BANKRUPTCY LAWYER SERVING STAMFORD, CONNECTICUT
Many Stamford, CT residents have been affected by tough economic times. If you are one of them, you have probably experienced the stress that comes with mounting credit card bills, endless phone calls and letters from creditors, and the threat of foreclosure. If you are finding it hard to make ends meet, filing for personal bankruptcy may be your key to regaining control of your financial situation. Bankruptcy can put a stop to creditor harassment, end foreclosure, and get you back on track to a brighter financial future.
The Law Offices of Mark M. Kratter, LLC, offers comprehensive legal counsel for Stamford residents considering bankruptcy. We provide free initial consultations and flexible appointment scheduling, and are ready to put our years of experience to work for you.
What is personal bankruptcy?
The two most common forms of personal bankruptcy in Connecticut are Chapter 13 and Chapter 7 bankruptcy. Each requires you to determine which of your assets are exempt. In Chapter 7 filings, your non-exempt assets may be liquidated as part of your bankruptcy filing to pay off your creditors, often at a much lower balance than what you currently owe. In Chapter 13 bankruptcy, the value of your non-exempt assets is used to develop a repayment plan. Upon successful completion of your repayment plan, any remaining eligible debts are discharged, meaning you don't have to pay them. An example of an exempt asset may be your primary residence or your car.
Whether you are filing for Chapter 7 or Chapter 13 bankruptcy, a knowledgeable Stamford bankruptcy lawyer can help you through every stage of the bankruptcy process, by acting as your representative and counsel and fighting for a favorable outcome. In our years serving Stamford, CT residents, The Law Offices of Mark M. Kratter, LLC has cultivated a reputation as one of the area's most respected bankruptcy firms.
Bankruptcy doesn't have to be stressful
When you retain the services of The Law Offices of Mark M. Kratter, LLC, we'll do everything we can to make the personal bankruptcy process as quick and painless as possible. We'll work to put a stop to creditor harassment, wage garnishment, and other collection actions against you as we get you back on track to your future financial goals.
Contact us today for a free consultation
It costs you nothing to speak to an experienced Stamford, CT bankruptcy attorney about your options. To schedule an appointment with The Law Offices of Mark M. Kratter, LLC, contact us today at 203-286-4623.