The law offices of Marvin Wolf has extensive experience in providing tailored advice, counsel and representation to consumers or businesses with debt problems. While on occasion we may represent creditors (usually when major debtor fraud is involved), our practice concentrates on debtors faced with loan and mortgage default issues and debt collection matters.
For foreclosure problems, we often attempt loan modification during a Chapter 13 bankruptcy filing in Federal Bankruptcy Court, rather than regular litigation in New Jersey State court. The advantage of this approach is that bankruptcy actually forces the creditor lender or bank to take ongoing payments so the debt does not continue to increase while attempting to work out a solution to catch up on payments over a five year period. We also have the ability to challenge amounts alleged to be due. By dealing with all debts, not just mortgage debts, at the same time, in one central court, restructuring and elimination of debt is not only possible, but backed up by a federal court order. This is accomplished on a cost-saving basis, as debts forgiven in bankruptcy court are usually free from taxation.
Call for an office consult today at (844) Marvin-1 to see what legal recourse you may have to deal with your debt problems in Sussex County, NJ. Your legal rights are time sensitive and are like a block of ice - if you sit on them, they melt away.