Gloucester County Bankruptcy
Gloucester County has been hit hard by the economy which has left many jobless, many on unemployment, and many under-employed or facing hours that have been critically cut. With the hardships the people of Gloucester County are facing, they are turning to bankruptcy as a way out of their financial stress.
Many are losing their homes and can file a Chapter 13 to put the arrears in a repayment plan, forcing the mortgage company to take payments and to wait 5 years, through the Chapter 13 plan to be paid back for the arrears.
Although bankruptcy cannot modify a mortgage in most cases since many homes have lost all or most of their equity, we can stip down or get rid of a second or third mortgage. This has helped the people who live in Gloucester County to save their homes because they only now have to pay on their first mortgage.
Also, many people have had to rely on their credit cards for survival. With inflation so high, gas prices so high, the cost of food so high, it is impossible for most not to depend on their credit cards. In many cases we can just get rid of the credit card debt through a Chapter 7 bankruptcy. This enables clients to keep current on what is important like their home and car payments.
Many consolidation companies try to scare people away from filing bankruptcy by building a fortress of lies by their advertising and messages to people who are trying their best to figure out the best way out of debt. These companies bash bankruptcy because they are funded by the credit card industry and don’t really care about you. What is a fact is that bankruptcy does not hurt your credit, will not hurt it in any way, and in fact, repairs credit since your score is bases on your debt verses your available credit. It does not matter if you paid the debt, got your Aunt Esther to pay the debt or filed a bankruptcy and just got rid of it. Your credit report is not marked like school work is marked by teachers. Information is fed to Credco which in turns rates your credit. It is your debt verves your available credit, not whether your filed a bankruptcy to get rid of it or you paid it off or you robbed a bank to get rid of it. And we certainly don’t want anyone doing that!
So call us today for free bankruptcy information and we can explain your options. We filed many bankruptcies for the good people who live in Gloucester County and work hard and were taught to pay their bills. But forget what we have been taught. The banks are bloated with money right now and when you file bankruptcy and get rid of your debt, the banks are there for handouts and are paid back. They have been helped greatly by the stimulus package but not you. So don’t hesitate to call and let us help you. Office of Lee Abt Phone: 856-914-5100. Call today and don’t lose another night sleep!
The areas of Gloucester County that we service are:
|
Mullica Hill |
Pitman |
Wenonah |
Call us now to discuss your Gloucester County Bankruptcy options
at (856) 914-5100.
We look forward to speaking with you.