Bankruptcy is an often-misunderstood process that sometimes leads to the perception that it won’t help consumers to file. It’s imperative that anyone who’s struggling to pay their bills explores the possibility of filing for bankruptcy because it might provide them...
Bridgeport Law Blog
What is “average” for consumer debt?
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...
Common strategies for defending against foreclosure
If a lender is foreclosing on your property, you may be overwhelmed by the possibility of losing your home. Fortunately, there are certain ways for your attorney to defend against the foreclosure. One of the most common strategies is to apply for a loan modification....
Can Chapter 7 bankruptcy discharge all my debts?
There are many reasons a person in Bridgeport will file for Chapter 7 bankruptcy, also known as “liquidation bankruptcy.” A job loss in a tough economy, an unexpected illness that leads to overwhelming medical bills, or a divorce can all spell financial disaster....
The advantages of reaffirming a debt during bankruptcy
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...
Am I allowed to file for bankruptcy more than once?
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...
How often can you file for bankruptcy?
Most people are able to come back stronger after filing a bankruptcy case and getting their debts under control, but not everyone is able to maintain the financial stability that they need. Whether it’s because of a medical emergency, job loss or other situation, a...
What can (and can’t) bankruptcy do? 3 misconceptions about bankruptcy
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...
What are some advantages to filing for Chapter 13 bankruptcy?
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...
How can an attorney help with a loan modification?
Many Connecticut residents may find themselves either behind in their mortgage payments or struggling to keep up with them. Any number of unexpected circumstances can make it hard to keep up on home payment, including job losses, business troubles or medical and...

