Middletown Debt Relief Attorney

An experienced bankruptcy attorney at the Middletown, CT Law Offices of Neil Crane will all act quickly to protect your legal rights. Through the proper utilization of state and federal laws, we help our clients avoid repossessions, liens and other aggressive collection practices. Chapter 7 bankruptcy also stops foreclosure actions while allowing for the reversal of recent levies, attachments, liens or legal actions. We use our knowledge and experience to immediately protect your rights.

 

If you’ve tried all other options without success, contact an experienced professional like the attorneys at the Law Offices of Neil Crane. We’ll take the time to sit with you and thoroughly evaluate your budget and all the legal options available to you and your family. 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.

Full Chapter 7 Eligibility and Means Testing Relief at the Law Offices of Neil Crane

While the new Bankruptcy Code has stringent median income standards, Chapter 7 relief is still available for higher income households through means testing. Means testing is a somewhat complicated calculation of “household income” and “allowable monthly expenses.”

With over 2,300 successful cases under the new laws, our Chapter 7 means testing attorneys have been able to provide full Chapter 7 debt relief for higher income families throughout Connecticut. Our experienced Chapter 7 attorneys have navigated all the intricacies and nuances of the new means testing requirements in order to provide complete relief from all forms of unsecured debt. The results are worth the work.

The Automatic Stay and Asset Protection Through Bankruptcy Exemptions

The elements essential to facilitating financial recovery are the immediate halting all creditor collection actions and the ability to protect necessary personal assets. An immediate halt on all creditor actions is provided by bankruptcy laws which provide an automatic stay on all actions to collect upon the filing of a bankruptcy petition. This is a powerful federal protection that sets the stage for Chapter 7 recovery.

Bankruptcy Exemptions allow individuals and families to protect the personal belongings helpful to a financial fresh start. These laws protect a wide variety of important personal assets, including:

  • Bank Accounts up to $12,750 per person
  • Residential Home Equity up to $75,000 per person
  • Automobiles
  • Pensions
  • 401K and other tax exempt accounts
  • Household Belongings
  • Tools of the Trade
  • Life Insurance Policies
  • 529 Accounts

To learn more about the Chapter 7 process and exemption laws, call our experienced attorneys at the Law Offices of Neil Crane at 203-230-2233 or toll free at 1-888-249-3027, or fill out our simple online Contact Form for a prompt response to your inquiry.