Our Middletown firm has spent the last 30 years helping people out of debt. We understand that you have been through the pressure of creditor phone harassment, excessive interest rates, and late fees. Some of you have been served with lawsuits, wage or bank garnishments. We also know that you would pay off your debt if only you could and that bankruptcy seems scary and awful. But we also know that bankruptcy isn't what you think it is. Upon the filing of a Chapter 7 Bankruptcy petition, you will have immediate relief. The harassment will stop that day. You will come out of Chapter 7 Bankruptcy in 90 days, essentially debt-free. The pressure will be gone along with the creditor and collection calls. You will have your life back. (Read some of our testimonials).
Chapter 7 Bankruptcy gives individuals, married couples, and businesses a fresh start. A Chapter 7 Bankruptcy wipes out almost all unsecured debts. Debts that can be forgiven include:
Credit card debt
Unsecured loans (not secured by collateral)
Overdue utilities (shutoffs can be stopped The back bill will be forgiven and the utility company is obligated to continue your service.)
Certain Federal, State, and Local Taxes, interest, and penalties.
Deficiency judgments from foreclosure
Note: Child Support and Alimony cannot be forgiven. Student loans cannot be discharged unless substantial hardship is proven.
Under Chapter 7 Bankruptcy, most people are able to retain all of their property: house, cars, furniture, and retirement accounts (Pension, IRA, 401-K).
A bankruptcy filing under Chapter 7 (or Chapter 13) will stop all wage attachments. lt will also prevent creditors from attaching your bank accounts or other property, or prevent them from enforcing judgments which they already have against you.
Upon the filing of a bankruptcy petition, the bankruptcy court will send a letter to all of your creditors informing them that you have filed bankruptcy. After a bankruptcy petition is filed creditors may not call you, send you letters, or take any action to collect money from you or seize your property.
This overview is general in nature and not a substitute for a consultation with an experienced bankruptcy attorney who can analyze your particular situation in detail and explain how a Chapter 7 Bankruptcy filing will affect your unique situation.
A word about Chapter 7 from our attorney, Jefferson Hanna: "In my experience, Chapter 7 Bankruptcy is the single most effective tool I have to help people deeply in debt. Unfortunately, in some circles, it has gotten a bad rap. Well-meaning friends and relatives may tell you that bankruptcy should be your last option. Internet scammers will tell you they can negotiate debt away. (Most often, this doesn't work.) All of this is terrible advice. Chapter 7 Bankruptcy can relieve not only the debt but the stress and worry that goes with it."
Credit problems may seem unending. With each passing day, you find yourself unsure of how you will get out.
GET HELP NOW! CALL US TODAY at our office in Middletown, Connecticut, for a FREE INITIAL APPOINTMENT or email our firm using the form below. We are proud to represent clients in the surrounding areas of Hartford, New Britain, New Haven, Meriden, and throughout Connecticut.