Top East Haven, CT Chapter 7 Business Bankruptcy Lawyers Near You
Relief, Restoration, Repair & Renewal
658 Broad Street, Meriden, CT 06450
2 Congress Street, First Floor, Hartford, CT 06114
2679 Whitney Ave, Hamden, CT 06518
900 Chapel St, 10th Floor, New Haven, CT 06510
20 Church Street, Suite 780, Hartford, CT 06103
One Constitution Plaza, 5th Floor, Hartford, CT 06103
640 Main Street, Plantsville, CT 06479
100 Pearl Street, 10th Floor, Hartford, CT 06103
83 Main Street, East Haven, CT 06512
270 Farmington Ave, Suite 151, Farmington, CT 06032
657 Orange Center Rd, Orange, CT 06477
433 South Main Street, Suite 319, West Hartford, CT 06110
501 Boston Post Rd, Unit 23, Orange, CT 06477
20 Church Street, Hartford, CT 06103
155 Sycamore St., Glastonbury, CT 06033
185 Asylum Street, 38th Floor, Hartford, CT 06103
185 Asylum St, Suite 3701, Hartford, CT 06103
139 S Orange St, Fourth Floor, New Haven, CT 06510
One Century Tower, 265 Church St, New Haven, CT 06510
1 Audubon St, 3rd Floor, New Haven, CT 06511
One State Street, Hartford, CT 06103
Cityplace I, 185 Asylum Street, 36th Floor, Hartford, CT 06103
90 State House Square, Hartford, CT 06103
175 Church Street, Naugatuck, CT 06770
545 Long Wharf Drive, 9th Floor, New Haven, CT 06511
East Haven Chapter 7 Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.