Discussing finances can be comfortable, so no one really likes to talk about debt. Just mentioning the word bankruptcy might even feel taboo. Unfortunately, this perspective can make it even harder for someone to take necessary action when paying off debt becomes...
Month: February 2020
Bankruptcy is more likely without financial literacy
On Behalf of Ambrogio, Pletter & Associates, LLC | Feb 19, 2020 | Bankruptcy
Adults in Connecticut probably assume that they understand the basics of their finances. Many might even think they know quite a bit on the subject. Unfortunately, a lot of people understand far less about finances than they realize. A general lack of financial...
High-income households not immune to bankruptcy
On Behalf of Ambrogio, Pletter & Associates, LLC | Feb 12, 2020 | Bankruptcy
There are plenty of misconceptions when it comes to debt. One of those misconceptions is that Connecticut residents with higher incomes have enough disposable income to not even take on that much debt in the first place. And if they do bankruptcy is not an option...
Bankruptcy and millennials — it’s not just about student loans
On Behalf of Ambrogio, Pletter & Associates, LLC | Feb 5, 2020 | Bankruptcy
For millennials, it might just feel as if there are opportunities for new credit cards around every corner. This is unfortunately not that far off from reality, so adults regularly use credit cards for making large and even everyday purchases. But credit card debt can...

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