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Medical Bills and Bankruptcy
December 19th, 2024
Medical Bills and Bankruptcy: Overwhelming medical bills can happen to anyone. An unexpected illness or a serious accident can leave you facing steep co-pays, deductibles, and co-insurance costs that simply won’t go away on their own.
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5 Common Myths About Foreclosure
December 12th, 2024
Foreclosure is a frightening word. The chance that you can lose your home can put you on edge and make you more likely to believe many common myths about foreclosure. If you are falling behind on your payments, or are worried about losing your home,…
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Categories: Foreclosure Mediation
What is the Foreclosure Mediation Process in Connecticut?
October 24th, 2024
When Connecticut residents fall behind on their house payments, there can be a lot of pressure to find ways to save their home from foreclosure. The foreclosure mediation process in Connecticut is a tool residents can use to renegotiate their mortgag…
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How Chapter 7 Bankruptcy Can Help Struggling Business Owners
September 23rd, 2024
Struggling business owners, especially sole proprietors, are often worried that their personal finances will go down with the company’s ship. But a Chapter 7 bankruptcy can help struggling business owners protect their personal assets and deal with…
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Discharging Student Loans in Bankruptcy is Possible, Sometimes
July 30th, 2024
For many people, their student loans are the heaviest part of their debt obligations. Educational loans may also seem like the hardest debts to resolve, even in bankruptcy. It isn’t as simple as whether student loans can be discharged or not in ban…
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Categories: Bankruptcy
The Bank Says I Have To Sign a Reaffirmation Agreement to Keep My House or Car After Bankruptcy. Do I?
June 27th, 2024
After you file a Chapter 7 bankruptcy, your bank or mortgage company may ask you to sign a reaffirmation agreement to keep your house or car. Since bankruptcy is designed to free you from debt and stop collections efforts, these calls from creditors…
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Categories: Chapter 7 Bankruptcy
Connecticut Homestead Exemption
April 25th, 2024
A bankruptcy does not mean you have to lose your house. In fact, filing for bankruptcy may help you save it. In the last few years, changes to the Connecticut homestead exemption have helped borrowers protect more of the equity in their homes, vehicl…
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Alimony, Child Support and Bankruptcy
March 19th, 2024
After a divorce or child custody battle, the loss of a second income and increased personal and legal expenses can sometimes send you into bankruptcy. In other cases, domestic support obligations can linger years after changes to your employment or f…
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Bankruptcy and Restructuring: Legal Options for Struggling Businesses
February 5th, 2024
Small businesses are at the heart of the American economy, but rising costs, employment issues, and even natural disasters can all lead to tough choices for struggling businesses. Business owners may have their own assumptions about business bankrupt…
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Don't Touch That 401K!
January 11th, 2024
You want to be a good person and pay your debts. The idea of filing for bankruptcy may scare you or make you feel ashamed – like you’re not living up to your obligations. If so, you may be tempted to withdraw funds from your 401k account or other…
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