Bankruptcy Attorneys in Evesham, NJ, Providing Effective Debt Solutions in Burlington County and Throughout New Jersey
Are you avoiding phone calls because you know it's another debt collector? Is your business struggling to pay suppliers?
Our Evesham bankruptcy lawyers help people and businesses who feel trapped by debt find a way out.
Financial difficulties can happen to anyone at any time. A serious injury, company layoffs, or a major customer backing out can turn years of stability into panic.
Bankruptcy might be the path forward you need.
Bankruptcy can eliminate overwhelming debt, stop wage garnishments, and give you the protection you need to start over. We know Evesham's legal system and will guide you through every step of the bankruptcy process.
Don't let debt control your decisions any longer. Contact us today for a consultation and take the first step toward getting your life back.
What Are Your Bankruptcy Options in Evesham Township?
There are three main ways the bankruptcy law helps people get out of debt.
Each way works best for different financial situations. So, picking the right one depends completely on your situation.
Chapter 7 Bankruptcy: Discharge Unsecured Debt
If you're struggling with credit cards, medical bills, or personal loans, Chapter 7 might be your fastest route to relief.
Chapter 7 typically eliminates most unsecured debts within four to six months, allowing you to start fresh without years of repayment. A court appoints a trustee to review your income and assets. If you pass the means test, you qualify for Chapter 7. And you can usually keep your essential property while discharging debt that might otherwise take decades to pay off.
Most people who qualify for Chapter 7 earn less than the median income of the state. For instance, an Evesham Township family of two earning under $102,903 will meet the requirement.
Chapter 7 is especially helpful for those who've:
- Lost jobs
- Experienced medical emergencies
- Gone through a divorce
Chapter 7 offers a second chance in case of life events that often leave people buried in debt.
Chapter 11 Bankruptcy: A Strategy to Resolve Business Debt Problems
Chapter 11 is designed for profitable businesses that need relief from overwhelming debt but want to keep operating.
Rather than liquidating assets, you restructure your debt under court supervision, giving your business the chance to recover and grow. You renegotiate terms with creditors. That might mean:
- Reducing rent
- Extending loan payments
- Canceling contracts that are draining your finances
Chapter 11 is commonly used by restaurants facing high rent, manufacturers hit by supply chain issues, and retail stores navigating economic downturns.
While the Chapter 11 process typically takes time, it allows you to stay operational.
Chapter 13 Bankruptcy: A Strategy to Resolve Personal Debt Problems
Chapter 13 creates a realistic, court-approved repayment plan that spans three to five years.
Instead of wiping out your debt all at once, you pay what you can afford each month. And whatever remains at the end is discharged.
Chapter 13 is ideal for people with steady income who want to protect their home from foreclosure, catch up on car payments, or manage debts without losing valuable assets.
In fact, many Chapter 13 filers are homeowners trying to stop foreclosure or working professionals who simply got in over their heads.
For instance, an Evesham Township real estate agent earning $100,000 might use Chapter 13 to regain control without sacrificing their home or car.
If you're unsure which chapter is right for you, fill out our contact form. Our bankruptcy attorneys in Evesham, NJ, are here to help you explore the path that makes the most sense for your situation.
Advantages of Pursuing Bankruptcy in Evesham
Immediate Halt to Creditor Actions
One of the most immediate benefits of filing for bankruptcy is the automatic stay.
The moment your case is filed, the law halts all collection activity. Creditors must stop calling, suing, garnishing wages, or repossessing property.
An automatic stay gives you the breathing room you need to focus on rebuilding your finances.
Debt Forgiveness
Chapter 7 eliminates most unsecured debts, including:
- Medical bills
- Credit card balances
- Personal loans used to cover everyday expenses
Meanwhile, Chapters 11 and 13 allow you to reduce your monthly payments through a court-approved plan. Once you complete the plan, the remaining eligible debt is discharged, giving you a clean slate to move forward.
Safeguard Your Home
Although New Jersey doesn't offer a state-level homestead exemption, you can still protect your home through the federal exemption. Federal exemption lets you safeguard up to $31,575 in home equity.
If you’re filing jointly with your spouse and co-own the home, you can double that protection, up to $63,150 in equity. In other words, bankruptcy doesn’t automatically mean losing your home.
With the right strategy, you can keep what matters most.
How Our Evesham Bankruptcy Lawyers Help You and Your Business Get Rid of Debt and Start Fresh
Filing for bankruptcy isn’t just about paperwork.
It’s a legal process with federal court, strict deadlines, and critical decisions. One small mistake can delay your case or cost you valuable assets. That’s why we’re here to guide you every step of the way.
Step 1: Assessing Your Situation and Developing a Plan
We begin by reviewing your financial situation:
- Your debts
- Your income
- Your assets
From there, we determine which bankruptcy chapter best fits your needs. We’ll also identify which debts can be wiped out and what property you can keep.
Step 2: Document Compilation and Submission
Once we’ve built your strategy, we prepare all the necessary forms, gather supporting documents, and file your petition with the Burlington County bankruptcy court.
Our job is to make sure everything is accurate and submitted on time.
Step 3: Activating Automatic Stay Protection from Creditors
As soon as we file your case, we notify your creditors and enforce the automatic stay.
If any creditor continues to harass you or attempts collection, we step in and take legal action to protect your rights.
Step 4: The Creditor Conference (341 Meeting)
We help you prepare for the 341 creditors meeting, where the court-appointed trustee will review your case.
Our bankruptcy attorneys in Evesham, NJ, attend alongside you, answer questions on your behalf, and ensure everything stays on track.
Step 5: Approval of Your Plan or Management of Assets
For Chapter 11 and Chapter 13 cases, we help you craft a repayment plan that meets court approval and works within your budget.
For Chapter 7, we work to protect your exempt assets during the trustee’s review process.
Step 6: Debt Release and New Beginning
Once you’ve met all the legal requirements, we ensure your case concludes with a formal discharge. This final step clears your eligible debts, giving you a real chance to start over financially.
Ready to take the first step? Contact us today to start your journey toward financial freedom.
Why People and Businesses Trust Our Evesham Bankruptcy Lawyers for Debt Solutions
When you’re overwhelmed by debt, you need more than just legal help. You need someone who truly understands the fear, frustration, and sleepless nights that come with financial crisis.
At our firm, that empathy starts at the top. Our founder, Howard N. Sobel, entered the bankruptcy law for two reasons that still guide everything we do today:
- He genuinely wants to help people get through their toughest money problems.
- He has a passion for standing up for clients in court.
Decades of Local Experience
Since 1980, we’ve helped many people and businesses across Evesham Township get their finances back on track. That’s over 40 years of hands-on experience with every kind of debt scenario—whether it’s crushing medical bills from a sudden illness or a business struggling through an economic downturn.
This depth of experience means we can spot problems and guide you toward practical, lasting solutions.
Bankruptcy laws are complex, and creditors often have experienced attorneys working to protect their interests. That’s why you need someone in your corner who not only understands the law but knows how to fight back. When trustees challenge your exemptions or creditors object to your discharge, we step in prepared and persistent.
We don’t just fill out forms. We fight for your future.
A Reputation You Can Rely On
- Howard N. Sobel has been named a New Jersey Super Lawyer every year since 2010.
- Howard N. Sobel has been recognized as a Top Attorney by SJ Magazine on multiple occasions.
- South Jersey Magazine has listed Howard N. Sobel as an Awesome Attorney every year since 2011.
From family farms to media companies, we’ve helped clients across a wide range of industries. We know every client’s situation is different, so we never take a one-size-fits-all approach. Instead, we craft personalized legal strategies that fit your goals, your challenges, and your future.
We’ve guided thousands of people and business owners through bankruptcy, and we’ve watched them rebuild, recover, and thrive. We’d love to help you do the same.
Fill out our contact form to discover how our bankruptcy attorneys in Evesham, NJ, can help you take back control of your financial life.
Contact Our Evesham Bankruptcy Lawyers at the Law Offices of Howard N. Sobel for a Free Case Review
We understand what you might be going through. The stress of telling your family you can’t afford holiday gifts. The fear of losing a business you’ve poured your life savings into.
Our Evesham bankruptcy lawyers have dedicated their careers to helping people just like you find real, lasting solutions. We’re here to listen without judgment, guide you with clarity, and fight to give you the fresh start you deserve.
For help from bankruptcy lawyers in Evesham Township, contact Law Offices of Howard N. Sobel online or call 856-746-4150 today.