Law Offices of Neil Crane in Bridgeport, Connecticut

Your guide to bankruptcy law in Bridgeport, CT

The Law Offices of Neil Crane is a legal firm that focuses entirely on bankruptcy law and debt relief. Our bankruptcy lawyers have assisted many firms and thousands of families in the Bridgeport area. Here are answers to some of the most common questions our clients ask

Who usually files bankruptcy?

Anyone can file for bankruptcy relief – it protects some of the hardest working, good people from all walks of life. Bankruptcy can be filed by individuals who are single or married, spouses can file separately or one or the other can file.

These are normally Chapter 7 and 13 bankruptcies. Larger companies or individuals sometimes reorganize under Chapter 11 bankruptcy.

What debt does bankruptcy erase?

Bankruptcy is excellent for eliminating nearly all types of unsecured debts. These include credit cards, lines of credit, personal loans, lawsuits, medical bills and payday loans.

When you file for bankruptcy, you will no longer have to pay these debts. This means you will have more income available for more important bills like your house, utilities and the costs of raising a family in Connecticut without debt.

What’s the difference between Chapter 7 and Chapter 13 bankruptcy?

While Chapter 7 and Chapter 13 bankruptcies are both intended for individuals with consumer debt, they differ in how they treat different types of debt. The choice of which is correct depends on the specific circumstances of each client. Chapter 7 eliminates unsecured debt. Chapter 13 gives you power over unsecured and secured debts.

Chapter 7 bankruptcy is a way for people to eliminate debts that they can no longer pay while protecting their assets. Chapter 13 is more of a reorganization chapter of bankruptcy. With Chapter 13, you can restructure all types of debt. Chapter 13 stops home loss and foreclosure.

What are the alternatives to bankruptcy?

One of the first matters you should discuss with a bankruptcy lawyer is all the alternatives, not just bankruptcy. In some cases, there are effective alternatives, but bankruptcy may be the best choice, depending on your circumstances.

• Stop harassment from creditors: Any option you choose needs to deal directly with creditors on your behalf to stop harassment and phone calls. Additionally, you have recourse to state and federal protections under debt collection consumer protection laws, but obviously, it won’t stop collection actions forever.
• Negotiate directly with your creditors: With professional help, we may be able to work out a new, manageable plan by going directly to your creditors, which might avoid the need for bankruptcy.
• Debt Consolidation: This has become a very popular internet alternative. Unfortunately, it is rarely a good option. It is extremely dangerous and won’t provide the proper customized relief needed for each individual’s case.

The Bridgeport location of The Law offices of Neil Crane is located next to the Bridgeport Metro North train station in the Park City Plaza. Our lawyers go to this location by appointment only. Please call us to book an appointment before coming to this location

Bridgeport Office Phone: 203-334-5555
Main Phone: (203) 230-8480
Fax: 203-230-8484
Email: [email protected]
Location: 10 Middle Street Bridgeport, CT 06604

Services at this location

Debt Relief
Bankruptcy
Foreclosures
Credit Card Debt Relief
Tax Law
Mortgage Modification
Small Business Bankruptcy
Mediation

Hours at this location

*by appointment only