Chapter 13 Bankruptcy

Neptune Chapter 13 Bankruptcy Attorney

Most people want to do the honorable thing and pay back their debt in a timely manner, but if you are locked into a payment plan you can't afford, your debt is just going to get worse. At the New Jersey law offices of William H. Oliver Jr., Attorney at Law, we help individuals and families get the relief they deserve through chapter 13 bankruptcy and debt consolidation. We can help you get back on your feet today.

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When they find out that they will not be approved for chapter 7 bankruptcy, many people become discouraged. However, chapter 13 may offer a better plan to erase your debt and restore your credit. Just like chapter 7, chapter 13 bankruptcy will provide immediate relief by stopping foreclosure and putting an end to creditor harassment.


  1. Stop Foreclosures and pay back mortgage arrears over 3-5 years.
  2. Combine request for LOAN MODIFICATION with chapter 13 plan.
  3. Propose SALE PLAN of your house over time, leaving you at least your homestead exemption of $20,200 per owner in your equity. ($40,400 for husband and wife)
  4. Require the New Jersey Motor Vehicle Commission and Municipal Courts to RESTORE YOUR DRIVER'S LICENSE.
  5. DISCHARGE 2 ND MORTGAGES where the value of your house has decreased to below what you owe on your first mortgage.
  6. Discharge part of your mortgage debt on INVESTMENT and COMMERCIAL PROPERTIES and MULTI-FAMILY HOUSES.
  7. Discharge municipal MOTOR VEHICLE FINES and Civil penalties.
  8. Pay back IRS and New Jersey State INCOME TAXES (under 3 years old) and TRUST FUND TAXES WITHOUT PENALTY OF INTEREST. Discharge older IRS and New Jersey State Income Tax (subject to rule)
  9. Pay back alimony and CHILD SUPPORT.
  10. Discharge civil and municipal penalties.
  11. Stop EVICTION and pay landlord arrears over time.
  12. Receive back REPOSSESSED CARS and deal with the arrears in your plan or cram the debt down to the value of your car.
  13. Only pay back the real value of YOUR CAR with a low interest rate where the car loan is more than 2 ½ years old. The balance is discharged.
  14. Use a chapter 13 where NEW DEBT accumulated after a prior chapter 7 or after a discharged or dismissed chapter 13.
  15. Stop New Jersey State UNEMPLOYMENT from denying your claim, so you can get the help you need between jobs. Reinstate unemployment payments.
  16. Discharge court ordered DIVORCE unrealistic EQUITABLE DISTRIBUTION AND DEBT HOLD HARMLESS AWARDS, which are not support orders.
  17. Discharge IRS and State Tax Debt over 3 years old. (other than trust funds)
  18. Where you have a temporary reduction in income propose a tier plan payment which will increase when your income increases and allow you to repay your secured debt (house or car) over the five year plan.
  19. Allow SMALL BUSINESS OWNERS to continue in business and restructure their debt.
  20. Require the gas, electric, water and cable companies RESTORE YOUR UTILITIES immediately upon filing.

For many people, chapter 13 bankruptcy offers better long-term solutions. As a debt repayment plan, chapter 13 bankruptcy will wipe your unsecured debt while you pay back your secure and priority debt at a rate you can afford. After you fulfill the three to five year commitment of your plan, any remaining debt will be discharged.

The greatest advantage to chapter 13, for many people, is that it allows more opportunities for individuals to maintain important assets, such as retirement savings, homes, and cars.

Working with you throughout the process, our firm will fashion, propose, and prosecute a plan that is specifically designed to meet your immediate and long-term needs. Taking a look at your debt and earning capacity, we will make sure you find a plan that works and see you through the whole process until you safely arrive on the other side.

While chapter 13 bankruptcy can be used to preserve sole proprietorships that are in business, our firm also provides chapter 11 bankruptcy for New Jersey businesses.

New Jersey Motor Vehicle Commission Surcharges

If you fail to pay your motor vehicle violation fines and your license is revoked, excessive insurance surcharges may accumulate. These surcharges can be expensive and may be discharged in bankruptcy. After you file for bankruptcy, we may be able to help you get your license back, as well as void the fines, DMV surcharges, and any wage garnishments.

Contact Us

With many different types of debt, it is important to understand how they will be affected by your payment plan. We are happy to answer your questions and help you build a plan today. Open during weekly business hours, our Neptune and Toms River offices offer evening and Saturday appointments as well. Contact us today for more information.