FAQ


CONTACT A HARTFORD BANKRUPTCY & REAL ESTATE LAWYER

Frequently Asked Questions


JGC


  • Does the Jonathan G. Cohen Law Firm offer free consultations?

    Yes! At the Jonathan G. Cohen Law Firm, your initial consultation is always free.

  • What’s the deal with credit counseling?

    Before you can qualify for Chapter 7 or Chapter 13 bankruptcy relief, you must demonstrate that you received credit counseling from an agency approved by the U.S. Trustee in Connecticut within six months prior to filing.

  • What does the means test look like in Connecticut?

    If you decide to file for bankruptcy in the state of Connecticut, you’ll be required to compare your income to the median income for a household of your size. If your income is less than the median, you’ll be eligible to file for Chapter 7 bankruptcy.

  • Can I choose between state and federal exemptions?

    Yes! Connecticut is one of few states that allow debtors the option of choosing between state and federal bankruptcy exemptions. Keep in mind, however, that you may not choose both.

  • Which types of personal property may I exempt?

    You may exempt appliances, clothing, furniture, health aids, residential security deposits and wedding and/or engagement rings, among others.

  • Does the state of Connecticut offer a “wildcard” exemption?

    Yes! Call our experienced bankruptcy attorney at (860) 527-8900 to learn more about Connecticut’s “wildcard” exemption.

  • What is a “deficiency” after foreclosure?

    Unfortunately, when a lender forecloses on a home, the total debt owed by the borrower often exceeds the final sale price. The difference between the sale price and the outstanding amount of debt is called a “deficiency.”

Other Questions?

Real Estate & Bankruptcy Attorney FAQs

The Jonathan G. Cohen Law Firm represents Hartford clients in cases involving bankruptcy and real estate law. Call (860) 527-8900 to schedule your free consultation.

(860) 527-8900
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