DARIEN, CT BANKRUPTCY LAWYER

If you're facing financial difficulties, it may seem like there's no way out of your current situation. Harassing phone calls and threats of foreclosure can add a great deal of stress during an already painful time. But for clients from Darien, CT filing for personal bankruptcy with the help of a skilled bankruptcy lawyer can give you a fresh start on your finances, put a stop to foreclosure, and get you back on track to a healthier financial future.

At The Law Offices of Mark M. Kratter, LLC, we represent clients from Darien and throughout Southern Connecticut who need relief from their debts. We offer flexible appointment scheduling options and free initial consultations, so it costs you nothing to speak to a seasoned Connecticut bankruptcy attorney about your financial situation. We'll help you understand your options and make informed decisions about personal bankruptcy.

Filing for personal bankruptcy in Connecticut

When you file for bankruptcy in Darien, CT, the bankruptcy court will issue what is called an automatic stay. The automatic stay prohibits your creditors from taking any collection actions against you, including phone calls, letters, and most importantly, foreclosure and repossession. This buys you valuable time to work with your bankruptcy attorney and establish a game plan for keeping your home. The Connecticut bankruptcy court will order an automatic stay whether you file for Chapter 13 or Chapter 7 bankruptcy, and your bankruptcy lawyer will help you determine which is right for your situation.

Chapter 7 or Chapter 13?

When you file for Chapter 7 bankruptcy, your non-exempt assets can be liquidated to repay your creditors, usually at a greatly reduced balance. Many assets, such as your primary residence, are exempt, meaning you can't be forced to sell them as part of your Chapter 7 bankruptcy filing.

In Chapter 13 bankruptcy, you'll establish a repayment plan that will satisfy the Connecticut bankruptcy courts and your creditors. When you've satisfied the terms of your Chapter 13 bankruptcy repayment plan, any remaining eligible debts will be discharged, meaning you won't have to pay them. Your bankruptcy attorney will help you develop a repayment plan tailored to your needs and budget.

Contact us today for a free consultation

Let us take some of the burden off your shoulders. Contact The Law Offices of Mark M. Kratter, LLC, at 203-678-8135 today.