Connecticut Bankruptcy Attorneys
Our attorneys at Cohen, Burns, Hard & Paul can provide legal guidance and protection through the bankruptcy process
Bankruptcy in the United States is a legal process designed to help individuals and businesses eliminate or repay their debts under the protection of the bankruptcy court. This complex process involves several types of bankruptcy filings, including Chapter 7, Chapter 13, and Chapter 11, each with specific requirements and implications. Navigating the intricacies of bankruptcy law can be overwhelming without expert guidance. Hiring a bankruptcy attorney is crucial to ensure that your case is handled correctly, from filing the necessary paperwork to representing you in court. An experienced bankruptcy lawyer can provide valuable advice on which type of bankruptcy to file, help protect your assets, and negotiate with creditors to achieve the best possible outcome.
At Cohen, Burns, Hard & Paul in West Hartford, CT, our dedicated bankruptcy attorneys are well-versed in the nuances of bankruptcy law and are committed to providing personalized, compassionate legal support. We understand that each client's situation is unique, and we work diligently to develop a tailored strategy that meets your specific needs. Whether you're facing overwhelming debt, foreclosure, or creditor harassment, our team is here to help you regain financial stability. By leveraging our extensive experience and knowledge of Connecticut bankruptcy laws, we ensure that your rights are protected throughout the process. Trust Cohen, Burns, Hard & Paul to guide you through the complexities of bankruptcy and help you achieve a fresh financial start.
10 Things to Know When Going Through the Bankruptcy Process
- Understand the Types of Bankruptcy: Familiarize yourself with Chapter 7, Chapter 13, and Chapter 11 bankruptcy to determine which type best suits your financial situation.
- Eligibility Requirements: Check if you meet the eligibility criteria for the type of bankruptcy you plan to file, including income limits for Chapter 7 and debt limits for Chapter 13.
- Mandatory Credit Counseling: Complete a mandatory credit counseling course from an approved agency before filing for bankruptcy.
- Automatic Stay: Be aware that filing for bankruptcy triggers an automatic stay, which temporarily halts most collection actions, including foreclosures, repossessions, and lawsuits.
- Asset Protection: Learn which of your assets are exempt and protected from liquidation under state and federal exemption laws.
- Impact on Credit Score: Understand that bankruptcy will negatively affect your credit score and remain on your credit report for up to 10 years.
- Disclosure Requirements: Fully disclose all assets, liabilities, income, and expenses in your bankruptcy petition to avoid legal complications.
- Debt Discharge: Know which debts can be discharged through bankruptcy, such as credit card debt and medical bills, and which cannot, like student loans and certain tax obligations.
- Bankruptcy Trustee: Cooperate with the bankruptcy trustee, who will oversee your case, review your paperwork, and conduct the creditors’ meeting.
- Legal Representation: Hire an experienced bankruptcy attorney, like those at Cohen, Burns, Hard & Paul in West Hartford, CT, to guide you through the process, protect your rights, and help achieve the best possible outcome.
With a reputation for excellence and a commitment to client satisfaction, you can trust Cohen, Burns, Hard & Paul to protect your interests and achieve favorable outcomes in your payment disputes.
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