Chapter 7 Bankruptcy Attorneys

The true functionality of Chapter 7 bankruptcy is to provide financially overwhelmed individuals with the opportunity for a fresh start. Even so, there are many myths and misnomers associated with the bankruptcy process. Navigating this process without the help of an experienced lawyer can ultimately lead to unnecessary high levels of stress and confusion.

At Bastarrika, Soto, Gonzalez & Somohano, LLP, our attorneys have decades of experience helping a vast array of individuals as they seek the debt relief they need to build toward a more stable financial future.

Chapter 7 eliminates your responsibility to pay off any of your unsecured debt. Unsecured debt is designated as any asset that does not have collateral attached to it. These items often include:

  • Credit card debt
  • Medical bills
  • Utility bills
  • Payday loans and personal loans

Many of our clients worry about losing their homes or their cars. While these items are not considered unsecured debt, and you will need to continue making payments or your home or car could be repossessed, oftentimes the relief that accompanies dissolving your responsibility to pay off your unsecured debt gives you the ability to continue making payments.

We will help you understand this process in a clear and practical manner. By giving you the information you need to make intelligent choices about your future, we are empowering you to take control of what you once struggled to navigate. It is easy to get confused when filing for bankruptcy, so one of our top priorities is to make sure you have a clear understanding of how it will affect both your short-term and long-term goals.

Contact Bastarrika, Soto, Gonzalez & Somohano, LLP

To learn more about how our Passaic County and Bergen County Chapter 7 bankruptcy lawyers can help, call 201-212-4572, or email us.