Bankruptcy Lawyer Hartford, CT
As Hartford, Connecticut residents and small businesses struggle to meet their overwhelming monthly obligations, many hard-working families often wonder what can a Hartford, CT bankruptcy lawyer do to help me? Since we’re all taught to hide our money problems, we’re all committed to trying to solve our financial problems on our own. We resist calling a lawyer and can miss out on learning what an experienced debt relief and bankruptcy lawyer can do to provide you with a completely new financial future. Many people have heard lots of myths about bankruptcy relief and don’t understand that financial problems have legal solutions. It’s hard to call a bankruptcy lawyer for help, but it’s worth it! At the Law Offices of Neil Crane, we have thousands of successful bankruptcy clients who always say, “I wish we had called you earlier” but I was too nervous to make the call.
What a Bankruptcy Lawyer Can Do For You:
In addition to understanding all options for successful debt relief, an experienced and committed bankruptcy lawyer can address and solve all types of debt problems under Chapter 7 or Chapter 13. Bankruptcy law was created for your protection from overwhelming debt through a comprehensive set of laws that were specifically enacted to assure individuals and small businesses a financial fresh start.
An experienced bankruptcy lawyer can help with all forms of debt, including unsecured debt and secured debt. Unsecured debt, as listed below, can be discharged in Chapter 7 bankruptcy, and discharged or modified under Chapter 13. Secured debt cannot be completely eliminated, but it can often be modified or reduced, depending on the type and value of the secured assets. All types of tax debts can be eliminated or modified.
The proper use of bankruptcy to discharge your unsecured debt allows you and your family the disposable income necessary to repay more important debt obligations, like your mortgage, rent and car payment. It also allows you to reallocate limited financial resources to rebuild your financial future with the stability necessary for long-term financial security.
Unsecured, or dischargeable debt, is any of the following:
- Credit Card debt
- Divorce debt (properly utilized, Chapter 13 can sometimes be used to alter unpayable divorce decrees)
- Foreclosure deficiencies
- Tax debt (if old enough under several factors)
- Medical debt
- Gambling debt
- Co-signed and joint debts
- Repossession deficiencies
- Pay day loan debt
- Personal loans
- Business debt
- Personal guarantees
With the assistance and knowledge of our debt relief lawyers at The Law Offices of Neil Crane, LLC, you can benefit from the opportunities available under the law to discharge your burdensome debt load with a well-planned, well-informed strategy that is the best possible resolution in your particular situation. Discharging debt through Chapter 7 bankruptcy will allow you to completely eliminate these debts and gain a financial fresh start.
Hartford Bankruptcy Lawyers for Chapter 7 and Chapter 13
Understanding the full benefits of all types of debt relief, the applicability of bankruptcy law to your circumstances and the proper choice of Chapter 7 vs Chapter 13 involves assessing and resolving the essential elements in each person’s special case.
Choosing Chapter 7 or the larger protections of Chapter 13 is a critical decision that needs to be expertly decided by a specialized experienced bankruptcy lawyer at the Law Offices of Neil Crane, where we’ve been providing Chapter 7 and Chapter 13 bankruptcy legal services to our clients since 1983.
While Chapter 7 is the most common form of bankruptcy in Hartford, CT, qualifying for Chapter 7 requires proper income analysis and the protection of all your assets through income testing and asset exemption planning. At the Law Offices of Neil Crane, all of our thousands of completed Chapter 7 cases had full income qualification, full asset protection and 100% unsecured debt relief.
Chapter 13 is the most comprehensive form of personal bankruptcy relief, controlling all forms of debt, including unsecured debt, secured debt, tax debt or even student loans. Chapter 13 bankruptcy law requires a full knowledge of all the provisions of Chapter 13 bankruptcy law and the knowledge gained from thousands of successfully completed Chapter 13 cases. At the Law Offices of Neil Crane, we have a thorough understanding of how to use Chapter 13’s full complement of laws to properly treat and reorganize all forms of debt in a carefully-crafted Chapter 13 Plan. Our expertise assures your fullest debt elimination, the complete protection of your assets through a perfectly conducted Chapter 13 bankruptcy filing.
Contact our Hartford, Connecticut Bankruptcy Lawyers
Debt relief is not a one-size-fits-all proposition. We will help you determine your most appropriate path to freedom from crushing debt and a financial fresh start under Chapter 7 or Chapter 13 bankruptcy relief. Your initial consultation is free. Call us today at 203-230-2233 or complete our online Contact Form. When you call us, you will always speak to an attorney. Consult with our experienced Hartford, CT bankruptcy lawyers today.