R. Richard Croce, LLC Legal Blog

Quite a few individuals fear the idea of bankruptcy. They may have heard inaccurate information about bankruptcy which leaves them with the impression that filing could easily do more harm than good. While it is true that bankruptcy isn't the right solution for every...

Many personal opportunities depend on someone's credit history. Obviously, someone's eligibility for a mortgage or the best terms on a car loan depends on their credit history. Lenders look at someone's credit history and consider their overall credit score when...

Filing for bankruptcy may make it possible to keep your Connecticut home or other assets. However, it could also result in a significant drop in your credit score and other long-term financial consequences. Therefore, it's understandable that you might have some...

Bankruptcy has long been a taboo subject among many, but some situations make it necessary to file. If you are considering going this route in Connecticut, you need all the information you can get. Make sure you can answer these questions before making your decision.....

Although there can be stigma to filing for bankruptcy, it may be necessary. If you have significant debt and haven’t been successful at alleviating it through other avenues, bankruptcy might be the best option available. If you’re worried about losing all of your...

At some point in life, many Connecticut residents will experience unmanageable debt. Some will end up filing for bankruptcy; others may not due to the following bankruptcy myths. Why file for bankruptcy? There are different reasons to file for bankruptcy. Often, a...

Submitting a bankruptcy petition to a Connecticut judge may enable you to eliminate some or all of your outstanding debts. It may also enable you to put a stop to wage garnishments or other creditor collection efforts. However, seeking protection from creditors may...

No one wants to be in a position where they need to file for bankruptcy. However, citizens of Connecticut should know that there are some benefits to it. The main goal is to get a chance to reorganize your finances and get back on your feet. As you do so, you can also...

Filing for bankruptcy may be an effective way of eliminating or reducing your current debt load. In some cases, you'll be able to keep property such as a Connecticut home or car. In addition, there is a good chance that you'll retain your 401(k), IRA or other...

If your Connecticut business is experiencing financial difficulties, bankruptcy may be an effective tool to help it overcome them. Alternatively, it may provide a path to dissolving the company in a timely and relatively amicable manner. The type of proceeding that...