Credit card debt, medical bills, utility bills and other unsecured debts can cause a person's financial situations to quickly spiral out of control. If you are consumed with debt, obtain experienced legal help to learn how filing for bankruptcy can help eliminate your unsecured debts.
Since 1993, the law offices Mark M. Kratter, LLC, in Norwalk, Connecticut, have represented consumers just like you — overwhelmed with debt. Our law firm's bankruptcy attorney will apply years of experience and legal skills to help you obtain a fresh start. During an initial consultation, we will evaluate your financial situation to determine the best way to discharge your debts through Chapter 7 or Chapter 13 bankruptcy. Contact our law firm today to begin taking control of your financial situation.
Experienced Debt Discharge Lawyer Working for You
Unsecured debt, which includes credit card debt, unsecured loans and medical bills, is not backed up by any collateral. Consumers agree to repay creditors based on specific terms. If you have become overwhelmed with unmanageable amounts of unsecured debt, you might want to consider filing for Chapter 7 bankruptcy. This would allow your unsecured debts to be wiped away with no further obligation to your creditors once the discharge occurs.
If you have a regular income but not enough money to make your monthly payments, Chapter 13 bankruptcy might be the best solution for you. Generally, people who pursue debt relief through Chapter 13 bankruptcy only pay back a percentage of their unsecured debts.
On the other hand, secured debt is backed up by some sort of collateral, such as a home or a car. Many people with unmanageable amounts of secured debt choose to file Chapter 13 or Chapter 11 bankruptcy as a way to repay the arrearages and maintain their property.
Contact Our Firm's Norwalk, Connecticut, Chapter 13 Lawyers
If you are consumed with debt, we will evaluate your situation to understand if pursuing Chapter 7 or Chapter 13 debt relief is the right solution for you. Contact our Norwalk, Connecticut, law firm online or call 203-286-4623 to schedule a free initial consultation.
At Mark M. Kratter, LLC, we are committed to representing clients throughout Fairfield County, Connecticut, including the communities of Norwalk, Stamford, Greenwich, Westport, Redding, Wilton, Ridgefield, Darien, Weston, Fairfield, Danbury, Stratford, Monroe, Newtown, Bethel, New Canaan, Easton and Bridgeport.