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...
Month: February 2025
Why is bankruptcy so stigmatized in society?
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...
What is a wildcard exemption in 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...