Do you want creditor harassment to stop? Do you want to save your home from foreclosure? Would you like a fresh start in life? If you are overwhelmed by debt, an experienced bankruptcy lawyer may be the person you need to get your life back on track.
At the Law Office of Chad M Sherwood, LLC, in Pleasantville, New Jersey, we assist individuals, small businesses and corporations throughout the Atlantic City area, helping them eliminate debts and restructure their finances through the process of bankruptcy.
In doing so, we shield our clients from home foreclosures and property repossessions, wage garnishments and bank levies, and other negative effects of unmanageable debts. Our founding attorney, Chad M Sherwood, has represented clients in a wide variety of debt issues. He can help you to regain control of your finances and regain your peace of mind.
Stop Creditor Harassment · Avoid Foreclosure · Keep Your Important Possessions
Getting out of debt can be easier and cheaper than you think. If you have significant debts and do not expect to be able to repay them, bankruptcy may be right for you. Our law office assists consumer and business clients to eliminate debts using the following bankruptcy options:
- Chapter 7 bankruptcy. Also known as liquidation bankruptcy, Chapter 7 eliminates most filers' debts within a few months, but requires them to give up assets and property to creditors as payment. It also temporarily lowers the filer's credit rating.
- Chapter 11 bankruptcy. While many small-businesses owners are best served by Chapter 13, larger businesses and corporations may require a Chapter 11 bankruptcy to reorganize their finances. Chapter 11 bankruptcies are highly complicated; however, our experienced Chapter 11 bankruptcy attorney can ensure that all paperwork is completed and deadlines are met.
- Chapter 13 bankruptcy. Often called "reorganization" bankruptcy, Chapter 13 involves creating a financial reorganization plan by which the filer is expected to pay off debts in monthly increments over a three- to five-year period. Chapter 13 typically takes longer to complete and entails more requirements than Chapter 7; however, it is better if you have specific assets you wish to retain such as a home or assets related to a small business. If your loans are "under water," the cram down provisions of Chapter 13 can also eliminate a second mortgage or restructure your remaining car payments.
Can You Keep Your Property?
Federal and state laws exempt certain property from bankruptcy liquidation. These exemptions allow filers to keep certain items, including homes, vehicles, household goods and work tools, among others. Many exemptions are limited by dollar value, however. Our experienced bankruptcy attorney can review your assets and debts, and determine which items you will be able to keep if you decide a bankruptcy filing is right for you.
Questions about bankruptcy? Get answers by reading our FAQ.
Bankruptcy Done The Right Way
If you retain the Law Office of Chad M Sherwood, LLC, you will deal directly with our bankruptcy attorney, who will meet with you, discuss your circumstances and help you determine which bankruptcy option is right for you. Our rates are highly competitive, as is our service. For a free consultation, call 609-241-9377, 866-261-2421 toll free or fill our easy electronic form.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.