Chapter 13 Bankruptcy Lawyer Hartford, CT

Chapter 13 Bankruptcy Lawyer in Hartford, CT

Chapter 13 Bankruptcy Lawyer Hartford, CTIf you’re considering filing bankruptcy, please call a chapter 13 bankruptcy lawyer Hartford, CT residents turn to from The Law Offices of Neil Crane. More people file Chapter 13 and Chapter 7 than all other types of bankruptcy combined. While these two bankruptcy types are the most popular forms for personal bankruptcies, they differ quite significantly in their purpose, structure, and results. An experienced local bankruptcy lawyer from our law office can help you determine which type best fits your particular situation.

Chapter 13

Chapter 13 is a reorganization procedure that gives you the opportunity to catch up with and pay down your debts over a significant period of time, usually three or five years. Its qualifications include the following:

  • You must have a regular income.
  • Your tax filings must be current
  • You must have no more than $394,725 worth of unsecured debt.
  • You must have no more than $1,184,200 worth of secured debt.
  • You must not have filed Chapter 13 bankruptcy for at least two years.
  • You must not have filed Chapter 7 bankruptcy for at least four years.
  • You must receive credit counseling prior to filing.


As soon as you file Chapter 13, the court issues an automatic stay that prohibits your creditors from harassing you. Once you designate them as priority, secured and unsecured, you then meet individually with your priority and secured creditors for the purpose of attempting to renegotiate your respective debt with each one. You meet with your unsecured creditors as a group. These negotiations may result in a substantial reduction of your various debt balances, more favorable interest rates, or both. A CT chapter 13 bankruptcy lawyer in Hartford can provide guidance during bankruptcy-related negotiations.

Once the negotiation period ends, you then devise a repayment plan which the court must approve. This plan requires you to make a specified monthly payment to the bankruptcy trustee who, in turn, distributes it to your creditors as called for in the plan. As long as you continue to make the required payments, no creditor can hound you for additional payments. At the end of your bankruptcy period, the court discharges all your unsecured debts not covered in your repayment plan.

Chapter 7

Chapter 7 is a straight discharge procedure. Its qualifications include the following:

  • You must pass your state’s means test. 
  • You must be an individual, a married couple, or a small business owner. 
  • You must not have received a Chapter 7 discharge during the past eight years.
  • You must not have received a Chapter 13 discharge during the past six years.
  • You must not have had a Chapter 7 dismissed during the past 180 days.
  • You must receive credit counseling prior to filing.


As soon as you file Chapter 7, the court issues an automatic stay that prohibits your creditors from harassing you for 30 days. At the end of your bankruptcy period, usually 2-4 months after filing, the court discharges virtually all of your consumer debts, including your credit card debts. If you are in the midst of a bankruptcy issue or need help applying, call a Hartford chapter 13 bankruptcy lawyer in CT from The Law Offices of Neil Crane now.