Bankruptcy

Bergen County Bankruptcy Attorney

Representing NJ Clients Facing All Bankruptcy Matters.

People and businesses who face dire financial situations may have to consider filing for bankruptcy. Though it may be difficult to consider, bankruptcy is not a punishment and does not come with the stigma it once had. Simply put, bankruptcy functions to right one’s financial ship. With the right attorney, you can successfully navigate the process and, in the future, recover and establish good credit once again. Your bankruptcy options depend greatly on your financial situation. If you need quality legal support through the bankruptcy process, contact The Radol Law Firm to discuss your financial situation and the road to recovery.

Types of Bankruptcy

Many people can find themselves in a dire financial situation. Families, individuals, and businesses face the reality that mounting bills and debt are too overwhelming to overcome. Though many shy away from the idea of bankruptcy, it is a way to get back on track and become financially stable again. Though it has its effects, bankruptcy can help a person work to regain good credit and a business work to recover and make a profit again. Knowing what type of bankruptcy may be right for you can make a difference. More

Declaring Bankruptcy

Millions of people find themselves in terrible financial situations. Though some can recover, others are not so fortunate and need the help of the government’s intervention to rebound. Bankruptcy is a mechanism that helps people is dire financial situations recover from overwhelming debt and bills, wiping the slate clean and providing them the means to, one day, build good credit once again. Declaring for bankruptcy may be an important step. More

Business Debt Restructuring

It can be tempting to seek the protection of bankruptcy when your business problems are taking its toll. When you are struggling to keep your business afloat, it is difficult to pause, take a breath, and carefully evaluate all your options. Bankruptcy may not be the best solution for your troubled business. You may be able to restructure your business and debt by negotiating a private workout plan for your business debts, which can save you thousands of dollars in legal fees and provide you with more control than bankruptcy. More

Foreclosure and Bankruptcy

If you are facing foreclosure, it is recommended that you contact your bankruptcy attorney. Your house is in jeopardy. You need the legal support of an attorney to stop the process and protect your home or prolong the process while you assess your future. More

Loss Mitigation

In recognition of the mounting number of foreclosures on residential and commercial properties in the current unstable economy, the United States Bankruptcy Court for the District of New Jersey adopted a Loss Mitigation Program which became effective on August 1, 2011. The Loss Mitigation Program is designed to function as a forum for debtors and lenders to reach a consensual resolution when a debtors residential property is at risk of foreclosure. More

Bankruptcy FAQs

People who may need to file for bankruptcy often have a lot of questions. No one takes bankruptcy lightly and having the right information can ease one’s stress and help them become educated. Facing an uncertain future can be overwhelming. The Radol Law Firm is ready to guide you through your legal matter. More