Bankruptcy And Alternatives For Individuals And Businesses
If you are facing significant debt problems personally or as a business owner, it is easy to feel hopeless. You don’t know how to recover financially, yet you worry about the social stigma and embarrassment of filing for bankruptcy.
Thankfully, you do have options, and our firm can help you through this difficult time.
Norgaard, O’Boyle & Hannon, is proud to help individuals and businesses across New Jersey resolve debt problems through bankruptcy, debt settlements and repayment plans. We will work with you to determine all of your options and to decide which course of action is most appropriate. Through it all, we offer friendly, non-judgmental service.
Understanding What Type Of Debt Relief May Be Right For You
The bankruptcy code allows individuals and businesses to resolve their debt in numerous ways, including:
Chapter 7: Often called “liquidation” bankruptcy, Chapter 7 allows qualifying individuals to discharge most debts outright.
Chapter 13: Provides individuals and families the opportunity to reduce their debts and save their homes from foreclosure through court approved repayment plans.
Chapter 11: Often called “reorganization” bankruptcy, Chapter 11 is most often utilized by businesses and individuals owning businesses. It can be used to permit businesses to continue operations as they seek to restructure and repay debts.
We also work with reputable credit repair agencies to help you rebuild your credit after completing the bankruptcy process.
For more information about the bankruptcy process, visit our pages of frequently asked questions about personal bankruptcy and business bankruptcy.
Bankruptcy Alternatives: If you don’t qualify for bankruptcy or want to avoid the credit consequences of bankruptcy, we can also help you pursue alternatives. Our skilled attorneys can negotiate settlements and repayment plans with creditors on your behalf.
Bankruptcy Representation For Lenders And Creditors
As a full-service firm, Norgaard, O’Boyle & Hannon, also represents mortgage holders, landlords, and other secured or unsecured creditors in bankruptcy cases. We know that creditors are not always familiar with bankruptcy cases and how to assert their rights against debtors and trustees in bankruptcy. Our skilled attorneys can guide you through the process and help to protect your interests, as well as seek maximum recoveries.
When representing creditors, our firm strives to protect the rights of our clients and seek maximum recovery on their claims while minimizing their expenses and risks.
For more information, visit our page on creditors’ rights.
Call Us Today For A Free Initial Consultation
Whether you are considering bankruptcy or are a lender/creditor to someone seeking bankruptcy, Norgaard, O’Boyle & Hannon, is ready to help. To take advantage of a free consultation, call our Englewood office at 201-871-1333 or our Ocean City office at (609-900-2747). You can also fill out our online contact form.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.