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Top Oakland, NJ Bankruptcy Lawyers Near You

Bankruptcy Lawyers | Newark Office | Serving Oakland, NJ

24 Commerce St., Suite 530, Newark, NJ 07102

Bankruptcy Lawyers | Hasbrouck Heights Office | Serving Oakland, NJ

777 Terrace Avenue, Suite 201, Hasbrouck Heights, NJ 07604

Bankruptcy Lawyers | Florham Park Office | Serving Oakland, NJ

600 Campus Drive, Florham Park, NJ 07932

Bankruptcy Lawyers | Short Hills Office | Serving Oakland, NJ

51 John F. Kennedy Parkway, First Floor West, Short Hills, NJ 07078

Bankruptcy Lawyers | Newark Office | Serving Oakland, NJ

1037 Raymond Blvd, Suite 900, Newark, NJ 07102

Bankruptcy Lawyers | Newark Office | Serving Oakland, NJ

One Gateway Center, Suite 1510, Newark, NJ 07102

Bankruptcy Lawyers | Newark Office | Serving Oakland, NJ

1037 Raymond Blvd, Suite 1800, Newark, NJ 07102

Bankruptcy Lawyers | Paramus Office | Serving Oakland, NJ

140 E. Ridgewood Avenue, Suite 415, South Tower, Paramus, NJ 07652

Bankruptcy Lawyers | Ridgewood Office | Serving Oakland, NJ

4 East Ridgewood Avenue, Suite 2, Ridgewood, NJ 07450

Bankruptcy Lawyers | West Orange Office | Serving Oakland, NJ

29 Northfield Ave, West Orange, NJ 07052

Oakland Bankruptcy Information

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Lead Counsel Verified Attorneys In Oakland

Lead Counsel independently verifies Bankruptcy attorneys in Oakland and checks their standing with New Jersey bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
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State Required Disclosure: No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

What is bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What happens when I file for bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How much does it cost to file for bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How long does bankruptcy stay on your credit report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.
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