The Different Types of Bankruptcies You have a choice. You have a choice in deciding which chapter of the Bankruptcy Code which best suits your needs. We primarily deal with Chapter 7 and Chapter 13 Bankruptcies as those two chapters are the best suited for most people. CHAPTER 7 A Chapter 7 Bankruptcy has the power to wipe out all or most of your debt and to provide you with a fresh start. ____________________________________________________________ CHAPTER 11 A Chapter 11 Bankruptcy is the Business reorganization Chapter, however it may be utilized by individuals with consumer debts. The debtor remains in possession of his business and assets subject to Court control and sometimes subject to oversight by a creditors' committee. ____________________________________________________________ CHAPTER 13 A Chapter 13 Bankruptcy will also provide you with a fresh start, it is the choice of individuals who need to save their home, automobile, or other property. A determination of whether you would be helped by a bankruptcy filing can only be determined after we have discussed your specific circumstances, assets and liabilities. Phillip G. Parker, Esq. 1040 Kings Highway North Suite 601 Cherry Hill, New Jersey 08034 phone 856-755-9559 fax 856-755-8778 Free initial consultations. Payment plans available. Flexible office hours including evenings and weekends. Located in Cherry Hill, New Jersey, the Law Office of Phillip G. Parker represents clients in all of Central and South Jersey. In Camden County, Audubon, Audubon Park, Barrington, Bellmawr, Berlin, Brooklawn, Camden, Cherry Hill, Chesilhurst, Clementon, Collingswood, Gibbsboro, Gloucester, Gloucester City, Haddon, Haddon Heights, Haddonfield, Hi-Nella, Laurel Springs, Lawnside, Lindenwold, Magnolia, Merchantville, Mount Ephraim, Oaklyn, Pennsauken, Pine Hill, Pine Valley, Runnemede, Somerdale, Stratford, Tavistock, Voorhees, Waterford, Winslow, and Woodlynne. In Burlington County, Bass River, Beverly, Bordentown, Burlington, Chesterfield, Cinnaminson, Delanco, Delran, Eastampton, Edgewater Park, Evesham, Fieldsboro, Florence, Hainesport, Lumberton, Mansfield, Maple Shade, Medford, Medford Lakes, Moorestown, Mount Holly, Mount Laurel, New Hanover, North Hanover, Palmyra, Pemberton, Riverside, Riverton, Shamong, Southampton, Tabernacle, Trenton, Westampton, Willingboro, Woodland, and Wrightstown   In Gloucester County, Clayton, Deptford, East Greenwich, Elk, Glassboro, Logan, Mantua, Monroe, National Park, Newfield, Paulsboro, Pitman, South Harrison, Swedesboro, Wenonah, West Deptford, Westville, Woodbury, Woodbury Heights, and Woolwich. In Mercer County, East & West Windsor, Ewing, Hamilton, Hightstown, Hopewell, Lawrence, Pennington, Princeton, Trenton, and Washington Township. In Atlantic County, Absecon, Atlantic City, Brigantine, Buena Boro , Buena Vista, Corbin City, Egg Harbor, Estell Manor, Folsom, Galloway, Hamilton, Hammonton, Linwood, Longport, Margate, Mullica, Northfield, Pleasantville, Port Republic, Somers Point, Ventnor , and Weymouth. Call us at 856-755-9559 for additional information or to schedule a consultation. Copyright © 1998 - 2007 by Law Office of Phillip G. Parker, Esquire. All rights reserved.