Enfield Bankruptcy Attorney Guides Hartford County Residents through Chapter 7 Proceedings

Connecticut Bankruptcy Lawyer Experienced in Chapter 7

Those who plan on filing for chapter 7 bankruptcy in Connecticut will follow the same general process as those in other states, although there is some information specific to Connecticut that will need to be included on the forms. You will also need to be aware of the Connecticut bankruptcy exemptions and find an approved credit and debt counselor in Connecticut. If this sounds complex and daunting to you, contact Connecticut Bankruptcy Attorney Susan M. Williams for assistance.

Chapter 7 Bankruptcy in Connecticut

In the state of Connecticut, debtors can use either the federal bankruptcy exemptions, or the Connecticut state exemptions, but they cannot pick and choose from both lists. There are exemptions regarding a debtor's home and car, known as the Homestead Exemption and the Motor Vehicle Exemption. The amount of the exemptions varies according to county; for example, the standard mortgage or rent exemption for a family of four living in Hartford County is $1705, while it is $2575 in Fairfield County.

Means Test

When a person files for bankruptcy in Connecticut, you will be required to complete a means test, meaning that your income will be compared to the median income for a household of your size in Connecticut. If your income falls below the median, you'll be eligible to file for chapter 7. If your income is above the state's median income, you might still qualify for chapter 7, but you'll be asked to provide detailed information about your income, expenses, and payments on secured debts.

If you are considering chapter 7 bankruptcy in Hartford County but don't know where to begin, Attorney Susan M. Williams will examine your financial situation and recommend options that make the most sense for you and your family. Contact our firm online or call 860-265-4764 to schedule a free initial consultation today.