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How Chapter 7 Bankruptcy Can Help Struggling Business Owners
September 23rd, 2024
Struggling business owners, especially sole proprietors, are often worried that their personal finances will go down with the company’s ship. But a Chapter 7 bankruptcy can help struggling business owners protect their personal assets and deal with…
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The Bank Says I Have To Sign a Reaffirmation Agreement to Keep My House or Car After Bankruptcy. Do I?
June 27th, 2024
After you file a Chapter 7 bankruptcy, your bank or mortgage company may ask you to sign a reaffirmation agreement to keep your house or car. Since bankruptcy is designed to free you from debt and stop collections efforts, these calls from creditors…
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Categories: Chapter 7 Bankruptcy
Chapter 7 Eligibility: Means Test Deductions
December 18th, 2023
Many people see a Chapter 7 bankruptcy as a comparatively easy way to discharge debts they cannot pay and get a clean start. But not everyone can qualify for Chapter 7 bankruptcy eligibility. Knowing who is eligible for a Chapter 7 bankruptcy depends…
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Rebuilding Credit After Bankruptcy
March 31st, 2022
Many Connecticut residents could see substantial relief from their debts by filing for bankruptcy, but they don’t because they are afraid doing so will destroy their credit. Here’s what you need to know about what a bankruptcy discharge will do t…
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What Do You Lose When You File Bankruptcy?
February 18th, 2022
There is a lot of confusing information out there about what happens to your property once the Bankruptcy Court gets a hold of it. This may lead you to think you will lose everything when you file bankruptcy. The truth is much more reasonable. By wor…
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