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.
One thing that is interesting about debt in the United States is that people often carry debt without really realizing it. For instance, every homeowner who has a mortgage is technically in debt, though most of them consider themselves homeowners. The reality is that...
When residents of Connecticut consider filing a petition for discharge of their debts in a Chapter 7 bankruptcy, they look forward to the day when the court issues its final order. Most people think that the issuance of the order for discharge is their primary goal in...
Almost all residents of the Bridgeport area who file for bankruptcy walk away from the process not wanting to repeat it. Aside from the time and stress involved, Connecticut residents who file for bankruptcy really do want to use their fresh financial start to move...
Bankruptcy is a process that lots of people think they know well. It seems straightforward. However, misconceptions about bankruptcy mean that you could miss out on the benefits it offers. For instance, it seems counterintuitive, but did you know that declaring...
Financial hard times can fall on just about anyone in Bridgeport. A job loss in a tough economy, a mortgage that is underwater or an illness that leads to massive medical bills can all spell financial catastrophe. In these situations, a person in Connecticut may...
On March 26, 2020 the Coronavirus Aid, Relief And Economic Security Act (CARES Act) was signed into law. This act contains many provisions to ease the financial burden Americans are facing. These provisions include both direct financial relief and policy changes. Most...
One of the most disheartening things that you might have to deal with when you can't afford to pay your bills is explaining to your creditors what's happening. Some might pressure you into finding a way to pay them, but it might not be possible for you to do that....
People in Connecticut who are considering bankruptcy might be concerned that it will have a permanent effect on their credit and even on their job prospects. However, a study that will appear in the Journal of Finance has found that this is not the case. The study...
Connecticut residents who tuned into the Democratic presidential debate on Jan. 14 will likely have heard Senator Bernie Sanders address the issue of medical debt. Sanders said that half a million Americans turn to bankruptcy each year because they are unable to pay...
Connecticut consumers can file for Chapter 13 bankruptcy regardless of their income. However, they must have no more than $1,257,850 in secured debts and no more than $419,275 in unsecured debts at the time that they file. Those who are looking to file for Chapter 13...
