Filing bankruptcy can be complex. You will be required to gather financial records and agreements dating back many years. You will be required to pass a financial means test to determine whether you qualify for a Chapter 7 bankruptcy to eliminate your debt, or must petition for Chapter 13 to restructure an affordable court-supervised repayment plan with your creditors. Allingham, Readyoff & Henry, LLC handles every aspect of your bankruptcy petition, from initial record gathering and means test through the final discharge hearings.
Here's the first benefit of the process. When you retain us to represent you, your creditors will be required by law to deal directly with us for all future collections. No more harassing phone calls at dinnertime or collections letters in the daily mail. When they call, you tell them you have a lawyer. Under the law, it's the last you will hear from them.
We handle everything about the initial petition. A legal petition for bankruptcy can be as long as 60 pages and require financial details that are confusing and frustrating. We won't send you home and ask you to come back with the forms filled out. We want to understand your circumstances and your financial needs. The best way to do that is to work directly with you as we fill in the blanks and discuss your financial circumstances in detail. Your creditors and bankruptcy judge will uncover everything, so we know how important it is to avoid delays and restarts. Our experienced Connecticut bankruptcy attorney will get everything right before we submit your petition to the courts.
The Legal Negotiation, Creditors Hearings and Motions
Don't worry, we will attend all necessary hearings and court appointments during this part of the process, pursuant to our legal contract. This part of the legal process typically takes anywhere from three to six months.
The 341 Hearing
It is likely that the only time you will be required to appear in court is at your 341 hearing. This hearing will take place in Bridgeport, Hartford or New Haven, Connecticut. You will be asked to answer some questions from a Trustee directly but don't worry, your attorney will be present to advise you every step of the way. In most cases, the 341 hearing is a routine proceeding on the way to the final discharge of the debt (Chapter 7) or the final restructuring of a court-supervised repayment plan (Chapter 13).
The Fresh Start You Need
Is bankruptcy your best option? If you have tried everything else, including loan modification and debt-refinancing plans, talk to an experienced debt relief bankruptcy lawyer at the law firm of Allingham, Readyoff & Henry, LLC located in New Milford, Connecticut.
We are a debt relief law firm. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.