New Haven Chapter 7 Bankruptcy Lawyers
Connecticut Debt Elimination Attorney
Chapter 7 bankruptcy is also known as a “liquidation” bankruptcy although in many cases we can protect all of your assets. In Chapter 7, we can help you discharge most unsecured debts through a simpler process than other forms of bankruptcy. However, if a “means test” determines that you have the ability to repay debts based on your income for the preceding six months, we can help you determine an option such as Chapter 13 that better suits your situation. Chapter 13 is also used to protect valuable assets such as your home in situations where they may be at risk in a Chapter 7 filing.
Throughout Connecticut, however, Chapter 7 bankruptcy can remain attractive for small-business owners hoping for a fresh start. After careful analysis of any property that might be liquidated by the trustee and of the debts that can be discharged, Chapter 7 filing can be very beneficial. Our experienced attorneys can help you understand the risks and benefits of Chapter 7 in your situation.
At the New Haven law firm of Coan, Lewendon, Gulliver & Miltenberger, LLC, we understand the numerous issues and risks facing people in difficult financial situations. Our lawyers collaborate with consumer and business clients to identify the strategy that can best protect assets, minimize risks and achieve goals.
Contact us online with questions or to schedule an initial consultation. Our knowledgeable guidance can help you identify the next steps crucial to your successful fresh start. Call us today at 203-901-1298.
Filing for Chapter 7 Bankruptcy
When you file for bankruptcy, there is a list of items, including income, debts, expenses and property that we can help you prepare for the court. We can help you with the complex documentation and procedure for preparation and filing of a petition in bankruptcy. We can help you to obtain the benefits of an automatic stay, which protects you from wage garnishment, liens, and property and asset seizures.
After the necessary paperwork is filed, we will help you prepare for the Bankruptcy 341 Hearing, in which you are required to meet with the trustee assigned to your case, and in some cases with creditors. We will appear with you at the 341 Hearing where, you will answer questions under oath respecting your financial affairs. Throughout the process, we are dedicated to protecting your rights and ensuring that all eligible debts are discharged to your maximum benefit.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.