• Home
  • Bankruptcy
  • FAQ
  • Contact
  • More
    • Home
    • Bankruptcy
    • FAQ
    • Contact
  • Home
  • Bankruptcy
  • FAQ
  • Contact
NJ Bankruptcy Lawyer | Chapter 7 & Chapter 13 | Torres Legal

NJ Bankruptcy Representation Structured. Strategic. Decisive

Chapter 7 and Chapter 13 solutions designed to protect income, assets, and long-term financial stability under federal bankruptcy law.

Schedule a Bankruptcy Consultation

Attorney-Directed Strategy • Bilingual Support • Virtual Appointments

Financial Protection Through Structured Relief

Bankruptcy is a federal legal tool designed to create stability — not a last resort. 

Whether you are facing wage garnishment, foreclosure, overwhelming unsecured debt, or creditor pressure, federal bankruptcy law provides structured protections that can stop collection actions and allow for financial reorganization.

Our firm evaluates each case carefully to determine whether Chapter 7 liquidation or Chapter 13 repayment provides the most effective strategy.

Chapter 7 Bankruptcy

Chapter 7 allows qualified individuals to eliminate most unsecured debts, including credit cards, medical bills, and personal loans.

In many cases, wage garnishments and collection efforts stop immediately upon filing.

This option is often appropriate when:
• Income is limited relative to debt
• Assets fall within exemption protections
• A fresh financial start is necessary

Before filing, we evaluate eligibility, exemption strategy, and long-term financial impact to ensure Chapter 7 is appropriate.

Chapter 13 Bankruptcy

Chapter 13 provides a court-supervised repayment structure over three to five years.

It may be appropriate when:
• You are behind on mortgage payments
• You need to stop foreclosure
• You want to protect non-exempt assets
• You need time to reorganize secured debt

Chapter 13 allows structured repayment while maintaining asset protection. 

Chapter 13 requires disciplined budgeting and consistent plan payments. We structure cases carefully to improve approval and completion success.

What Filing Bankruptcy Can Immediately Stop

Filing a bankruptcy petition may stop:

• Wage garnishments
• Bank levies
• Foreclosure actions
• Repossession efforts
• Creditor harassment

Timing and eligibility depend on individual circumstances.

A Clear Filing Process

Our firm follows a structured, attorney-supervised workflow:

  1. Initial financial evaluation
  2. Secure document submission
  3. Attorney-reviewed petition preparation
  4. Filing and court preparation
  5. Ongoing structured guidance

Experienced, Organized, and Direct

Bankruptcy filings require precision, compliance with federal procedure, and strategic planning.

Every case is attorney-directed and supported by a bilingual legal team trained in structured case management and documentation review.

Clients benefit from clarity, efficiency, and a process designed to minimize delays.

Common Bankruptcy Questions

Timelines depend on document completion and case complexity and require original signatures.


Bankruptcy impacts credit history but may provide long-term financial stabilization.


Most clients attend a required 341 hearing.  Many steps are handled remotely.


View Full FAQ


Take Control of Your Financial Future

Schedule Your Bankruptcy Consultation

Call 973-815-0075
  • Bankruptcy
  • Chapter 7
  • Chapter 13
  • FAQ

Torres Legal

129 Prospect St, Passaic NJ 07055

973-815-0075

Copyright © 2026 Torres Legal  - All Rights Reserved.

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept