kata5482 Posted November 7, 2007 Report Share Posted November 7, 2007 any recommendations for a bk lawyer in Connecticut? Considering filing chapter 13 and need to speak with him. I tried talking with the creditors but 2 of them don't have hardship programs and don't really want to work with me, and those 2 alone are the chunk of my debt (18k). I'm still young, so hopefully by the time i get this dismissed i will be in good shape to get a house and what not. Need to get this taken care of soon, as reading up... credit counseling does not seem to be a feasible option for me. Thanks in advanceRob Link to comment Share on other sites More sharing options...
PCS Posted November 7, 2007 Report Share Posted November 7, 2007 If I were you I would look for the facts before filing bankruptcy. If you could file chapter 7 then great. I would not advise anyone to file chapter 13 unless you own a house that has a ton of equity. If you own a house and you have no equity and you are going to be foreclosed on find a new place to live. Chapter 13 is nothing less than a prison sentence and a way for trustee's and attorney's to take your money and make it worse.The fact is 78% of people that file chapter 13 can not meet the requirments the court sets and they get kicked out after paying in thousand of dollars to the trustee's and attorney's and yes they still owe the debt they filed on. I have helped hundreds of people get out of bankruptcy most of them were at there breaking point. You Link to comment Share on other sites More sharing options...
lisajt66 Posted November 7, 2007 Report Share Posted November 7, 2007 Francis Lamboley, Olde Dixwell Avenue, Hamden Link to comment Share on other sites More sharing options...
LadynRed Posted November 8, 2007 Report Share Posted November 8, 2007 Avoiding a Ch 13 and qualifying for a Ch 7 are not all that easy these days. You need to to find out if your income is below the state median income, if it is, you have a good chance of qualifying for a Ch 7, otherwise you'll be stuck with a Ch 13. Ch 13 is no picnic, but it's hardly a prison sentence and the Trustees are NOT out to 'get your money' for themselves, it's their JOB to get money for your CREDITORS. Going to some 'debt fixer' isn't the answer either, they usually cost a lot and you gain little from them, and they can NOT keep you from being sued. You can find a CT BK attorney by going to www.NACBA.com. There's also lots of information there.You ARE required to go for a 30-60 minute credit counseling session prior to filing, but you can do that on-line, over the phone or in person, just as long as you do it within 6 months of filing and you get your certificate to file with your petition. Link to comment Share on other sites More sharing options...
kata5482 Posted November 8, 2007 Author Report Share Posted November 8, 2007 Avoiding a Ch 13 and qualifying for a Ch 7 are not all that easy these days. You need to to find out if your income is below the state median income, if it is, you have a good chance of qualifying for a Ch 7, otherwise you'll be stuck with a Ch 13. Ch 13 is no picnic, but it's hardly a prison sentence and the Trustees are NOT out to 'get your money' for themselves, it's their JOB to get money for your CREDITORS. Going to some 'debt fixer' isn't the answer either, they usually cost a lot and you gain little from them, and they can NOT keep you from being sued. You can find a CT BK attorney by going to www.NACBA.com. There's also lots of information there.You ARE required to go for a 30-60 minute credit counseling session prior to filing, but you can do that on-line, over the phone or in person, just as long as you do it within 6 months of filing and you get your certificate to file with your petition.I am above the median, so a 13 i believe is in my favor. I need to talk to an attorney and see what the deal is. Thanks for your help guys. My assumption is that people that file for chapter 13 only do so because they shot for a chapter 7 but didnt make it and didn't want to participate in chapter 13 in the first place. I am planning for a chapter 13, have already adjusted my lifestyle to live on cash only and be a lot more conservative with my spending. With the credit cards and student loans, I dug myelf into a ditch. I need to get out, i am current with a couple cards and behind on a couple cards. Interest rates and minimum payments are killing me.While looking at the IRS tables.. i take my gross income and i can basically subtract all the allowables they have? I have student loans as well, i need to fit those in somehow. I'm not sure how a bankruptcy would work with my student loans as i know i need to pay those off, and thats another $475 /mo. I need to find out if that is accounted for before they figure out how much I need to pay each month Link to comment Share on other sites More sharing options...
LadynRed Posted November 8, 2007 Report Share Posted November 8, 2007 Student loans are not dischargable and you can probably get them deferred until your Ch 13 is over, however, you'll probably get slammed with accumulated interest. You should be able to put the student loan payments into your plan though, as they know you have to pay them and they can't be discharged. Link to comment Share on other sites More sharing options...
kata5482 Posted November 30, 2007 Author Report Share Posted November 30, 2007 one quick question.... if filing chapter 13... for the payments of disposable income... how does that work? do they garnish your wages? do you write a check each month? Link to comment Share on other sites More sharing options...
LadynRed Posted December 1, 2007 Report Share Posted December 1, 2007 Depends on the Ch 13 Trustee. In my district, all Ch 13 payments have to be paid thru wage deduction - they don't call it garnishment. You need to do some research on what is typical in your area. Link to comment Share on other sites More sharing options...
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