Bankruptcy

When Bad Things Happen to Good People...

New Jersey Chapter 7 and 13 Bankruptcy Attorneys

Toll-Free: 1-800-453-1122

Bankruptcy provides a solution to overwhelming debt from credit cards, medical bills, bank loans and other creditors. The Englewood, New Jersey bankruptcy attorneys at the law firm of Klein & Radol, LLC represent individuals, small businesses, and creditors in bankruptcy and debt negotiation.

Roger Radol has practiced law in New Jersey for over 21 years. He represents clients throughout Bergen County, northern New Jersey, Pennsylvania and New York. He utilizes his vast business experience in assisting to resolve many bankruptcy issues. The firm of Klein & Radol, LLC is certified by the AARP Legal Services Network.

Personal Bankruptcy

Chapter 7 bankruptcy enables honest consumers who are in deep financial trouble to wipe out their debts and start over. Most people seeking Chapter 7 relief still qualify despite recent changes in the law. Those changes were intended to prevent abuse of bankruptcy laws by high-income individuals, and to address predatory lending by credit card companies.

• In Chapter 7 bankruptcy, you may be able to keep your home, cars and most possessions. Some debts, such as student loans, child support and recent taxes, cannot be discharged. Contact Mr. Radol for a free consultation to discuss a Chapter 7 petition.
  
  
• Chapter 13 bankruptcy, also called reorganization of debt or a “wage earner plan,” requires the debtor to pay back a portion determined (often a small percentage) of the debts over 3 to 5 years. The remaining debt is forgiven if the person has made payments. Chapter 13 is often used to protect a home from foreclosure. In certain circumstances we can modify or eliminate second and third mortgages, which is commonly called strip down or cram down.

Debt Negotiation

Some people wish to stay out of bankruptcy court, yet struggle with major debt. Klein & Radol, LLC can negotiate directly with credit card companies, banks, businesses or creditors. Our New Jersey bankruptcy attorneys have arranged for clients to pay as low as 40 percent to satisfy the debt. Creditors would rather get something than have the debt discharged in bankruptcy, and the debtors clear a debt without severe damage to their credit rating.

Business Debtors

Klein & Radol, LLC represents small businesses in New Jersey, New York, and Pennsylvania in filing for Chapter 11 bankruptcy to liquidate assets for creditors. Our attorneys also represent businesses in negotiating workouts and debt restructuring to avoid or eliminate liens, repay debts, and enable the business to recover and continue operating.

Adversarial Proceedings

Our lawyers aggressively pursue and defend both creditors’ and debtors’ rights.

Creditor Representation

Our lawyers represent banks and commercial creditors in maximizing their return on past due accounts, through adversary proceedings, negotiation or restructuring of debts, filing of liens, and asserting priority rights in bankruptcy actions.

Contact a New Jersey Chapter 7 bankruptcy attorney who is experienced in all aspects of debtor and creditor law in New Jersey and Pennsylvania. We offer free consultations, including evenings and weekends by appointment.

Bergen County Bankruptcy Court Lawyer
New Jersey Chapter 7 Bankruptcy Attorney

New Jersey chapter 7 bankruptcy attorney providing chapter 7 bankruptcy, chapter 13 bankruptcy, predatory lending, bankruptcy court, personal bankruptcy, and chapter 11 bankruptcy legal services throughout New Jersey.