. A Red Bank bankruptcy attorney at Law Office of Richard J. Pepsny, P.A. can help you with the means test and can also make sure you meet other filing requirements, such as completing credit counseling prior to filing your petition.
Contact a Red Bank bankruptcy lawyer today!
There is a difference between qualifying for bankruptcy and determining whether this is the right choice in the first place. At Law Office of Richard J. Pepsny, P.A., we recognize this difference. All of our Red Bank bankruptcy and debt relief services are tailored to suit each client's unique needs. If you are interested in learning more about bankruptcy qualifications, we can offer you information on this important topic. We can also take it a step further by providing you with insight regarding the advantages and disadvantages of Chapter 7 versus Chapter 13 bankruptcy as well as how it may affect you. Call an attorney at our Red Bank, New Jersey law firm at (888) 732-2137 if you have not worked with us in the past, or call us at (732) 842-8505 if you are an existing client. With honest answers to your questions and all of the information you need, you will be equipped to make the right choice and thus experience more of the benefits that bankruptcy has to offer.
Find out if you qualify – contact a Red Bank bankruptcy lawyer at Law Office of Richard J. Pepsny, P.A. today.