The Connecticut bankruptcy laws are a bit different from the bankruptcy laws of other states of America and the main difference lies in the exemption of properties. There are three bankruptcy district courts in Connecticut that handle all types of bankruptcy cases for the permanent residents of the state. These three courts are located in Bridgeport, Hartford, and New Haven.
Claim In Bankruptcy
June 25, 2010 By
Claim in bankruptcy is the document that the creditors file to recoup the debts that is due to the debtor that has been declared as bankrupt. There are certain steps and a specific procedure that is followed to distribute the assets of the bankruptcy estate among the creditors in order to settle their claim.
Chapter 7 Bankruptcy Forms
June 25, 2010 By
Chapter 7 bankruptcy forms are the most common type of bankruptcy forms. In fact, the concept of bankruptcy that the common man has is defined in chapter 7 and is also known as straight bankruptcy because as per this bankruptcy code, all your assets are liquidated by the trustee, to pay off the debts that you owe to various creditors. The purpose of adding this type of bankruptcy code is to help people with dilapidated financial crisis to have a fresh start in their financial life.
California Bankruptcy Laws
June 25, 2010 By
California bankruptcy laws are the specific laws associated with various bankruptcy cases of the permanent residents of the state of California. The bankruptcy laws in the various states in the United States vary mostly in terms of properties that are exemptible. Some states are liberal, while some other states are very strict in this regard. Following are the exemptible properties as per the California bankruptcy laws.
Bankruptcy Record
June 25, 2010 By
There are times when people have to get information regarding a specific person if he or she has ever filed bankruptcy or not. In such cases, the checking the bankruptcy record will be a great help.
Do You Really Need A Bankruptcy Lawyer?
June 25, 2010 By
Gone are the days when people used to take filing bankruptcy as a “do-it-yourself” kind of project. These days, the laws have become so complicated that it is almost impossible for a person to handle his or her case without availing the valuable services of an expert bankruptcy lawyer.