New Jersey Homeowners Seek Bankruptcy Assistance In Wake Of Sandy

Super storm Sandy is not something New Jersey will soon forget. The rebuilding process has in a lot of ways really just begun. The Jersey Shore was devastated and homeowners around the state were flooded out of their homes.

Bankruptcy can help. One client recently retained my firm after flooding four times over the past several years. Each time this family had to begin at ground zero. Mentally they could not bring themselves to remain in this situation. They will file bankruptcy because the years of flooding have taken such a mental and financial toll.

While some homeowners will file bankruptcy because they need to walk away from their beloved homes, others will file bankruptcy to eliminate second and third mortgages (while staying in their homes in the hope that they do not flood again).

The average New Jersey family (based on my opinion) is only steps away from bankruptcy. Some spend thousands to try to modify their home loans while others spend thousands on debt consolidation scams. Please explore your bankruptcy options before making any final decision as it could save you thousands of dollars while giving you the fresh start you and your family deserve.

Although you cannot control the weather (and storms like Sandy) and what Congress may do next to further cripple the economy, you can consider putting your family on the path to financial freedom.

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