Frequently Asked Questions

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

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.

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.

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.

Connecticut’s homestead exemption protects equity — albeit up to a certain amount — in property that serves as your primary residence.

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

You may exempt a certain amount of equity in your car.

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

No, though homeowners who are underemployed or unemployed may seek protection from foreclosure and/or modification of mortgage terms.

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.”

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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.