You might be making what others describe as a living wage, but that does not mean you are not struggling. Many people in Connecticut who earn living and middle-class wages are faced with more debt than they know how to handle. Sometimes, it is through the slow...
Month: May 2019
Growing delinquencies could push young adults towards bankruptcy
On Behalf of Ambrogio, Pletter & Associates, LLC | May 22, 2019 | Bankruptcy
There is little denying the financial impact that the Great Recession had on certain generations. Compared to their parents, both Gen Z and millennials entered adulthood with more conservative attitudes toward finances and debt. However, as time has gone on and...
Is social media getting in the way of debt management?
On Behalf of Ambrogio, Pletter & Associates, LLC | May 15, 2019 | Debt Management
Debt is nothing new, but the levels of debt that many Americans now have are much higher than in the past. Credit card debt reached a record high of $834 billion in 2018, and student loan delinquency rates are not looking good either. The reasons behind these growing...
Could debt management increase your foreclosure risk?
On Behalf of Ambrogio, Pletter & Associates, LLC | May 6, 2019 | Foreclosure
Methods for dealing with debt are a popular topic of discussion on the internet. While some of these methods might be appropriate for a select group of people, they could be putting many others at risk for falling even deeper into debt than before. Home equity...
New consumer protection rules could help with debt management
On Behalf of Ambrogio, Pletter & Associates, LLC | May 1, 2019 | Debt Management
People in Connecticut with past-due bills are likely already familiar with creditors and their sometimes harassing collection attempts. While there are rules in place that are meant to protect consumers from abusive debt collection practices, the protections are not...
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