WHAT DO I DO? THIS WINTER HAS BEEN BRUTAL AND I HAVE A SHUTOFF NOTICE FROM PSE&G SINCE I OWE THEM $5,000!
Many of Mr. Taieb’s clients are so concerned with catching up on their utility bills so they don’t get shut off. As a result, this puts them behind on mortgage payments and auto payments and credit cards. This creates a domino effect which creates more stress, fear and anxiety.
However, there is a solution to alleviate the stress. 11 USC 366 of the Bankruptcy Code prevents a utility from altering, refusing or discontinuing service if one files a bankruptcy. However, the utility may discontinue service if a debtor refuses to provide adequate assurance in the form of a deposit within 20 days after the bankruptcy petition if filed.
Doesn’t it make sense to take a universal approach and file a bankruptcy to stop the madness of worrying about getting money to stop a shutoff while neglecting other debts that could lead to other crisis situations?
Depending on your circumstances you could either file a Chapter 7 or Chapter 13 bankruptcy to make sure you don’t freeze this winter. Please take note the bankruptcy will take care of the past utility bills, but if you don’t pay future bills then you can be shut off.
Steven N. Taieb, Esq. is here to help you and is a South Jersey Bankruptcy Attorney who has helped over 7000 people with their financial problems for the past 32 years and is board certified in consumer bankruptcy law by The American Board of Certification which is accredited by The American Bar Association.
We are more than happy to discuss all your options and to see if bankruptcy is the best option for you.