Connecticut Chapter 13 Bankruptcy Lawyer
Financial struggles cause intense stress. If your drowning in debt with nowhere to turn you may begin to wonder – what can I do? Am I doomed to live straddled by my debts forever? How will I support my family? How much longer can I pay minimum monthly payments before my credit cards are maxed? Look, life happens, things happen that require us to put ourselves in a tight bind financially, but we do have options. Filing for bankruptcy is an option. Start with contacting a trusted attorney. Hartford attorney Susan M. Williams has 30 years of experience helping clients with all issues related to debt relief.
What Is Debt Restructuring?
When you file for chapter 13 bankruptcy your debts are restricted. All your debts are combined and you have the ability to keep assets – if you choose – as long as you continue to pay for them. Assets such as you home, automobile, or business investments can be protected through a chapter 13 bankruptcy. When your debts are restructured a bankruptcy trustee helps you develop a repayment plan. Your repayment plan should be manageable and help you pay off your debts in a timely fashion. In some cases, after five years have passed debts remaining are wiped clear. However, child support, government or IRS debts, and student loans are rarely included in any bankruptcy proceedings.
Hartford, Connecticut Debt Restructuring Attorney
If you or a family member are considering filing for bankruptcy, allow our attorney and staff to guide you through each step of the bankruptcy process, giving you easy-to-follow instructions that detail your responsibilities and obligations. You will always know what is going on in your case and, if you ever have questions, rest assured that we are here to answer them. We take pride in providing our clients with the personal attention they deserve. Call Susan M. Williams in Hartford, Connecticut to schedule a free consultation at 860-265-4764.