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November 20, 2008

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Bankruptcy Resources

The best way to inform yourself about Connecticut Bankruptcy Law and Bankruptcy related topics. Our Bankruptcy Resource Center includes the following sites for your personal use:

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Did You Know?

Repossession is the power of the creditor to take back goods
There are two types of loans: secured and unsecured. A secured loan is one that requires you to pledge something as collateral. For example, if you purchase a car, the creditor will usually require you to put up the car as collateral. On the other hand, an unsecured loan, does not require collateral. Using a credit card is usually an unsecured loan.

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	News about Bankruptcy in Connecticut and nationwide: Attorney General Advocates Pay Raise for Federal Judges January 18, 2007 — Attorney General Alberto R. Gonzales said he thinks federal judges should receive a pay raise. His comments about judges'... Read more > President Signs Bankruptcy Abuse Prevention, Consumer Protection Act I'm pleased to be joined today by the Attorney General Al Gonzales. I want to thank the bill sponsors in the House and the Senate -- Senator ... Read more > Customers of Enron-related REPs Protected Safeguards Approved for 13,500 non-residential Customers Wednesday March 6, 2002 The Public Utility Commission (PUC) on Wednesday issued an interim order approving a procedure to allow for the transfer of... Read more > More Bankruptcy News >

Bankruptcy Terms

Today's Terms

Chapter Seven

Definition:
Liquidation proceedings; generally assets are sold by a trustee and the company ceases operation. (Individuals may file Chapter 7 also.)

Reverse leveraged buyout

Definition:
When a company that was a leveraged buyout restructures its (usually unmanageable) debt by issuing new equity (usually in exchange for some or all of the outstanding debt incurred during the original leveraged buyout).

Cash collateral

Definition:
Cash and cash equivalents held by the debtor in Chapter 11 subject to liens of other parties.

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Bankruptcy Resources

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Bankruptcy Hot Topics

Topics Related to Bankruptcy:

Chapter 7
Chapter 13
Chapter 11
Chapter 12
Chapter 9

Connecticut Bankruptcy Attorney

If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

Branford
Bridgeport
Bristol
Cheshire
Danbury
East Hartford
East Haven
Enfield
Fairfield
Glastonbury
Greenwich
Groton
Guilford
Hamden
Hartford
Manchester
Meriden
Middletown
Milford
Naugatuck
New Britain
New Haven

New London
New Milford
Newington
North Haven
Norwalk
Norwich
Ridgefield
Shelton
South Windsor
Southington
Stamford
Stratford
Torrington
Trumbull
Vernon Rockville
Wallingford
Waterbury
West Haven
Westport
Wethersfield
Windsor

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Connecticut Bankruptcy Lawyers.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

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