Free Telephone Consultation

Stay connected with us:

Schedule a Free Phone Consultation

Bankruptcy Timelines

Below is a general outline of what you can expect when declaring bankruptcy – the experienced South Jersey bankruptcy attorneys at McDowell Posternock Apell & Detrick, PC will be there to guide you through every step of the process.

  1. Get in touch with a New Jersey bankruptcy lawyer, who will determine if you qualify for bankruptcy and which type of bankruptcy is right for you. You’ll qualify for Chapter 7 if your income is below the median income for New Jersey – otherwise, you must declare Chapter 13. However, you still have the option of filing Chapter 13 if you qualify for Chapter 7.
  2. You’ll be required to provide your lawyer with financial paperwork documenting your current sources of income, monthly cost of living, major financial dealings within the last two years, debts , real estate and all other property and possessions.
  3. You’ll also take a required consumer credit counseling course from home within six months before declaring bankruptcy.
  4. Determine with the help of your attorney what assets are exempt from confiscation. Your attorney will then draft a three-page petition and other necessary documents and prepare you to file for bankruptcy at your New Jersey bankruptcy court. If you are filing for Chapter 13, your attorney must also propose a repayment plan on your behalf.
  5. Upon filing, the automatic stay begins. The court will be granted control of your debts and non-exempt property and creditors can’t contact you directly or threaten to seize any of your assets. If you declared Chapter 13, you must immediately begin paying off your debt in accordance with your payment plan. The Chapter 13 trustee will oversee your case to ensure that your creditors are being paid back as much as possible
  6. Approximately 30-60 days after filing, you’ll meet with the trustee to discuss your assets, liabilities and other financial matters.
  7. You will next take a mandatory financial management course.
  8. After you take the class, you’ll wait for your discharge to be approved – Chapter 7 filers will receive an approval about three months later. If you declared Chapter 13, your lawyer will attend a confirmation hearing for you, where your payment plan will either be confirmed or denied. If approved, your debt relief will be made permanent – this can take up to three to five years.
  9. Your lawyer will then assist in repairing your credit and answering questions.

Seek bankruptcy advice with a free phone consultation

If you think bankruptcy may help you through your financial problems but are wary because of the social stigma, the knowledgeable and compassionate South Jersey bankruptcy attorneys at McDowell Posternock Apell & Detrick, PC are here to put you at ease. We will explain all your options, detail how bankruptcy will impact your life, and dispel the myths you may have heard about bankruptcy. Call us today or fill out our contact form to schedule a free phone consultation and learn more about how bankruptcy can help.

i felt as if she was looking
out for us like family

We closed our house sale yesterday with Melanie Levan. She was so professional, knowledgeable and great to work with. I felt as if she was looking out for us like family. I highly recommend her.

Debbie Poley Thompson

Our Awards

McDowell Posternock Apell & Detrick attorneys have received recognition from various groups and publications. Specific awards are noted on our attorney bios. More information about each of these awards and the methodology used for selection can be found on the following links. Super Lawyers, Awesome Attorneys, South Jersey Biz Best Attorneys in Business. No aspect of these accolades has been approved by the Supreme Court of New Jersey.

Schedule a Free Phone Consultation

Fill out the form below to receive a free and confidential initial consultation.
For immediate assistance during business hours, call us at (856) 861-3474.
*Bankruptcy consultations may be scheduled in person

Toll Free




Maple Shade

46 West Main Street
Maple Shade, NJ 08052

Fax: (856) 482-5511

Map & Directions


400 North Church St. Suite 250
Moorestown, NJ 08057

Fax: (856) 642-6148

Map & Directions

Browns Mills

57 Juliustown Rd
Browns Mills, NJ 08015

Fax: (609) 893-1277

Map & Directions


1528 Walnut St, Suite 2015
Philadelphia, PA 19102


Map & Directions

Stay connected with us: