Discharging Debt Through Chapter 7 in Meriden

Chapter 7 relieves all types of personal debt obligations while protecting essential assets like paychecks, homes, cars and other personal belongings. Full relief from unsecured debt through a properly prepared and filed Chapter 7 petition allows individuals and Meriden, CT families to preserve their monthly income for more important obligations like mortgages and the basic high costs of living in Connecticut. Full debt relief under Chapter 7 preserves existing assets, future assets and all sources of future income.

 

If you’ve tried all other options without success, it’s time to contact an experienced professional at the Law Offices of Neil Crane. We’ll take the time to thoroughly evaluate your entire budget and explore all the legal options available. Call us at 203-230-2233 or toll free at 1-888-249-3027. You’ll always speak directly with an attorney – we don’t use voice mail.

Relying On Our Means Testing Experience for Full Chapter 7 Debt Relief at the Law Offices of Neil Crane

While the new Bankruptcy Code rules for means testing are more intricate and complicated, we understand how to properly determine “household income” and “allowable expenses” in order to provide our clients with the maximum debt elimination available under the new Chapter 7 bankruptcy law. Put our skill, dedication and means testing experience to work for you.

Income levels can result in restrictions for full debt relief under the new Chapter 7 laws, but precise analysis and proper application of all the nuances and intricacies for “means testing” options provides our clients with the greatest chance for full Chapter 7 debt elimination.

Our commitment, ability and experience with Chapter 7 means testing makes us one of the largest and most successful legal providers of full Chapter 7 relief.

Full Chapter 7 Debt Discharge and Complete Income Protection

All cases require a thorough and comprehensive analysis of your problems and a well-defined procedure for recovery. We understand the fear involved in discussing or seeking help for financial problems. It is our obligation to fully educate and advise our clients during all stages of the Chapter 7 process.

We address all creditor actions directly by telephone or correspondence from the first moment of our office’s involvement. All creditors speak directly with our attorneys or our long-term and experienced staff. We never use voice mail.

To obtain a complete Chapter 7 discharge of all of your unsecured debt, contact our experienced means testing attorneys at the Law Offices of Neil Crane. Call us at 203-230-2233 or toll free at 1-888-249-3027, or contact us online by filling out our simple Contact Form for a prompt response from a knowledgeable Meriden Chapter 7 Debt Relief attorney.

Protected Assets and Exemptions Under Chapter 7

The ability to retain and protect personal assets is an essential element of all Chapter 7 bankruptcy relief. The Bankruptcy Code fully protects assets that assist a family’s financial restart. The rules for asset protection assure that debt relief still allows for retention of important assets as “exemptions.”

  • Equity in your home up to $75,000 per person
  • Cash and other “wild card” items of approximately $12,500+ per person
  • Retirement accounts
  • Pension assets
  • 401K accounts, IRAs and tax exempt profit plans
  • Cars, trucks and motorcycles
  • Personal goods and household belongings
  • And many others…