Latest News 2010 May More in Connecticut Filing for Bankruptcy Protection

More in Connecticut Filing for Bankruptcy Protection

The number of Connecticut residents filing for Chapter 7 bankruptcy protection has increased 51% in the first three quarters of 2009 from the same time the year before. The number of Chapter 7 filings makes this the highest level since 2005. Many people have lost work wages and, as a result, have relied on credit cards which have increased their debt. Chapter 7 bankruptcy filing is the most common option for those individuals who are seeking debt relief.

It's never easy to find yourself in the position of needing to file for bankruptcy no matter where you are in life. However, it's important to understand that filing for bankruptcy does not have to be the end, but can be a chance at a new beginning. You need to know that you do have rights to protect during this difficult time, but can do so when you know how to handle your case. You will be able to recover from this difficult part of your life. By working with a bankruptcy lawyer, you will be able to resolve this matter in the most beneficial and timely manner. You can count on an attorney to know how to approach your specific situation and be able to guide you through it. A lawyer will always have your best interest in mind while fighting for your rights. Please take some time today to contact a bankruptcy attorney today to begin discussing the details of your case.