class="design blog blogEntryListing blog-entry-listing"
The Law Offices Of Ambrogio, Pletter & Associates, llc
Call Today For A Free Consultation
203-502-7436
Toggle Our Practice Areas

September 2017 Archives

Were these consumers made aware of Chapter 7 bankruptcy?

When a Connecticut resident is in need of bankruptcy services, the initial stages of that process involve a consultation with a bankruptcy attorney. That professional will review the consumer's financial information, and provide a recommendation about which type of bankruptcy is appropriate. Very often, consumers with no sizable assets are advised to pursue Chapter 7 bankruptcy, which can lead to the elimination of many forms of unsecured debt.

Even responsible consumers sometimes require debt relief

When most Connecticut residents think about insurmountable debt, they often envision an individual who has embraced indiscriminate spending and other questionable actions. In reality, however, many people find themselves in serious need of debt relief, even those who have carefully managed their money throughout their adult lives. According to a recent survey, 38 percent of Americans who have a credit score at or above 660 are currently struggling with high credit card debt.

Chapter 7 bankruptcy as an estate planning option

For most Connecticut residents, estate planning and bankruptcy are two distinct sets of needs, with very little crossover between the two. That said, there are circumstances in which Chapter 7 bankruptcy can play a powerful role in the estate planning process. With proper planning, it is possible to pass down wealth from one generation to the next, without placing those assets at risk for loss.

Is personal bankruptcy better than debt settlement?

Faced with a mountain of debt, many Connecticut residents are looking for a way out. Among the available options are personal bankruptcy and debt settlement. It is important to understand the differences between the two when charting a course of action. In many ways, personal bankruptcy offers a better path out of debt than most settlement plans.

Contact Us

To arrange a free consultation with an experienced Connecticut bankruptcy lawyer, call 203-502-7436 or fill out this form.

Get Started Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Ambrogio, Pletter & Associates, LLC
2019 Main Street
Stratford, CT 06615

Phone: 203-502-7436
Fax: 203-612-9200
Stratford Law Office Map