Bankruptcy

Watching bills stack up while the threat of foreclosure hangs over your home can push you to look for fast cash. Your 401(k) may seem like the one place where money still sits within reach. Even so, using retirement savings to cover today’s debt can quietly trade a...

For most Connecticut families, an unexpected diagnosis or accident creates financial stress that lingers for years after the physical recovery ends. With medical debt on the rise, that burden is heavier than ever, leaving many unsure of how to reduce it. This article...

Facing financial difficulties can be overwhelming. For married couples in Connecticut struggling to make ends meet, bankruptcy may seem like the only viable option. When considering bankruptcy, one crucial decision is whether to file jointly or separately. But how can...

People can accumulate multiple types of debt over their adult lives. Many people carry credit card balances from month to month. Those without health insurance or with major medical conditions may have medical debt to address. For many successful professionals,...

Reaching the realization that bankruptcy is necessary can be a humbling experience. Individuals who find that they cannot consistently fulfill all of their financial obligations may choose to file for bankruptcy. Others may need to make a quick determination about...

Both businesses and individuals can file for bankruptcy. Companies are often very pragmatic about bankruptcy. Leadership at organizations may not hesitate to file for bankruptcy to reduce financial obligations, prevent litigation and balance the company's budget....

Individuals facing financial hardship often have difficult decisions ahead of them. They have to choose how to manage their finances when their income isn't enough to meet all of their financial obligations. Missing or late payments can lead to fees that worsen their...

Connecting with a bankruptcy attorney provides people in a difficult situation with information about the process and advocacy along the way. A bankruptcy attorney can help with the process of proposing a repayment plan or exempting certain assets from the threat of...

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...