WILTON, CONNECTICUT BANKRUPTCY LAWYER
When you're faced with economic hardship, it can seem like there's no way out. Mounting credit card bills, past-due mortgage payments, and harassing calls from creditors can add a significant amount of stress to an already devastating situation. Filing for personal bankruptcy can put a stop to foreclosure, wage garnishment, and creditor harassment, and help get your finances back under control.
The Law Offices of Mark M. Kratter, LLC, represent clients in Wilton, CT who are in need of debt relief. We offer free initial consultations and flexible appointment scheduling, so it costs you nothing to have your case reviewed by a knowledgeable bankruptcy lawyer who can help you understand your options and act as your representative and advocate throughout the bankruptcy process.
Personal bankruptcy in the State of Connecticut
One of the first steps in filing for bankruptcy is determining which form of bankruptcy you qualify for and will best suit your needs. Your bankruptcy attorney can help you make an informed decision. Two of the most common forms of personal bankruptcy in Connecticut are Chapter 7 and Chapter 13 bankruptcy.
Under Chapter 7 bankruptcy, your non-exempt assets can be liquidated to pay off your debts, usually at a greatly reduced balance. While this may seem daunting at first, it is important to note that many key assets, including your primary residence, are exempt under the Connecticut bankruptcy code, so you can't be forced to sell them as part of your Chapter 7 bankruptcy filing.
In Chapter 13 bankruptcy, you'll establish a repayment plan tailored to your financial situation. Under the repayment plan, your monthly payments will usually be much more manageable, and upon completing your repayment plan, any remaining eligible debts will be discharged.
Hope for Wilton, CT residents
In our years of experience representing clients in Wilton, Connecticut, we have cultivated a reputation as one of the area's most trusted bankruptcy firms. When you retain the services of The Law Offices of Mark M. Kratter, LLC, you can rest assured that your case is in the hands of a seasoned bankruptcy lawyer who will stand in your corner throughout the bankruptcy process.
Contact us today for a free consultation
To schedule an appointment with The Law Offices of Mark M. Kratter, LLC, call us today at 203-678-8135.
