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What is Chapter 11 Bankruptcy?
Chapter 11 bankruptcy provides court-ordered debt relief and financial restructuring for businesses and individuals under the Bankruptcy Code. Chapter 11 bankruptcy has saved many Connecticut businesses from closing their doors under the strain of seemingly...
Does Filing for Bankruptcy Hurt Your Credit Score?
People who are considering filing for bankruptcy in order to gain credit card debt relief or help with other kinds of deep indebtedness, often ask what effect this action will have on their credit score. They’ve been told and taught that they will never recover their...
Negotiating Loan Modifications to Stop Foreclosure
If you reach a point where you are struggling to meet your mortgage payments, you can get the help of a foreclosure defense attorney, which means you can stop struggling! Although your mortgage repayment plans may seem to be set in stone, you are well within your...
What Is Chapter 13 Bankruptcy?
Most people see bankruptcy as a terminal sign of financial ruin. With a Chapter 13 bankruptcy lawyer, however, Chapter 13 can be a comprehensive start to a new reorganized financial life. Chapter 13 of the Federal Bankruptcy Code provides protections for individuals...
How to Improve Your Credit Score
How can you improve your credit score when budgeting in Connecticut is difficult. Even when people start out with good financial habits, they often get talked out of them by persuasive marketing messages that praise the value of having things right now — even if...
10 Common Myths about Credit Card Debt and Credit Scores
Below are common credit card debt myths that many people have when facing financial problems. Credit Card Debt Myths #1: To Get a Perfect Credit Score, I just need to Pay on time In the past, if you had a steady income and always paid your bills on time, you...