Learning Center

At The Lenz Law Firm we are skilled and experienced in guiding people and businesses through trying and difficult times. With that being said we encourage our clients to empower themselves by learning more about the situation they’re in and the best course of action. That’s why we’ve developed our Learning Center, which we see as a way to provide valuable information to anyone who has fallen on hard times-regardless of whether or not they decide to utilize our services. We hope it provides valuable information, and would appreciate any feedback.

Articles

• ARE YOU ELIGIBLE TO FILE BANKRUPTCY? by By Kenneth Lenz
  A review of the main legal issues concerning eligibility for filing under different chapters in bankruptcy (Read More)


• What Does the Trustee Do in Your Bankruptcy? by By Kenneth Lenz
  When you file a Chapter 7 or Chapter 13 bankruptcy case, a Trustee administers your case for the U.S. Trustee, not the Court. (Read More)


• Supreme Court Case Favors Creditors in Bankruptcy Filings by By Kenneth Lenz
  The Supreme Court shows a trend that favors creditors and adopts an attitude that debtors are scamming the system. (Read More)


• Can I file bankruptcy without my husband/wife? by By Kenneth Lenz
  While it's possible to file alone when married, there are a lot of things to take into consideration in deciding this . (Read More)


• What In The World Is Happening to Mortgage Foreclosures? by By Kenneth Lenz
  Forged and fraudulent documents may have been the basis of many home foreclosures, and just now its coming to light. (Read More)


• Things to Consider When Choosing A Bankruptcy Lawyer by By Kenneth Lenz
  There are many Bankruptcy Lawyers to choose from in Connecticut and finding the right one can prove a daunting task. (Read More)


• Preventing Connecticut Home Foreclosure by By Kenneth Lenz
  If your mortgage company is threatening to foreclose on your home or if it has already begun the process... (Read More)


• Paying for Bankruptcy: “Running on Empty” by By Kenneth Lenz
  In my Connecticut bankruptcy practice, I’m frequently asked, “how much will it cost me to file bankruptcy?” The amount of the fee should not be your primary focus in hiring an attorney. After all, you want quality representation, you want to keep all the property you can legally exempt, and you want all the debts discharged if they can possibly be. In short, you should think value, not price. (Read More)


• Frequently Asked Bankruptcy Questions by By Kenneth Lenz
  Here are several questions we receive from clients on a regular basis. (Read More)


• What Are the Connecticut Exemptions? by By Kenneth Lenz
  A handy listing of Connecticut's exemptions for bankruptcy. (Read More)


• What Property Can I Exempt In Bankruptcy? by By Kenneth Lenz
  If a debtor may file bankruptcy in Connecticut, they may elect to claim exemptions under either the Federal or Connecticut exemption statutes. However, the election must be exclusive, i.e. either the federal exemption statutes or the CT state exemption statutes for all the debtor’s property. (Read More)


• Be Careful About Information On the Internet by By Kenneth Lenz
  I know you’ve heard it before (and it’s been written about before), but I just finished meeting with a new client - she almost hadn’t come, having emailed me yesterday saying she had done research on the internet and concluded she could not do a bankruptcy if she wanted to try to get out any of her equity in her home. (Read More)


• The Automatic Stay: What Is It And Why You Don’t Want To Lose It! by By Kenneth Lenz
  When a bankruptcy is filed the debtor gets an automatic stay. The stay is a very important. It prevents your creditors from continuing any attempts to collect on the debts that are owed. (Read More)


• Should a “Stay & Pay” Homeowner Consider a Mortgage Refinance? by By Kenneth Lenz
  I recently received an email from a web site visitor who asked an interesting question about his responsibilities to his mortgage company. This gentleman had filed a Chapter 7 and received a discharge four years ago but did not reaffirm his mortgage. He had remained in his house and continued to make his mortgage payments and his mortgage company had accepted those payments (this is what bankruptcy attorneys call “stay and pay”). (Read More)


• Can the Bankruptcy Trustee Take My Tax Refund? by By Kenneth Lenz
  A bankruptcy trustee might be able to take your income tax refund whether you have filed a chapter 7or chapter 13 bankruptcy case. (Read More)


• When Should You Stop Paying Creditors If You’re Planning on Filing Bankruptcy? by By Kenneth Lenz
  You might file bankruptcy, well, for sure, so you stop paying those annoying creditors, but when is the best time?The answer is: it depends. (What did you expect? I am a lawyer.) If you intend to you’re your house, keep paying the mortgage or mortgages, property taxes and insurance. Keep making the lease payments or loan payments on the vehicles you are keeping. However, even that depends on the bankruptcy chapter you will be filing. (Read More)


• Seven Golden Rules For Reestablishing Credit by By Kenneth Lenz
  Myths about the process for reestablishing credit after bankruptcy abound. Some people say you should wipe your hands clean of credit cards and loans. Others say you should open accounts, but tuck them away in a drawer. Still others say that your credit score will be so low that you cannot get a loan until the bankruptcy falls off the credit reports in ten years. (Read More)