Bankruptcy Fact or Fiction?

A Connecticut Bankruptcy Lawyer Can Help

Many people have preconceived notions and irrational fears about bankruptcy, which hold them back from taking advantage of the legal opportunity to avoid foreclosure, and gain a debt free financial fresh start. Connecticut bankruptcy attorney William E. Carter of the Law Office of William E. Carter has guided countless of his honest, hard working neighbors, just like you, through the process of reducing or eliminating their debt, improving their credit scores, and getting back to living life. The sooner you call our office, the sooner we can answer your questions and help you dispel the myths of bankruptcy to determine if Chapter 7 bankruptcy or Chapter 13 bankruptcy is the best course of action for your circumstance.

Myth 1—Connecticut bankruptcy represents a personal and moral failure.

More than 90% of all Connecticut bankruptcy filings are traceable to job loss, illness, and divorce—factors largely out of your control. Bad things do happen to honest, good people. You have the option to take the proactive steps and turn your financial dilemma around.

Myth 2—Connecticut bankruptcy is difficult.

Bankruptcy laws are extremely complicated and change quickly. With our cutting-edge technologies, insightful perspectives and experience, the process is straightforward, and dignified.

Myth 3—I will lose everything I own if I file for Connecticut bankruptcy.

The overwhelming majority of individuals keep their personal property and other assets. At the Law Office of William E. Carter, we are experienced in applying bankruptcy exemptions enabling you to retain your home, car, pensions and other assets.

Myth 4—Married couples must file Connecticut bankruptcy together.

Spouses do not have to file a joint case. When only one spouse files, you need the careful attention of William E. Carter to determine what property to treat as property of the bankruptcy estate.

Myth 5—People who file Connecticut bankruptcy cannot get credit for 10 years.

Not true at all. In a Chapter 13 bankruptcy filing, individuals can borrow money during the case. After a Chapter 7 bankruptcy discharge, credit card offers are multiple. At the Law Office of William E. Carter, we follow-up with our clients to help you rebuild your credit, and share in your joy as your credit score improves.

Bankruptcy laws are in place to help productive members of the community we share get back on their feet. You can put a stop to harassing and stressful phone calls from creditors with one phone call of your own. Call Connecticut bankruptcy lawyer William E. Carter at the Law Office of William E. Carter today for immediate assistance.