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Bankruptcy in Connecticut, Why go it Alone? Professional Solutions for Serious Problems
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Bankruptcy
in Connecticut
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Connecticut
Bankruptcy: Chapter 7
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Lenz Law Firm Services and Info:
Have Questions? Visit Our Live Assistance Page Or |
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Bankruptcy in Connecticut: Filing Chapter 7 For many people, credit card debts have become overwhelming. After a credit card bill has not been paid for a period of time, credit card companies will sell or assign delinquent accounts to collection agencies. When these accounts are sold to these agencies, the amounts due, as well as the interest rates, may increase. For many people, credit card bills make up the majority of their debt. When debt becomes overwhelming, filing for bankruptcy may be an option, as credit cards may be discharged, and the debtors receive a fresh start, free from these debts. For others, it may be medical debts, bank loans, payday loans or gambling debts. All of the debts and more, even judgments, may be discharged by filing for Chapter 7 bankruptcy. In many situations, people with credit card debts may qualify for Chapter 7 bankruptcy. Would you like to speak with someone about your options in filing Chapter 7 bankruptcy and eliminating your credit card debt? Please contact Attorney Ken Lenz today to arrange your consultation at 203-891-9800 or request an appointment. When you choose our firm, most of your interactions will be directly with your attorney. Chapter 7 bankruptcy and the means test under the new bankruptcy laws. an individual will need to undergo a “means test” to determine whether he or she qualifies for Chapter 7 bankruptcy. The means test will consider a family’s monthly gross income in comparison to the state median income. If an individual is eligible for Chapter 7 bankruptcy, his or her unsecured debts may be discharged. If a person is not eligible, then filing for Chapter 13 bankruptcy may be another option. As soon as a bankruptcy has been filed, an automatic stay takes effect. The automatic stay prohibits all attempts from debt collectors to collect on their debts against you. This includes lawsuits, foreclosures, phone calls and collection letters. Get immediate relief from Creditors Attorney Kenneth Lenz, Board Certified in Consumer Bankruptcy, serving his clients with honesty and integrity. Ready for a Fresh Start?
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