Chapter 7 Bankruptcy
Looking for a fresh start? Want to stop the constant telephone calls and collection letters, or worse yet, lawsuits? We will guide you through the process and access for you the relief the law provides, always treating you with the respect you deserve.
Chapter 7 is what most people think of as bankruptcy. You must give up certain property, but your unsecured debts are quickly discharged. The law has changed in the last decade, making it more complicated to qualify for debt relief under Chapter 7, but most people still do qualify.
The means test compares your income with your debts. If your situation permits payment of a significant portion of what you owe creditors, you may be forced to file under Chapter 13 instead of Chapter 7.
Regardless which form of bankruptcy you choose, creditors will immediately be stopped from contacting you or garnishing wages. The uncertainty you feel will be lifted when you resolve your financial worries.
You may be concerned about what people think or about obtaining credit in the future. Neither concern is necessary in this day and age. In fact, when you discharge debt, your income-to-debt ratio improves, and your credit score likely will, too. Your bankruptcy filing also disappears from your credit report after 10 years.
Talk to an attorney at Beebe and O’Neil about whether Chapter 7 bankruptcy is right for you. We can assess your situation and offer you our support and experience. We can help you gather the necessary documents, complete the petition and handle any necessary court appearances for you.
Together, our lawyers offer more than 100 years of experience representing clients throughout Connecticut in a wide range of legal matters.
Contact Us To Schedule A Free Consultation
If you are facing bankruptcy, Beebe and O’Neil can help you protect your rights. You will receive our personal attention and dedicated legal service. We offer evening and weekend appointments at our Norwich office. Please call 860-222-2021 or contact us online. We accept Visa, Mastercard and Discover.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.