Bankruptcy is commonly viewed in a negative light. For those in a comfortable position financially, it may seem like an alien concept that only happens to those who have chosen to be reckless with their money. This is a misconception that is not based on real events....
Month: March 2022
Companies that offer debt solutions may make matters worse
Household debts often start small and build over time. You added a little to the balance on your credit cards every month while filling the gas tank and buying groceries. Now, you owe so much on your credit cards that you don't pay the balance off every month. In...
Does bankruptcy mean you can never buy a house?
Many people are hesitant to file for bankruptcy because they know that it will impact their credit score. What they believe is that they're going to be ineligible for loans in the future. This is concerning because they may have just been renting and hoping to buy a...
Can I stop a foreclosure by filing bankruptcy?
The last two years have brought about a lot of economic hardship. You may find yourself facing some serious financial problems that you never anticipated. You may even be facing foreclosure on your house. If you live in Connecticut, this can happen if you’ve missed...