Discharging Debt Through Chapter 7 Bankruptcy In Stratford, CT
For more than 30 years, we've provided prompt and predictable Chapter 7 relief for Stratford residents struggling with overwhelming debt problems. For many families, Chapter 7 is the best available option to obtain debt relief and a balanced monthly budget. Chapter 7 provides full unsecured debt relief, preserves assets while stopping all forms of creditor actions and protecting future household income. The proper preparation and utilization of a Chapter 7 filing will relieve high interest credit card debt payments while permanently protecting homes, cars, bank accounts and all future income.
At the Law Offices of Neil Crane, we've been assisting Stratford, CT residents obtain relief from overwhelming debt and providing financial fresh starts since 1983.
To learn more about protecting your assets and discharging your debts under Chapter 7, call our experienced Chapter 7 attorneys at 203-230-2233 or toll free at 1-888-249-3027. Or fill out our online Contact Form for a prompt response to your inquiry today.
Full Chapter 7 Eligibility and Means Testing Relief at the Law Offices of Neil Crane
While the new Bankruptcy Code has more stringent income requirements, 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." Through hard work, knowledge and dedication, our Chapter 7 means testing attorneys have been able to provide full Chapter 7 discharge of debt for higher income families throughout Connecticut. Our experienced Chapter 7 attorneys know how to use all the intricacies and nuances of the new means testing requirements to provide full relief from all unsecured debt, while fully protecting assets. The results are worth the work.
The Chapter 7 Process and Exemption Protection
Pre-Bankruptcy Planning: Expert Chapter 7 practice requires perfect preparation: The key to all Chapter 7 cases is advanced and well-developed preparation prior to filing. Complete evaluation and the formulation of a customized plan to achieve your goals is the critical element to all our Chapter 7 success. All cases are completed prior to filing so that results are predictable and all Chapter 7 discharges are granted.
Filing the Chapter 7 Case: In the hands of experienced and dedicated Chapter 7 counsel, the filing of a case is the final most predictable step in the Chapter 7 process. Properly filed, the Chapter 7 fresh start begins on the filing date and the clients only further involvement is an informal and respectfully conducted Chapter 7 meeting held in an office setting with our attorneys that routinely takes less than ten minutes.
Chapter 7 Protects Your Assets Through Exemption Law
By properly utilizing all the exemptions available under state or federal bankruptcy exemption law, our Stratford clients can obtain full Chapter 7 debt relief and protect:
- Home equity up to $75,000 per person
- Bank accounts up to $12,750 per person
- Cars, trucks and other vehicles
- Tools of the trade
- Life insurance policies
- Pension assets
- Household belongings and other important assets
Relieving debt while protecting personal assets assures you of the best possible financial fresh start.
To learn more about how you can obtain your financial freedom, call our experienced Chapter 7 attorneys at 203-230-2233 or toll free at 1-888-249-3027. Or fill out our Contact Form for a prompt response today.