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...
Debt Management
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...
Can I use a personal loan for debt management?
On behalf of Ambrogio, Pletter & Associates, LLC | Mar 13, 2019 | Debt Management
Juggling multiple monthly payments for various debts can be more than just stressful -- it can be financially crippling. Personal bankruptcy can be an effective debt management solution for Connecticut consumers who can no longer keep up with their monthly payments,...
Can I get out of foreclosure without filing bankruptcy?
On behalf of Ambrogio, Pletter & Associates, LLC | Jan 7, 2019 | Debt Management
Virtually no one plans to fall behind on their mortgage, and learning that you may lose your home because you did can be devastating. While bankruptcy is a valid choice for Connecticut homeowners who hope to stop foreclosure, it is not the only option at their...
What are the first debt management steps people can take?
On behalf of Ambrogio, Pletter & Associates, LLC | Sep 26, 2018 | Debt Management
Facing debt from multiple sources can be overwhelming. Some Connecticut borrowers are able to get a handle on their amounts owed with some simple debt management planning and cutting back. For others, the debt load is much heavier and can require more action, up...
Pros and cons of debt management plans
On behalf of Ambrogio, Pletter & Associates, LLC | Sep 4, 2018 | Debt Management
When people visit a professional to discuss financial issues, they are usually hoping to come out with some enhanced knowledge and and an awareness of the next steps to tackle their challenges. A debt management plan is a common way that professionals will work...
Balancing debt management with saving an emergency fund
On behalf of Ambrogio, Pletter & Associates, LLC | Aug 30, 2018 | Debt Management
One of the biggest challenges for people facing high debt loads is deciding whether to aggressively pay down debt or save some money to avoid needing another loan in the future. Connecticut individuals facing this debt management dilemma should consider...
Debt management tips for new graduates
On behalf of Ambrogio, Pletter & Associates, LLC | Aug 23, 2018 | Debt Management
The high cost of education and limited opportunity to earn income can make it difficult to have a healthy financial life in college. For Connecticut students, graduation often comes with major debt management questions. How much should they set aside for savings...
Prepare for retirement debt management while working
On behalf of Ambrogio, Pletter & Associates, LLC | Jul 26, 2018 | Debt Management
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...
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...

Categories
- Bankruptcy (40)
- Chapter 7 Bankruptcy (18)
- Debt Management (39)
- Debt Relief (10)
- Firm News (3)
- Foreclosure (9)
- Personal Bankruptcy (37)
Archives
- 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)