Bankruptcy law provides a legal way for individuals and businesses to find relief from overwhelming debt. This area of law encompasses various bankruptcy types, including Chapter 7, Chapter 11, and Chapter 13, each designed to address specific financial situations. Our goal is to help clients understand their options, whether they need personal debt relief or assistance with business restructuring, and support them through the process with clarity and compassion.
Whether you’re considering Chapter 7 to discharge debts or Chapter 13 for a manageable repayment plan, we provide clear guidance on the best path forward.
We work to help you retain essential assets, where possible, and explore every debt relief solution that could benefit you.
For business owners, we offer specialized support in Chapter 11 bankruptcy, helping your business restructure and find financial stability.
Individuals typically have access to Chapter 7 and Chapter 13 bankruptcy. Chapter 7 focuses on debt discharge, while Chapter 13 offers a structured repayment plan. We’ll help you determine the best option based on your circumstances.
Chapter 11 allows businesses to reorganize their debts and continue operations while repaying creditors over time. Our team will guide you through each stage to maximize your chances of successful reorganization.
Not necessarily. Bankruptcy law includes exemptions that may protect your home, car, and other essential assets. We’ll work with you to understand these protections and ensure your most important assets are safeguarded.
The timeline varies depending on the type of bankruptcy. Chapter 7 may take several months, while Chapter 13 and Chapter 11 can span several years. We’ll provide a clear timeline and regular updates throughout the process.
Debt negotiation, debt consolidation, state court insolvency proceedings, and foreclosure defense are possible alternatives. We can help you explore these options if bankruptcy isn’t the right choice for your situation.
We’re here to guide you through the complexities of bankruptcy law and provide the support you need to rebuild your financial future.
Phone: (908) 838-0543
Email: hryder@hkryderlaw.com
531 US Highway 22 East,
Suite 182 Whitehouse Station, NJ 08889-3695
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