Bankruptcy

Businesses owed money by individuals are often very assertive about collecting on those debts. Collection professionals can call people so frequently that it feels like harassment. They send strongly-worded letters meant to intimidate people into paying. Those...

The decision to file for bankruptcy is often a very difficult one. People want to be responsible and to handle their financial obligations without assistance. However, factors outside of someone's control, ranging from health emergencies to unexpected job loss, might...

Filing for Chapter 7 bankruptcy may allow you to eliminate unsecured debts in a matter of weeks or months. It's also possible that you will be able to retain property such as a car or the equity in your Connecticut home. However, before you can file for bankruptcy,...

Many people in Connecticut and around the country are reluctant to file for bankruptcy even when their financial situations have become unmanageable and are unlikely to improve. This is often because they have been told that a Chapter 7 or Chapter 13 personal...

While filing for bankruptcy can have a negative impact on your credit score at first, proper planning and guidance can make bankruptcy an important first step in improving your credit over the long term. How Chapter 7 affects your credit score Chapter 7 is one of the...

The spread of the COVID-19 virus is weighing heavily on the minds of Americans. As schools, restaurants and other establishments temporarily close, Connecticut workers have even more to worry about. People living paycheck to paycheck or those who are already behind on...

American consumers set a brand new record in 2019, but it is not one that many people would be proud of. Last year, adults took on another $77 billion of credit card debt. When asked about what they would do to get rid of credit card debt, a number of people said they...

Buying a home is an accomplishment that homeowners should be proud of, but it is also an enormous undertaking. Houses require regular maintenance and upkeep, and since nothing in life is perfect, most homeowners in Connecticut can expect to deal with unexpected...

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...