Bankruptcy

New York and New Jersey Bankruptcy Attorney

Many people think that they can no longer file bankruptcy since the bankruptcy law changed in October of 2005. That is not true. The Kridel Law Group continues to file all types of bankruptcy, including:

  • Chapter 7 bankruptcy for individuals and businesses
  • Chapter 13 bankruptcy for individuals
  • Chapter 11 business reorganization for businesses

By filing for bankruptcy protection, our lawyers can put an immediate stop to home foreclosures, car repossession, wage garnishment, and threatening phone calls. By eliminating or reducing credit card debt, medical debt, payday loans, and other types of unsecured debt, filing bankruptcy can help you get back on your feet financially. Our lawyers also provide non-bankruptcy alternatives to help businesses and individuals resolve debt issues.

How the New Bankruptcy Law Affects You

Some people who have higher earnings will no longer be allowed to file Chapter 7 bankruptcy and will instead have to file for Chapter 13 Bankruptcy, which is essentially a debt repayment plan. All debtors will also be required to get credit counseling before they can file bankruptcy case.

The new bankruptcy law imposes new requirements on bankruptcy lawyers, and as a result many attorneys no longer provide bankruptcy services.

Experienced Bankruptcy Attorneys

The Kridel Law Group has represented individuals and commercial clients in bankruptcy proceedings for more than 30 years. Our attorneys are well-versed in all requirements of the new bankruptcy law.

Our attorneys are experienced in representing a broad range of clients, including debtors, creditors, lenders, creditors' committees, potential acquirers, investors, turnaround professionals and asset purchasers. We also advise financially troubled businesses and individuals.

If you need assistance with business or personal debt relief in New Jersey or New York, contact a bankruptcy attorney at The Kridel Law Group.

Our bankruptcy attorneys lawyers serve clients in New Jersey and New York, including Clifton, Paterson, Passaic, Totowa, Wayne, Little Falls, Hackensack, Paramus, Newark, Montclair, Nutley, Morristown, New York City, Manhattan, Brooklyn, the Bronx, and the counties of Bergen, Morris, Essex, and Passaic.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.