New Jersey consumers who are in debt have several options to reduce or eliminate it. There are many factors that may influence which tools they use to reduce the amount that they owe to creditors. For instance, those who make $100,000 a year may be able to commit to...
Bridgeport Law Blog
How bankruptcy can affect a credit report
Many people in Connecticut are struggling to make ends meet. They may suffer significant credit problems as well as collector calls and ongoing harassment when dealing with substantial amounts of unrepayable debt. While personal bankruptcy can offer a path to relief,...
Many people struggle with mounting credit card debt
People in Connecticut and across the country are facing an increasing burden of credit card balances. According to a credit card debt study by WalletHub, Americans began 2019 owing over $1 trillion in credit card bills. In the second quarter of 2019, consumers...
Disabled vets receive greater bankruptcy protections
Military veterans in Connecticut may be at particular risk for financial problems and challenges in their years after leaving the armed services. These challenges can be exacerbated for disabled veterans who rely on military benefits to pay the bills. Veterans may...
What to understand before filing for bankruptcy
Debtors who are thinking about bankruptcy will generally choose between filing for Chapter 7 or Chapter 13 protection. Connecticut residents who want to pursue a Chapter 7 case will need to take a means test to verify that they cannot repay their debts. If an...
Understanding Chapter 7 and Chapter 13 bankruptcy
When people in Connecticut are dealing with piles of unpayable bills or aggressive collection calls, they may be looking for a solution that allows them to obtain some debt relief. Bankruptcy can provide people with a new start that enables them to escape a mountain...
Welcome To Our Blog
We established this blog to share stories and information about topics relevant to our practice. Our intent is to regularly provide posts highlighting legal issues of local, state and national interest that we think you will find interesting. Check back later for...
Credit card debt can be costly
For many people in Connecticut, it is very difficult to pay off their credit card bills on a monthly basis. With high interest rates, people may find that their balances continue to rise. This can be especially true for people who have suffered a financial change...
Debtors have options in responding to collections actions
The Consumer Financial Protection Bureau reports that more than 70 million people nationwide have at one time or another had to deal with debt collectors. Around one-quarter of people said they felt threatened by the collection agency during their interactions. In...
Survey looks at attitudes toward credit card debt
Some Connecticut consumers may be among the more than 20% who say they do not know whether or not they have credit card debt. An online survey of over 1,000 consumers by U.S. News & World Report also found that almost one-quarter of respondents had over $10,000 in...

