Windsor, CT Bankruptcy Attorney Guides Clients Through Filing Process

Susan M. Williams, LLC, an experienced bankruptcy lawyer in the Windsor area, offers her debt relief knowledge and legal advice to those who are going through a difficult financial time in Connecticut. Attorney Williams can help you determine the best possible decision for you, your family, or your business.

There are important differences between filing bankruptcy under Chapter 7, Chapter 11, Chapter 13, and Attorney Williams can explain which one is best suited to your needs. Or, if you recently filed, you may have questions regarding the next step in regaining financial grounding. Attorney Williams is with you every step of the way. Let the Hartford law office of Susan M. Williams help you to move past financial instability. Contact us to learn more.

Difference Between Bankruptcy Chapters

Since there are many options and decisions to make during the bankruptcy process, it is in your best interest to speak with a Connecticut bankruptcy attorney before filing. The difference between commonly-filed chapters are as follows:

• Chapter 7: This is filed to allow the debtor a fresh start. The debtor is able to wipe out or discharge unsecured debt such as credit card obligations, medical bills, past due utilities, personal loans, deficiencies on mortgages or auto loans and certain taxes. These obligations are not paid back.

• Chapter 11: Businesses may use bankruptcy to reorganize their finances. This is the only option for limited liability companies, corporations, and partnership entities.

• Chapter 13: This chapter is considered a reorganization of debt and is commonly used to assist a property owner in bringing a past due mortgage current. Sometimes, it is used to protect an important asset that could be lost if the debtor were to file a chapter seven.

There are other ways to file for bankruptcy, as well. If you are considering bankruptcy for your individual or business financial needs, it would be in your best interest to speak with a knowledgeable bankruptcy attorney.

Speak With a Windsor, CT Bankruptcy Attorney

The Hartford law office of Susan M. Williams, LLC is waiting to serve your needs and answer your financial questions. We understand how a difficult financial time can put strain on the whole family. Let us help you by efficiently navigating the complex bankruptcy legal system. You deserve a fresh start and we may be able to help you obtain that faster. Call our law office at 860-265-4764 for a consultation, free of charge, or contact us online. We look forward to hearing from you.