Frequently Asked Questions

After a serious accident or major business dispute, it is not uncommon for parties to have questions or concerns regarding their situations and how they can go about finding a resolution. At The King Law Firm, we are proud to offer more than 30 years of collective experience handling a variety of complex commercial, business, and civil disputes. Our firm stands ready to ensure that each individual or company who seeks our attention receives the best possible resolution and the highest amount of compensation available for his or her situation. In this section, we have comprised some of the most commonly asked questions regarding commercial, bankruptcy, personal injury, and criminal cases. If you find that you are still seeking answers, do not hesitate to retain the assistance a New Jersey attorney from our team right away.

BANKRUPTCY FAQ'S

What is the difference between Ch. 7 and Ch. 13 bankruptcy?
The basic difference between a Ch. 7 and Ch. 13 bankruptcy, is that a Ch. 7 is a complete liquidation of your assets to pay off any debts due to creditors. If there are no assets, than this is considered a "no asset" bankruptcy and creditors will receive nothing in the way of payment, and the debtor will receive a complete discharge of their debt. This means that they no longer have the obligation to pay the debt previously owed. A chappter 13 on the other hand is a reorganization of debt, and the debtor will be required to pay back all or some portion of the debt previously owed. If you want to keep your assets, than a Ch. 13 is likely the best option.

Can I save my house from foreclosure or stop a wage garnishment with bankruptcy?
Yes. The U.S. Bankruptcy Code offers an "automatic stay" which means that all collection must stop once the bankruptcy is filed. In the event that you are facing a foreclosure, a Ch. 13 filing will allow you to keep your house and pay back the arrears owed over a period of up to 5 years (or 60 months). You will also be required to start paying your mortgage again. Thus, you must have sufficient income to pay your regular mortgage, a payment on your arrears to the U.S. Trustee (the ywill forward the payment to the mortgage company), and your living expenses. If you can meet these financial obligations, than you will be permited to continue your Ch. 13 filing. If not, the case will eventually be dismissed.

What is the process for filing bankruptcy?
There are various steps that you have to take whether you are filing a Ch. 7 or Ch. 13 bankruptcy. First, you will be required to take a credit counseling class. This class can e taken online or over the phone and typically lasts an hour. Once completed, you will receive a credit counseling certificate, which will be used as part of the bankruptyc filing. This class is mandatory and must be taken prior to filing bankrupct, or the case will be dismissed. Once the petition, schedules and certifiactions are filed, you will receive a case number and a date for the "341 hearing of creditors." This meeting usually occurs 30-45 days after your initial filing and is a meeting with the U.S. Trustee appointed to administer your bankruptcy case. This meeting is an opportunity for your creditors and the Trustee to ask questions about your bankruptcy filing. Once this meeting is concluded, if you have filed a Ch. 7, than you will receive a discharge Order from the court within 60-90 days. If you have filed a Ch. 13, than you will have a confirmation hearing, where the court will consider your Plan of Reorganization.

How long does bankruptcy and take and what will it cost me?
If you have filed a Ch. 7 Bankruptcy, it typically takes 3-4 months from teh date of filing to receive a discharge. This time frame could be extended depending on whether there are problems with your filing. If you file a Ch. 13, than you can expect to receive an Order confirming your plan within 2-3 months after filing. This time could be longer depending on the nature of the case. The cost for a Ch. 7 filing is typically $1,500 to $2,500 depending on the nature of the case, number of creditors and other factors. There is also a court filing fee of $300. A Ch. 13 bankruptcy is typically costlier as there are many more hours expended to your case. Ch. 13 cases cost approximately $3,500, but may be lower or higher depending on the complexity of the case. the credit counseling class is usually $25-35 per session.

Do I really need an attorney to file for bankruptcy?
Yes! You should never take legal action without the assistance of an experienced bankruptcy professional. While you are free to file your bankruptcy on your own, act with caution as the process can be complicated.

PERSONAL INJURY FAQ'S

How much is my case worth?
Each person's case is different. It requires the assistance of an experienced attorney to determine how much compensation you may be able to receive. When you work with our firm, we can quickly evaluate your situation and determine what damages you may be entitled to recover.

Will I have to go to court?
With any legal case that is filed in New Jersey, there is a chance that you will have to go to court; however, most personal injury cases are settled without the need for a trial. Our firm can work diligently settled your case in a timely manner, but if going to court is necessary, we can represent you skillfully at trial.

How long will it take before I am able to receive compensation?
For each case, the amount of time between the filing of the lawsuit and the completion of the case will vary. It is essential that an attorney represent you to ensure that the case is expedited and you can receive compensation in a timely manner.

Who is liable for my injuries?
It may seem pretty straightforward to you who is responsible for your injuries; however, that may not necessarily be the case in a legal sense. When you work with an attorney from our firm, we can thoroughly investigate your situation and make sure that the true responsible parties are held liable for their actions.

Do I really need an attorney?
Yes! You should never take legal action without the assistance of an experienced professional. The statute of limitations and various laws regarding personal injury and liability can be difficult to understand. If you have been injured, work with The King Law Firm right away!

CRIMINAL DEFENSE FAQ'S

What should I expect from my criminal defense attorney?
At the King Law firm, our team is well equipped to handle both misdemeanor and felony charges. You can expect a free consultation, where we will assess the charges against you and offer you, our view, of teh vaailable options to defend you, and the possible outcomes. Each person's case is different. we never offer guarnatees, but we do tell you what the probable outcome, given our expereince and your unique set of facts. If appropriate we will work to get a you a plea offer, or represent you at trial, if the case is brought before a judge or jury. We will work hand in hand with you throughout the criminal proceeding, attending all hearings and brining the case to a conclusion.

Will I have to go to trial?
With any legal case that is filed in New Jersey, there is a chance that you will have to go to trial. However, the prosecutor normally makes a plea offer, which you consider before deciding to go to trial. We will work with you to first get the best possible plea offer, and than assist you with making a decision about accepting or rejecting the plea offer.

Do I really need an attorney?

It is always a personal choice whether to get the assistance of an attorney or to handle the case on your own. This is a personal choice that only you can make. You should consider the seriousness of the charges against you and whether you can successfully handle the case. We are here to help, so call and get a free consultation to see if you need our assistance.

Real Estate FAQ's

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Are you ready to move forward with your case? It is important that you contact an attorney as soon as possible. Our team of dedicated legal professionals stands ready to ensure that your rights are protected and that you receive the compensation that you deserve. We encourage you to direct any question or concerns you have to our team by contacting The King Law Firm and scheduling a free case evaluation as soon as possible. Complete the online form today to get started!