A Generous Home Protection Explained

How Much Home Equity Can I Actually Protect? Connecticut allows a homeowner to protect up to $250,000 in home equity through the state’s current homestead exemption, doubling to $500,000 for married couples who co-own their home and file bankruptcy jointly. A Middletown bankruptcy lawyer can confirm this figure is considerably more generous than many other…

What Happens at a Connecticut Bankruptcy 341 Meeting

When someone files for bankruptcy in Connecticut, one of the required steps is attending a meeting of creditors, formally called a 341 meeting after the section of the Bankruptcy Code that requires it. This meeting is not a court hearing, does not take place before a judge, and is far less formal than most people…