Law Offices of Terrence Fantauzzi
A Bankruptcy Attorney Who’s on Your Side
About Us
An Experienced Bankruptcy Attorney You Can Count On
A successful bankruptcy filing could halt all current and future collection efforts and result in the discharge of most forms of debt. A bankruptcy lawyer could guide you through the debt relief process. Reach out to a dedicated attorney to learn more about your bankruptcy options.
Practice Areas
Bankruptcy Protections for Individuals and Couples
Personal debt can place a significant strain on individuals and couples. Falling behind on bills can result in ceaseless collection calls, threats of lawsuits, and even wage garnishments. Fortunately, it is possible to apply for a discharge of many forms of debt through a bankruptcy petition. There are two main forms of bankruptcy that individuals and couples use—Chapter 7 and Chapter 13.
A Chapter 7 bankruptcy is available to most petitioners. In this form of debt relief, the court may order the liquidation of some assets to pay creditors. Even so, petitioners have the option to claim certain assets as exempt from this process.
Under a Chapter 13 bankruptcy petition, the court will approve a payment plan that the petitioner will pay into every month. After completing this plan, the eligible debts listed on the petition may disappear. A dedicated attorney could help individuals and couples pursue debt relief through either of these forms of bankruptcy.
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Bankruptcy News
What Happens to Co-Signers When You File for Bankruptcy?
When you’re facing unmanageable debt, bankruptcy may be the best way to protect your finances, stop collection attempts, and get a fresh start. But if someone co-signed for your loan—a friend, family member, or business partner—you may be worried about what happens to...
Learn What Bankruptcy Means for Retirement Accounts, 401(k)s, and Pensions
When people consider filing for bankruptcy, one of the first questions they often ask is, “Will I lose my retirement savings?” The good news is that in most cases, retirement accounts such as 401(k)s, IRAs, and pensions are protected under federal law. Bankruptcy...
Bankruptcy and Divorce: What to Know When Both Happen at the Same Time
Divorce is emotionally and financially stressful on its own. But when combined with overwhelming debt, it can become even more complicated. Many people facing divorce also struggle with credit card debt, personal loans, medical bills, and even mortgage delinquency. In...
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