Bankruptcy lawyer Daniel Straffi of Straffi & Straffi Attorneys at Law has recently published an insightful article that delves into the complexities of bankruptcy law in New Jersey. The piece offers an in-depth understanding of these laws and aims to help individuals and businesses navigate the arduous process of bankruptcy.
In the opening paragraphs, the bankruptcy lawyer establishes the firm's commitment to providing compassionate, diligent, and honest services to all clients. Emphasizing the firm's down-to-earth approach, Straffi illustrates their readiness to assist clients with a myriad of legal counsel needs, including bankruptcy and family law issues, in Brick NJ, and Toms River NJ.
In the article, bankruptcy lawyer Daniel Straffi writes, "Individuals strive to prevent financial hardship throughout their lives. Unfortunately, despite their best intentions and meticulous planning, it is still possible for hard times to come without warning leading to overwhelming debts." He proceeds to discuss the intertwining complexities of bankruptcy and divorce, two of the most stressful events in a person's life.
Understanding the unique challenges that come with facing bankruptcy and family law issues concurrently, Straffi & Straffi have positioned themselves as a supportive and friendly resource for their clients. "Our team of attorneys is ready to help you reach your goals and assist you with your future plans," remarks Daniel Straffi.
Delving into the technical details of bankruptcy law, Straffi explains the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy, along with the process of filing for bankruptcy in New Jersey. He breaks down the associated costs and requirements, such as mandatory credit counseling and filing fees.
Discussing debt relief options, Straffi highlights various routes like debt settlements that can be pursued before considering bankruptcy. He stresses, "It's important to explore all avenues of debt relief before making the decision to file for bankruptcy."
On the topic of professional fees related to bankruptcy, Straffi highlights the importance of court authorization before hiring professionals such as accountants, appraisers, auctioneers, and special counsel. He notes, "The bankruptcy court will have to approve the professional’s fees before a debtor pays them," referring to this process as the 'fee application'.
Moreover, the article sheds light on how lawsuits brought by creditors can be discharged in bankruptcy. Straffi underlines that certain debts are non-dischargeable, but many unsecured debts, like credit card debt and medical bills, can be discharged, providing significant relief to debtors.
As a final note, the article encourages those considering bankruptcy to reach out to a bankruptcy lawyer to guide them through the process. Straffi & Straffi offer a free consultation and are prepared to provide alternatives that may better suit a client's situation.
Highlighting the importance of seeking legal advice, Straffi states, "If you are struggling with debt, we may be able to provide you with the legal advice and representation you need. We have helped many families and businesses in New Jersey’s Ocean County, Monmouth County, and beyond start anew. We may be able to help with your case, too."
In that light, individuals and businesses grappling with the complex web of bankruptcy law are encouraged to read Straffi's article and reach out to Straffi & Straffi Attorneys at Law for further assistance.
About Straffi & Straffi Attorneys at Law:
Straffi & Straffi is a law firm based in New Jersey, run by father and son, Daniel Straffi Sr. and Daniel Straffi Jr. With a combined experience of forty years, they have been serving Central and Southern New Jersey, widely experienced in bankruptcy law and family law. Their commitment to compassion, diligence, honesty, and friendliness sets them apart, with their client-first approach at the heart of their practice.
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Email: familyclient@straffilaw.com
Website: https://www.straffilaw.com/
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Company Name: Straffi & Straffi Attorneys at Law
Contact Person: Daniel Straffi
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Phone: (732) 3413-800
Address:670 Commons Way
City: Toms River
State: New Jersey 08755
Country: United States
Website: https://www.straffilaw.com/
