bankruptcy attorney

Can I defer Chapter 13 bankruptcy payments?

Key takeaways

  • Some Chapter 13 bankruptcy payments may be changed or suspended depending on the details of your case.

  • You may be able to consolidate payments or adjust the amount you pay in order to make your Chapter 13 payments more affordable. Deferment is another option.

  • Other options include asking for a hardship discharge, changing to Chapter 7 bankruptcy or dismissing and refiling your case.

  • Consult a bankruptcy attorney or trustee to find out if you are eligible to modify or suspend your payments.

If you find yourself in a situation where you’re unable to keep up with Chapter 13 bankruptcy payments, it may be possible to have the payments deferred or even have the repayment plan modified.

Deferrals are a temporary solution for those experiencing unexpected or sudden financial challenges. Typically, payments can be put off for a month or two. After that, you may need to consider requesting a modification to your repayment plan or switching to Chapter 7 bankruptcy. Here’s how to decide if deferring Chapter 13 payments is right for you.

What if I can’t make the payments on my Chapter 13 plan?

One of the most common questions people in debt ask

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December 8, 2023 by ATTORNEY

Bankruptcy Attorney Daniel Straffi Announces Service Area Expansion in Brick Township

Brick Township, New Jersey is set to see an expansion of service from renowned bankruptcy attorney Daniel Straffi of Straffi & Straffi Attorneys at Law. This expansion comes as a part of Straffi’s ongoing commitment to assist the community in navigating complex legal matters.

Nestled in the heart of Ocean County, Brick Township, New Jersey, is known for its rich history, unique geography, and myriad of attractions. It is a thriving community that boasts a diverse range of recreational amenities and cultural sites. Among them is the serene Brick Reservoir, a tranquil retreat for nature lovers and an important resource for the community’s water supply.

“In light of recent economic circumstances, it’s become clear that the firm’s services are needed in more areas of Brick Township, New Jersey,” said Daniel Straffi. The attorney did not offer further details about the planned expansion, yet emphasized the team’s commitment to serving the community.

Brick Township is a vibrant locale with an array of attractions that cater to a wide range of interests. Among them is Windward Beach Park, a riverside haven that hosts the popular SummerFest series and offers a sandy beach area, playgrounds, and picnic spots. It’s a beloved location for

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December 5, 2023 by ATTORNEY

5 ‘must-haves’ to finding a bankruptcy lawyer

Key takeaways

  • When seeking a lawyer to guide you through the bankruptcy process, it is crucial to choose a specialist in bankruptcy law.

  • Opt for a bankruptcy attorney with local expertise, well-versed in both bankruptcy laws and the specific procedures of the local court where your case will be filed.

  • Choose a bankruptcy attorney who provides personalized service, listens to your specific case details and makes you feel comfortable.

  • Avoid ‘bankruptcy mills’ and non-attorney petition preparers and prioritize a lawyer who understands your situation.

If you are considering filing for bankruptcy, your best bet for a successful outcome is to choose a good bankruptcy lawyer. Although it is possible to file for bankruptcy on your own without hiring an attorney, it is not advisable to do so. Obtaining the help of a specialist who is experienced and can offer expertise in both federal and local law is essential, as they will be able to provide you with personalized service for your case and provide the comfort and familiarity needed to get through this challenging process.

1. Look for a specialist

Lawyers practice in multiple areas and your best bet would be to go with someone who specializes in bankruptcy

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December 1, 2023 by ATTORNEY

Bankruptcy Attorney Daniel Straffi Announces Plans to Expand Service Area in Lakehurst, New Jersey

Bankruptcy attorney Daniel Straffi of Straffi & Straffi Attorneys at Law has announced plans to expand their area of service to additional neighborhoods in Lakehurst, New Jersey. This expansion indicates a significant step in the firm’s commitment to providing comprehensive legal support to more residents within the borough.

Located in Ocean County, Lakehurst, New Jersey, is a community steeped in history and natural beauty. The small borough, known for its rich culture and geographic features, will be the focus of Straffi’s expansion plans. With its idyllic setting and unique attractions, Lakehurst’s neighborhoods represent an opportunity to bring legal services closer to the residents.

“Lakehurst, New Jersey is a wonderful community known for its commitment and resilience,” Straffi said. “The firm is excited about the opportunity to provide more residents with the legal support they require.”

Lakehurst is renowned for its Historical Museum, which acts as a treasure trove of local history. The museum, located in the heart of the borough, offers an educational experience that reveals the layers of stories this town holds. It provides insights into the infamous Hindenburg disaster, a significant event in the town’s history that is etched in the memories of the residents.

Besides its

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November 27, 2023 by ATTORNEY

Local Bankruptcy Attorney Weighs in on Student Loan Payments Restarting | News

Options For Student Loan Repayments

UTICA, N.Y. — 40 million.

That’s the number of Americans with student loan debt.

For some, that debt is in the thousands.

For others, it could approach a quarter of a million dollars.

During the pandemic, payments were passed by both the Trump and Biden administrations.

That pause expired in August after congress passed a provision in the debt ceiling bill that said the president could not extend the pause without an act of Congress.

This meant interest restarted on loans last month, and payments this month.

It’s an issue that bankruptcy attorney David Gruenwald sees every day.

Student loan debt is a big problem, and with the push for repayment, that could put extra pressure on households.

For some, the pressure could mean making tough decision to make those payments.

But there are options available for people struggling to make payments.

The Biden Administration recently launched the save program, which reduces payments based on a person’s income.

One lesser-known option, bankruptcy.

“The thing I want people to know is that it’s not entirely true, there’s that rumor, you can’t get rid of student loan debt through bankruptcy. That’s not entirely

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October 13, 2023 by ATTORNEY
December 2023
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