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 . . .
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