Hartford Bankruptcy Law Attorney

If you are facing unmanageable debt, foreclosure or wage garnishment, life can feel extremely overwhelming. In fact, sometimes the only thing that seems more frightening than being behind on your bills, is the thought of declaring bankruptcy. However, in many cases bankruptcy is the smartest option to help you move beyond otherwise unsolvable financial problems.

If you cannot repay any or all of your financial obligations, The Chambers Law Firm LLC may be able to help. Our Connecticut law firm has helped numerous individuals and families seek debt relief under Chapter 7 and Chapter 13 bankruptcies. When you contact our firm, we will arrange an initial consultation where our lawyers can review your finances and provide initial thoughts on the best way to proceed. In some cases, bankruptcy may not be right for you. But in many cases, it is the best solution.

How Bankruptcy Can Help You Obtain A Fresh Financial Start

As soon as you file for bankruptcy, there will be an automatic stay placed on all collection attempts. This means no more harassing phone calls, and any foreclosure action, wage garnishment or repossession efforts will halt while your case is processing. How your case proceeds will then be determined by the Chapter you filed.

Chapter 7 bankruptcy: During Chapter 7, a bankruptcy trustee will liquidate all of your nonexempt property to repay your creditors, after which all of your remaining eligible debt will be eliminated. In reality, the majority of people find that all of their assets will be protected from seizure. This type of debt relief is a great option for those looking to obtain a clean financial slate.

Chapter 13 bankruptcy: Chapter 13 is often called the wage earner's plan, as a bankruptcy trustee will create a three- to five-year schedule for you to repay your creditors in part or full. This "reorganization" of your debt can be a wise option for those who wish to keep their homes and is also a viable solution for those whose income excludes them from Chapter 7 eligibility.

Bankruptcy laws are complex, and each individual will face a unique set of financial issues. It is highly advisable to speak directly with an experienced bankruptcy lawyer about your specific circumstances.

What Must I Do Before Filing Bankruptcy?

You must receive budget and credit counseling from an approved credit counseling agency within 180 days BEFORE your bankruptcy case is filed. The agency will review possible options available to you in credit counseling and assist you in reviewing your budget. Different agencies provide the counseling in-person, by telephone or over the internet. If you decide to file bankruptcy, you must have a certificate from the agency showing that you received the counseling.

It is usually a good idea for you to consult with an attorney before you receive the required credit counseling. Unlike a credit counselor, who cannot give legal advice, an attorney can provide counseling on whether bankruptcy is the best option. If bankruptcy is not the right answer for you, a good attorney will offer a range of other suggestions. The attorney can also provide you with a list of approved credit counseling agencies, or you can check the website for the United States Trustee Program.

An Important Note About What Bankruptcy Cannot Do

While there are numerous benefits to filing for bankruptcy, there are some things that it cannot accomplish, including:

  • Eliminate certain rights of secured creditors, such as those who hold your mortgage or car loan

  • Discharge special treatment debts, including student loans, child support payments, criminal fines, court restitution payments and some types of taxes

  • Protect cosigners on your loans and debt

  • Discharge debts that arise after filing for bankruptcy

Hartford Consumer Bankruptcy Attorney

When you work with Chambers Law Offices LLC, not only do we provide experienced representation, but also the dedicated support you need to feel confident that your matter is receiving the full attention it deserves. Contact us at 860-952-3190 to discuss your case with a skilled Hartford bankruptcy law attorney.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.