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
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...
Is bankruptcy the solution for jumbo mortgages?
On Behalf of Ambrogio, Pletter & Associates, LLC | Jan 22, 2020 | Bankruptcy
Owning a home is just one part of the American dream, but it often turns out to be more expensive than prospective homeowners in Connecticut expect. Finding a lender who is willing to offer fairly large mortgages might feel like the perfect solution to an expensive...
Why would someone with a good credit score file for bankruptcy?
On Behalf of Ambrogio, Pletter & Associates, LLC | Jan 15, 2020 | Bankruptcy
A person's credit score affects his or her ability to get a loan, obtain good interest rates and more. Not only do lenders view borrowers with good scores more favorably, they are also more likely to give those consumers access to more diverse credit offers. A record...
Student loans are disrupting adult’s lives — bankruptcy can help
On Behalf of Ambrogio, Pletter & Associates, LLC | Jan 8, 2020 | Bankruptcy
Living with debt is a daily struggle, especially for those who feel as if the cycle of debt will never end. It does not take long to end up in a situation where debt is the most defining aspect of a person's life. In fact, young adults in Connecticut are frequently...
Overspending is nudging consumers toward bankruptcy
On Behalf of Ambrogio, Pletter & Associates, LLC | Jan 1, 2020 | Bankruptcy
A budget is an important tool for managing personal finances. Many people in Connecticut already use budgets to track their bills, daily expenses and spending habits. This is an excellent habit that even more people should take advantage of, but it is not necessarily...
Could you discharge student loans in bankruptcy soon?
On Behalf of Ambrogio, Pletter & Associates, LLC | Dec 18, 2019 | Bankruptcy
Having a college degree is usually necessary for securing a good, well-paying job. But since most people in Connecticut have to take on student loans to get their degrees, getting that well-paying job might not even do much to advance a person's financial situation....
Bankruptcy: Will making financial New Year’s resolutions help?
On Behalf of Ambrogio, Pletter & Associates, LLC | Dec 10, 2019 | Bankruptcy
With New Year's Day and the end of 2019 less than a month away, some people are already thinking ahead to their 2020 resolutions. Weight loss and other forms of personal improvement are some of the most well-known resolutions, but they are far from the only popular...
The role of debt consolidation in bankruptcy
On Behalf of Ambrogio, Pletter & Associates, LLC | Dec 3, 2019 | Bankruptcy
Paying off all debts in the smallest amount of time might be the ideal situation, but it is not realistic for the vast majority of people. Instead, a person is more likely to make the minimum payments or even miss payments if he or she has too much debt. People who...
How financial confidence can lead to bankruptcy
On Behalf of Ambrogio, Pletter & Associates, LLC | Nov 24, 2019 | Bankruptcy
Things are not looking too bad for Americans right now. The economy is performing relatively well, unemployment rates are low and there fewer delinquent credit cards than in 2009. Despite this, many Connecticut consumers might not realize just how close they are to...
Categories
- Bankruptcy (44)
- Chapter 7 Bankruptcy (24)
- Debt Management (44)
- Debt Relief (11)
- Firm News (3)
- Foreclosure (9)
- Personal Bankruptcy (38)
- Real Estate (1)
Archives
- March 2024 (1)
- December 2023 (1)
- June 2023 (1)
- March 2023 (1)
- September 2022 (1)
- June 2022 (2)
- January 2022 (1)
- August 2021 (2)
- June 2021 (1)
- April 2021 (1)
- January 2021 (1)
- October 2020 (1)
- September 2020 (1)
- July 2020 (1)
- May 2020 (1)
- March 2020 (3)
- February 2020 (4)
- January 2020 (5)
- December 2019 (3)
- November 2019 (4)
- October 2019 (5)
- September 2019 (4)
- August 2019 (4)
- July 2019 (4)
- June 2019 (5)
- May 2019 (5)
- April 2019 (4)
- March 2019 (4)
- February 2019 (4)
- January 2019 (6)
- December 2018 (4)
- November 2018 (4)
- October 2018 (4)
- September 2018 (4)
- August 2018 (5)
- July 2018 (4)
- June 2018 (4)
- May 2018 (5)
- April 2018 (4)
- March 2018 (4)
- February 2018 (5)
- January 2018 (4)
- December 2017 (4)
- November 2017 (5)
- October 2017 (4)
- September 2017 (4)
- August 2017 (4)
- July 2017 (5)
- June 2017 (5)
- May 2017 (4)
- April 2017 (2)
- December 2011 (1)