Monmouth County Debt Relief Attorney
In many cases, substantial debt relief may be available to an individual or a business upon the filing of a bankruptcy case. The common classifications of debt in bankruptcy are unsecured, secured, and priority; classification of debt determines how it will be treated under the bankruptcy laws. A thorough analysis of an individual or business’s financial circumstances will determine the extent of debt relief available.
Sometimes, bankruptcy is not the best solution although there may still be options for an individual or business who has unmanageable debt. It is important to meet with a bankruptcy attorney who will help decide which solution is appropriate for your situation.