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Frequenlty Asked Questions

About Bankruptcy Chapter 11

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Do I need to file Chapter 11 Bankruptcy?

About Chapter 11 Bankruptcy

Chapter 11 bankruptcy provides court-ordered debt relief and financial restructuring for businesses and individuals under the Bankruptcy Code. Chapter 11 bankruptcy has saved many Connecticut businesses from closing their doors.

Read more about Chapter 11 Bankruptcy

What is an Automatic Stay?

The automatic stay will put an immediate stop to:

Any court actions
Any phone calls or contact
Wage garnishment
Bank levy
Property repossession
Attachments
Foreclosure
Lawsuits and judgments against you

The filing of a case in Connecticut will immediately stop all collection efforts on legal action in any state or jurisdiction throughout the country.

Read more about the Bankruptcy process here