Skilled Debt Lawyer Explains the Difference Between Federal and New Jersey Exemptions During Bankruptcy

As a person filing for bankruptcy, you will likely have questions about the process, what you can keep and how bankruptcy will affect your life. You need guidance from a bankruptcy lawyer who will provide honest and straightforward answers to your questions.

I am bankruptcy lawyer Joel R. Spivack, and my entire law practice is dedicated to helping consumers with debt relief. As a highly experienced New Jersey bankruptcy exemptions attorney, I understand the importance of educating my clients about bankruptcy and providing strong advocacy. You can set your expectations high when you work with me.

Contact the Law Office of Joel R. Spivack for Information about Exemptions in Bankruptcy in Camden and Burlington Counties

Every state has unique rules about exemptions for Chapter 7 bankruptcy and Chapter 13 bankruptcy. In New Jersey, people filing for bankruptcy can choose from state exemptions or federal exemptions.

Nearly all of my clients choose to go with federal exemptions because of the limitations of New Jersey exemptions. For example, New Jersey does not have a homestead exemption in bankruptcy. New Jersey exemptions do not allow you to protect as many of your assets as possible, so in most situations it is ideal to choose federal exemptions.

Exemptions are among the most important aspects of a bankruptcy. It is equally important to be educated about your options and your rights as a person who is planning to file. At my firm, I work directly with clients and walk them through the entire bankruptcy process. I am here to help you avoid pitfalls, protect your interests and help you get the financial freedom you need.

Contact a Federal Bankruptcy Exemption Attorney in Cherry Hill New Jersey

Have questions about bankruptcy? Contact my firm today to schedule a free, in-person consultation. Call 856-861-6203 or toll free 866-488-2196, or contact me online. My office is located in Cherry Hill, and my regular business hours are 8 a.m. to 5 p.m., Monday through Friday. Free parking is available.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.