Bankruptcy in Bergen County

Bergen County is the most populous county in New Jersey, located in the northeastern corner of the state. It includes suburbs like Hackensack, Paramus, and Teaneck.

Key Information

Federal District

District of New Jersey (Newark Vicinage)
All bankruptcy cases from Bergen County are filed in this district.

Nearest Courthouse

50 Walnut St, Newark, NJ 07102
341 meetings and court hearings are typically held at this location.

New Jersey Exemptions in Bergen County

New Jersey state exemptions apply (no federal option). No homestead exemption. Personal property: $1,000. Wages: 90% exempt under 250% poverty. Retirement: fully exempt. Life insurance: exempt. New Jersey exemptions are among the least generous in the nation.

Exemptions determine what property you can keep in bankruptcy. See the full exemptions guide.

Filing Bankruptcy in Bergen County

The Process

  1. Credit counseling -- Complete an approved course within 180 days before filing ($15-25).
  2. File your petition -- The petition is filed with the District of New Jersey (Newark Vicinage). The automatic stay takes effect immediately.
  3. 341 meeting -- About 30 days after filing, attend a brief meeting of creditors at 50 Walnut St, Newark, NJ 07102.
  4. Debtor education -- Complete a second financial course before discharge ($10-25).
  5. Discharge -- Chapter 7: approximately 60 days after the 341 meeting. Chapter 13: after completing 3-5 year plan.

Frequently Asked Questions

Where do Bergen County residents file bankruptcy?

Bergen County cases are filed in the District of New Jersey, Newark Vicinage. The courthouse is at 50 Walnut St, Newark, NJ 07102. Bergen County residents typically drive 20-40 minutes south to the Newark courthouse.

What are the exemptions in Bergen County?

New Jersey has no homestead exemption and limited personal property exemptions ($1,000). Retirement accounts are fully exempt, and 90% of wages are exempt for lower-income filers. Bergen County's high property values make Chapter 13 particularly important for homeowners who want to keep their homes.

Is Bergen County a good candidate for Chapter 13?

Many Bergen County residents benefit from Chapter 13 because it protects all property (including homes with substantial equity) while you repay debts. Without a homestead exemption, Chapter 7 could put your Bergen County home at risk if you have equity above the minimal personal property exemption.

Check Your Eligibility

Use the free 1328(f) screener to check whether a prior discharge affects your eligibility.

Free Discharge Screener

Other Newark Area Counties

Open Bankruptcy Project Network