home button about button faq button forms button contact button

Image of Christopher Carrozzella at his desk

We will do our part to make sure that you get the best legal representation possible.

CT Trial Lawyers Assoc. (CTLA) logo
CT Trial Lawyers Association

Connecticut Bar Association logo

Connecticut Judicial Branch logo
State of CT Judicial Branch


Should I File for Bankruptcy?

Just because money is tight and you have some bills and credit cards to pay doesn't mean you need to take the extreme measure of filing for bankruptcy in Connecticut. Many people make the mistake of thinking that by filing for bankruptcy all their debt is wiped clean and all their troubles are over. The fact is bankruptcy can have serious consequences should you choose to file a Ch. 7 or Ch. 13 bankruptcy in the state of Connecticut and if you have the means of paying off your debt, even if it takes some time and effort, you are much better off not filing for bankruptcy. Also, in some cases if you make under a certain amount of money you may already be protected from creditors and won't have to file a bankruptcy.

Don't Ruin Your Credit, Pay Attention

If your income is low and you have very few assets you probably don't need to file for bankruptcy. If you don't own a home, have a car that is worth more than $3,500 and take home less than $330 a week or your income is derived from social security then you are probably protected from creditors and really have no need to file for bankruptcy. Filing a Ch. 7 or Ch. 13 bankruptcy can ruin your credit for years to come and should your luck change and you suddenly want to buy a home or car you probably won't be able to get a loan or credit because the bankruptcy filing will be on your credit history for 10 years. Consult with a bankruptcy attorney before you decide to file to find out if you are already protected from creditors and won't need to file.

Also give consideration to who you owe money to and find out which of those debts can be erased by filing for bankruptcy. Bankruptcy can get rid of unsecured debts that include: medical bills, credit card bills, utility bills and personal loans. However, bankruptcy will not protect you from: child support, alimony, most student loans, most taxes, secured debts and criminal fines. Prior to filing a bankruptcy most people will have to undergo credit counseling and will also need to prove to a bankruptcy court that they cannot fulfill their debt obligations. If you own property, cars and other valuables or are about to inherit money your may be denied bankruptcy protection so keep this in mind before proceeding.

Make an Appointment With Chris Carrozzella

Your best bet for deciding if you should file for bankruptcy is to make an appointment with an experienced bankruptcy attorney in Connecticut. Bankruptcy can be a complicated and taxing process and if you don't have the experience of a trained bankruptcy lawyer to help with guidance you could make a number of mistakes that will only make your situation worse. If you are considering filing a Ch. 7 or Ch. 13 bankruptcy in Connecticut contact bankruptcy attorney Chris Carrozzella today and get the information and counseling you need to make the right decision.

Back to Main


*Free Initial Consultation*
Evening & Weekend Appointments Available

Image of Chris Carrozzella in front of columns

National Assoc. of Consumer Bankruptcy Attorneys logo

New Haven County Bar Assoc. logo
New Haven County
Bar Association

The spirit of CJ foundation logo