If your Connecticut business is experiencing financial difficulties, bankruptcy may be an effective tool to help it overcome them. Alternatively, it may provide a path to dissolving the company in a timely and relatively amicable manner. The type of proceeding that...
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Bankruptcy
Bankruptcy and credit scores
Excessive debt might leave people worrying about their finances, so they look to bankruptcy courts for protection. However, some Connecticut residents might worry about bankruptcy proceedings’ effect on their credit scores. A credit report will reveal whether someone...
Reducing the cost of a Chapter 7 filing
For people in Connecticut who are struggling to keep up with bills or who can't afford to pay them at all, bankruptcy might provide relief. It's not an easy decision, and one common irony in the situation is that many people struggle to afford to pay for their...
Car ownership and Chapter 7
Chapter 7 bankruptcy might be the only legal process for debtors to address obligations they cannot repay. When liabilities exceed income and assets by a considerable margin, filing for bankruptcy in a Connecticut federal court might be the only option. Chapter 7...
Bankruptcy may help you keep your home
Personal bankruptcy is a legal process that allows people to get out of debt. When you file for bankruptcy in Connecticut, a bankruptcy proceeding will be opened. The purpose of the proceeding is to determine whether you can keep your property or whether it will be...
