The Office of Russell Gary Small, P.C. COVID -19 UPDATE: In these uncertain times all of us at The Office of Russell Gary Small, P.C. wants to reassure you that we are open and continue to work for you. We can meet with you via telephone or video conference, and communicate electronically. We are here for you, and encourage you to reach out to us with any questions or concerns. Stay safe and healthy.
People experiencing temporary financial hardship may start to become quite anxious if they miss a mortgage payment. After all, the home where they live serves as the collateral for the mortgage, and it could be vulnerable at any point until they pay off the loan. Most...
Foreclosure is one of the worst possible outcomes after investing in real estate. People who have spent years making payments toward a mortgage could lose their homes because of temporary financial hardship. Those concerned about their financial circumstances...
Credit cards can be helpful, which is why millions of Americans use them. However, it isn’t always that straightforward. Credit card debt can quickly become unmanageable. Fortunately, there are ways to restructure it to make repayment easier. In Connecticut,...
People who realize that they have more bills than they have money may become concerned and start looking for options to take control of their debts. This is a challenging place to be in because financial insecurity can be scary. For some people, options like payday...
Bankruptcy is often viewed as a personal failure—a mark of poor financial judgment or irresponsibility. In society, the word alone carries a stigma that conjures images of shame, ruined reputations and an end to future opportunities. Yet, paradoxically, bankruptcy...
If you file for bankruptcy in Connecticut, there are many different exemptions to consider. With Chapter 7 bankruptcy, the goal is to liquidate your assets and use the money to pay off a portion of your debt. However, you can use exemptions to prevent the liquidation...
Filing for bankruptcy can feel overwhelming, especially if you have children at home. As a parent, it’s natural to worry about how this decision might affect them. The good news is that bankruptcy is designed to help families rebuild their finances, and it usually has...
If you miss a single mortgage payment, you are technically in violation of your loan terms and considered to be in default. However, this doesn’t mean you need to worry about your lender immediately foreclosing on your house. Lenders generally don’t start the...
Once you get out from under crippling debt, the last thing you want is to find yourself struggling again. Proper financial planning in the wake of a Chapter 7 or 13 bankruptcy can make all the difference in your future economic health. Here are some financial planning...
Pursuing a Chapter 13 bankruptcy is a way to take control of your finances by committing to a structured repayment plan. Still, as your circumstances change, you may need to revisit and revise this plan to achieve lasting debt relief. Does the law allow for this...
