{Consumer Bankruptcy Tips}

When the creditor who harassed you claims in Bankruptcy Court he didn’t mean to violate the automatic stay, the Bankruptcy Judge will side with you and award damges.

Soon after you file bankruptcy, you should expect new bills and phone calls from creditors to stop.  Sometimes they don’t.  Why?  They hope you’ll pay them anyway…without consulting your attorney, and sometimes people in bankruptcy do this. Remember, once you file your petition, the  court imposes an “automatic stay” against creditors.  It stops all collection [...]

You may have recently heard news about the Credit CARD Reform Act of 2009.  It just went into effect on February 22, 2010 and is intended to provide various protections to consumers to combat the wily tricks of the credit card companies. Here’s a great cartoon video (which I saw posted on the Center for [...]

As discussed in a previous post on this blog, most Connecticut residents who file for bankruptcy do not actually need to to go Bankruptcy Court and go before a Bankruptcy Judge.  Rather instead, your only in-person interaction with bankruptcy officials comes at your 341 Meeting of Creditors when you meet with the trustee for your [...]

Most Connecticut residents who file for bankruptcy do not have to go to the Bankruptcy Court in Connecticut.  That’s because most bankruptcy cases are filed electronically in Connecticut and in the rest of the United States. But don’t you have to go somewhere official if you file for bankruptcy? YES. You have to go to [...]

One of the first things that happens in a bankruptcy case in Connecticut after the debtor has filed a petition, is a “Meeting of Creditors,” also know as a “341 Meeting” which refers to Section 341 of the Bankruptcy Code. What happens at a 341 Meeting and what’s the experience like? A 341 Meeting is a [...]

If you file for bankruptcy in Connecticut or anywhere else, then one piece of information you need to know is your “household size.” Why is household size so important?  Because of the Means Test. Under the Means Test, you can file for Chapter 7 bankruptcy only if your monthly income is below the monthly median [...]

Get the Bankruptcy Law Network iPhone App at the iTunes Store

You can check your credit by requesting a report from the three main credit reporting companies (also sometimes referred to as “credit bureaus”).  Note:  Be aware that these are private companies, not government agencies. And the best starting point for requesting your credit report is www.annualcreditreport.com.  Don’t bother with that other service.  While they may give [...]

At the end of each of my blog posts, I include an invitation to contact me for a free initial consultation. So I thought you might be curious to know a little more about what happens at this initial consultation. You enter the office, worried about your finances, stressed from harassing calls from debt collectors, [...]