(And One Good Reason Why You Should) Do you have a business that is in a corporation? Is it failing and you think you need to file a bankruptcy case to get rid of the business debts? Don’t! Why shouldn’t you file a bankruptcy for a corporation? Let me count the ways: No Discharge of [...]
Eugene S. Melchionne, Connecticut Bankruptcy Lawyer
You’ve had to file bankruptcy before, but now you need that emergency relief again. How long do you have to wait between bankruptcy cases? It used to be that the rule was simple; you only had to wait 6 years between Chapter 7 cases. Now there is a more complicated rule of 2, 4, 6, [...]
Need protection of the bankruptcy automatic stay, but you’ve filed for bankruptcy before? There are complex rules that cover when you are protected and when you are not. Safe At The Plate Generally speaking every bankruptcy filing results in a stay of all actions against you automatically. {You can read the code section – 11 [...]
Is it time for Bankruptcy? You are at the end of your rope. Nothing you have tried seems to work. You can’t duck the collectors, and you don’t have the ability to pay them anything meaningful. But you have something to lose, even if it is only part of your paycheck. You don’t want to [...]
So you have no money. You”ve come to that realization. You’ve sat down and figured out your goals – you know where you want to go. So, what now? If you have nothing to lose, then you have nothing to lose by doing nothing. A valid option that can apply to some people is to [...]