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Debt Lawsuits in Connecticut
If a debt of yours remains unpaid, it can become a collections lawsuit in Connecticut State Court, usually in the county you live in. This means that a lawsuit gets served on you by a state sheriff or marshal. They can serve you at home, work, directly to you...
Debt Settlement vs. Debt Consolidation vs. Bankruptcy
When facing overwhelming debt issues, the specifics of your case will determine what is the best strategy for your recovery. Learning about the options is the first step to a debt solution. With the guidance of an experienced professional, you’ll learn which choices...
What Are Debt Buyers?
Debt buyers are companies that purchase defaulted debt in bulk from your creditors, often for pennies on the dollar. Also called junk debt buyers, these large finance companies purchase pools of debt, including your debt, and then try to collect it from you...
4 Mistakes To Avoid Before Bankruptcy
4 Common Mistakes to Avoid When Contemplating a Bankruptcy Filing It is inevitable that when faced with financial hardship, most individuals will take steps to improve their financial situation. These steps however, generally do not improve the financial situation...
Now Due: Debt Collection Post Covid-19 Shut Down
Collection Actions and Default Judgments Recommence Post Covid-19 Shut Down No one can deny that the Covid-19 pandemic has created greater financial hardship for our country than we have seen in a decade. In a matter of one month the unemployment rate hit an all-time...
What Happens When COVID-19 Mortgage Forbearance is Over?
If you are facing COVID-19-related financial hardships, many federally-backed and most non-federal mortgage lenders offer moratorium periods of temporary payment suspension or mortgage forbearance. If you have any type of decrease in income and you agree to this...