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The Connecticut Bankruptcy Court And Its Decisions



W


hen you file for              find a lawyer who will represent  
bankruptcy, it means that     you at your Connecticut Banruptcy 
you are unable to make        Court hearing where the final     
timely payments on all of your        decision will be made. There are  
debts. This is not a                  many lawyers in the Connecticut   
self-proclaimed state of affairs,     area that will be suited for your 
since the courts will need to         case. Keep in mind however, that  
rule on this decision, and the        you should search for one who is  
Connecticut Bankruptcy Court is       reputable and trustworthy, so     
one example of a place that           that the case is represented      
processes such claims.                fairly and equally and the best   
                                      results for you are attained.     
The Connecticut Bankruptcy Court                                        
                                      There are two areas which you can 
The Connecticut Bankruptcy Court      file for bankruptcy under in the  
has a number of courts which are      Connecticut Bankruptcy Court      
located in the towns of               system. The first is Chapter      
Bridgeport, Hartford and New          Seven, which is also known as     
Haven. They also have a website       “Straight Bankruptcy.” This       
which you can find at                 effectively means that all of     
https://ecf.ctb.uscourts.gov/.        your debts will be erased, except 
This site will give you all the       for a few such as student loans,  
information that you might need       purchases of over $500, taxes and 
in regards to addresses and other     child support.                    
important contact information for                                       
these courts.                         The other area under which you    
                                      can file for bankruptcy in the    
Once your decision has been made      Connecticut Bankruptcy Court      
with regards to filing for            system is under Chapter Thirteen, 
bankruptcy, you will also need to     which is also referred to as      



“Wage Earner Bankruptcy.” This        category that can file under such 
means that you will be given a        claims. This is normally          
repayment plan which spans            determined if you do not have     
several years that will allow you     enough assets which can be sold   
to pay off your debts.                off to repay your debts, and if   
                                      you earn less than average wages  
In October 2005, several              that would make you incapable of  
amendments were made to the           paying them back. These changes   
Chapter Seven laws. This was done     to the laws have also ensured     
because it had become too simple      that you must have obtained       
to file under this system. Now a      credit counselling before you are 
test that includes many               allowed to file for bankruptcy.   
determining factors is done to        

                              
show whether you fall into the        




About the Author:

Simon Peters is the owner of On Bankruptcy, it is THE best source for advice on the subject on bankruptcy, nothing to sell, just information . . .


Read more articles by: Simon Peters

Article Source: www.iSnare.com


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    The Connecticut Bankruptcy Court And Its Decisions