Owing money just before and during retirement is more common than people may think. In fact, 2016 data showed that 70 percent of U.S. households headed by people between 65 and 74 years of age were holding some amount of debt. Even for households headed by...
Month: July 2018
Choosing between personal bankruptcy and debt consolidation
On Behalf of Ambrogio, Pletter & Associates, LLC | Jul 16, 2018 | Personal Bankruptcy
When choosing whether or not to file for bankruptcy, most people consider a few different options. One of the most common considerations is debt consolidation. This refers to taking on new debt to cover old debt, combining most or all outstanding balances under one...
The effects of student loan co-signing on debt management
On Behalf of Ambrogio, Pletter & Associates, LLC | Jul 8, 2018 | Debt Management
When children or relatives go off to college, it is often an exciting and expensive time. Some people may be approached during this period to co-sign on a student loan or on student loan refinancing. Since student debt is a common debt management issue across...
Balancing debt management with long-term savings
On Behalf of Ambrogio, Pletter & Associates, LLC | Jul 5, 2018 | Debt Management
Fitting debt into a monthly budget can be a difficult task. Many people in Connecticut struggle with balancing debt management with other priorities, like saving for the future. Here are a few tips for those struggling with saving for retirement and paying off...
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