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When You File Bankruptcy You can choose the kind of bankruptcy that best meets your needs (provided you meet certain qualifications): Chapter 7 – A trustee is appointed to take over your property. Any property of value will be sold or turned into money to pay your creditors. You may be able to keep some...
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Q: What is bankruptcy? A: Bankruptcy is a legal process for people who cannot afford to pay their bills, and offers them a fresh start. The right to file for bankruptcy is granted by federal law, and all Connecticut bankruptcy cases are handled in federal courts located in New Haven, Bridgeport and Hartford. Q: How...
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Have civil litigation questions? Not sure about even just the basic steps in the civil litigation process? Get answers here! For starters, civil litigation, simply put, is a non-criminal matter in a court of law. It is the most popular area of practice amongst all legal professionals. All civil trials are governed by the Federal...
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With the 4th of July upon us, you are probably hoping to celebrate with friends and family. However, if you are on a tight budget, you might not have the money to go all-out on a party. Regardless, there are plenty of inexpensive ways that you can host or attend a great 4th of July party...
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Chapter 7 Bankruptcy is designed for people in financial difficulty who do not have the ability to pay back their existing debts (call or texted “Debtors”). The filing of a Chapter 7 petition is designed to result in a discharge of most of the debts you list on your bankruptcy petition. A discharge is a...
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Q: What is bankruptcy? A: Bankruptcy is a legal process for people who cannot afford to pay their bills, and offers them a fresh start. The right to file for bankruptcy is granted by federal law, and all Connecticut bankruptcy cases are handled in federal courts located in New Haven, Bridgeport and Hartford. Q: How...
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Most states allow homeowners that file for bankruptcy to protect their homes through the homestead exemption.  The homestead exemption works in Chapter 7 bankruptcy by allowing a homeowner that files for bankruptcy to protect the equity in their home.  The homestead exemption works in Chapter 13 bankruptcy as well.  In Chapter 13 bankruptcy, the amount...
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Foreclosure is a horrible experience for most people; you and your family can lose your home.  Your credit score will be severely impacted; also your family will have to find a new place to live.  The loss of money in an escrow account might also happen.  Escrow accounts are special accounts that lenders use to...
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Doing something new or different can be scary. You might not know what to expect, which can make you imagine the worst. If you are preparing for a meeting of the creditors or if you are taking your bankruptcy case to court, you naturally might feel nervous and unsure of how to act. The good...
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Have you tackled your wallet cleaning project, and are now looking for a bigger challenge? Consider cleaning out your home! When you’re living on a budget, every dollar counts! To make a little extra cash, you might want to consider partaking in the spring cleaning ritual and selling some of your old possessions. As the...
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