Top-Rated New Jersey Emergency Bankruptcy Lawyer - Daniel Straffi

From Straffi & Straffi Attorneys at Law – Top-Rated New Jersey Emergency Bankruptcy Lawyer outlines the crucial steps and protections offered by emergency bankruptcy filings for individuals and businesses facing urgent financial threats. This episode explores the role of Straffi & Straffi in helping New Jersey residents navigate time-sensitive legal situations like foreclosure, repossession, wage garnishment, or lawsuits from creditors.

Listeners will gain a clear understanding of emergency bankruptcy—often referred to as "skeleton" bankruptcy—and how it triggers an automatic stay to halt creditor actions. The episode explains the differences between Chapter 7 liquidation and Chapter 13 reorganization, and what the eligibility requirements look like, including income thresholds and debt caps set by 11 U.S.C. §109(e). Whether you're dealing with secured or unsecured debt, this conversation dives into the legal framework and the relief an emergency filing can provide.

We also walk through the filing process in New Jersey, including what forms are needed, such as the Voluntary Petition, Creditor Matrix, and Statement About Your Social Security Numbers. The discussion also touches on the importance of attending the 341 Meeting of Creditors and what limitations exist on the automatic stay—especially in cases involving eviction, criminal matters, or prior dismissals. Daniel Straffi, Jr.'s experience as Co-Chair of the Ocean County Bankruptcy Panel adds weight to the guidance shared throughout the episode.

Finally, the episode looks at the long-term implications of bankruptcy, including its impact on credit scores, loan eligibility, and employment. With advice on rebuilding credit, maintaining a healthy financial plan, and meeting counseling and education requirements, Straffi & Straffi Attorneys at Law empowers individuals to move forward confidently. Tune in to learn how this trusted New Jersey law firm offers urgent relief and ongoing legal support through every stage of the bankruptcy process.

Straffi & Straffi Attorneys at Law

670 Commons Way, Toms River, NJ 08755, United States

(732) 341-3800

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