HARTFORD BANKRUPTCY LAWYER
NEED TO FILE FOR BANKRUPTCY IN HARTFORD, PUTNAM, TOLLAND OR NEW LONDON COUNTY?
Do you feel that you are struggling to stay afloat in a sea of debt? If you are drowning in loans and bills and barely making ends meet, you may be feeling stressed; however, it is important that you know that you have options. In some cases, individuals can become debt free by working with an attorney to file for bankruptcy.
At The Woods Law Firm, LLC, we understand that, sometimes, the negative connotation associated with the word "bankruptcy" can lead people to avoid exploring this option. Filing for bankruptcy, nonetheless, can actually have numerous benefits for consumers.
WHY CHOOSE THE WOODS LAW FIRM, LLC?
- Low-cost flat fee Chapter 7 bankruptcy representation
- We offer a comprehensive case evaluation where Attorney Woods will outline your eligibility for each bankruptcy chapter
- Attorney Woods will communicate directly with you and personally work on your case from start to finish
TALK ABOUT YOUR NEEDS WITH A FREE CASE EVALUATION
When you choose to work with The Woods Law Firm, LLC, we will sit with you and thoroughly review your debt and the situation that you may be facing. Our firm can help determine whether bankruptcy is right for you and under which chapter of bankruptcy you may be eligible to file.
In addition to the assistance we will provide with filing, we can also assist you with staying debt free, rehabilitating your credit rating, and ensuring that your rights, assets, and property are fully protected throughout the course of your case.
WHAT TYPE OF BANKRUPTCY SHOULD YOU FILE?
Consumers may file under two different chapters of bankruptcy. Depending on the type of debt you have and the specifics of your case, one or more of the following may be right for you:
Chapter 7 Bankruptcy
In Chapter 7 bankruptcy, also known as liquidation bankruptcy, all non-exempt assets will be sold, and the cost retrieved from them will be distributed among lenders to help repay debts.
A Chapter 7 bankruptcy discharge will eliminate:
- Most unsecured debts
- Credit card debt
- Debts owned by junk debt buyers
- Overdrawn checking account balances
- Some state and federal taxes
Upon filing for Chapter 7, an automatic stay will be placed onto your accounts so that all foreclosure and collection attempts will promptly cease.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy also allows debtors to become debt free, but does not require liquidation. Under Chapter 13, consumers will repay debts over time using a court-approved payment plan. Chapter 13 can be a useful tool in saving a home from foreclosure or repaying large amounts of delinquent tax debt that would not otherwise be dischargeable in a Chapter 7 bankruptcy. This particular chapter is often the best course of action for people who are still employed and can afford minimum payments against debts.
A Chapter 13 bankruptcy can help to delay or stop:
- Mortgage foreclosure
- Car repossession
- IRS bank levies
WHAT WILL IT COST?
We offer low-cost flat fee representation in Chapter 7 cases and competitive fee structures in Chapter 13 cases that are among the most affordable in Connecticut.
ARE YOU CONSIDERING BANKRUPTCY? CALL US FOR COUNSEL!
At The Woods Law Firm, LLC, we understand that you may have numerous decisions to consider when you are trying to resolve debt problems and we encourage you to contact our office as soon as possible. Our firm has a track record for success, and we are not afraid to use our experience and knowledge of federal bankruptcy laws to help you overcome this trying situation.
For more information about how The Woods Law Firm, LLC can help you and about the various benefits that may be available to you if you qualify for bankruptcy, contact our Hartford County office today. Schedule a case evaluation with our bankruptcy attorney in Connecticut.