Will I Lose All My Assets if I File for Bankruptcy?

If you are struggling financially, bankruptcy may be a way for you to obtain a fresh start and get out from underneath your debt. At Markowitz O'Donnell, LLP, our well-respected bankruptcy lawyers have helped numerous individuals and businesses through the bankruptcy process. We have the skill required to help you keep as much property as legally possible.

If you are looking for affordable solutions to relieve you of your debt, we can help. Contact our firm today to learn what you can keep in bankruptcy.

Protecting Your Assets, Eliminating Your Debts

There are certain exemptions allowed in the Bankruptcy Code, but these exemptions differ from state to state. New Jersey exemptions even differ from the property exemptions allowed for under federal law. It takes a knowledgeable bankruptcy attorney to properly plan your filing in order for you to keep the most property, including:

  • Your home
  • Your car
  • Certain household goods
  • Retirement funds
  • Clothes
  • Jewelry
  • Public benefits

New Jersey state law does not currently provide for a home or car exemption. This makes it critical to speak with a skilled exemption lawyer to find out what options would work best for your unique situation.

Guiding You Through All of Your Options

You can rely on us to answer all of your bankruptcy questions and put any bankruptcy myths to bed. We are knowledgeable in all available debt relief paths offered by the Bankruptcy Code. No matter what your financial situation calls for, our proven team will protect your property interests at all corners.

Contact Us to Discuss Your Situation

If you are facing a bankruptcy problem, we are here to help. Contact our firm today at 609-482-3138 or 866-437-1189 to speak with our lawyers about your options. Located in Lawrenceville, we serve clients throughout New Jersey.