The decision to file bankruptcy is a difficult choice for many people to make.  Not only are you dealing with the stress and anxiety that naturally arises when you are facing insurmountable debt, but there is also the worry that bankruptcy will affect your credit for years after the debts are discharged.  Therefore, the decision must be made carefully.

Rosenberg & Weinberg's specialized focus on bankruptcy law ensures that you bankruptcy clients receive that highest quality legal advice and counsel that conforms to the highest ethical standards.

Bankruptcy is an option that can provide relief to a debtor whose debts have become overwhelming due to a second mortgage, unpaid income taxes, mortgage arrears, medical bills, job loss, changes in family status, or a catastrophic event.  Under the bankruptcy law, a debtor may eliminate many types of debt, including the second mortgage on your home.

If you liabilities have exceeded your assets and you are unable to pay bills as they become due, sometimes bankruptcy is the only answer.  Bankruptcy law is very complex and an experienced bankruptcy attorney, such as the ones at Rosenberg & Weinberg, is essential to help you decide which path is right for you.

In Chapter 7 bankruptcy, which is sometimes referred to as "straight" bankruptcy, a debtor is allowed to keep certain property pursuant to "exemptions" and then property over the exemption limit is used to pay creditors.  We aim to be able to help debtors in Chapter 7 to quickly discharge their debts and get their lives back on track.

In Chapter 13 bankruptcy, which is often called the "wage-earners" plan, a schedule of debts, assets, and income is prepared and a plan is prepared for the debtor, who must have a steady income, to pay back some or all of the debt.  We have successfully utilized Chapter 13 to save a family home from foreclosure and eliminate, if not reduce, tax debt.

Rosenberg & Weinberg have a passion for preserving our bankruptcy clients' legal rights.  We combine state-of-the-art technology in case management and comprehensive knowledge of new trends in bankruptcy law to keep our clients up-to-date on the progress of their case so that they can make the most informed decisions possible.  We measure our success by your success, and we are tireless in our efforts to ensure that you receive the "fresh start" that the bankruptcy laws were designed to provide.

If your home or other property is on the line, and you are thinking about filing for bankruptcy, contact Rosenberg & Weinberg for confidential, comprehensive advice on eligibility, alternatives, and the advantages/disadvantages to bankruptcy.