On behalf of Law Offices of Mark M. Kratter, LLC on June 19, 2013
Bridgeport Bankruptcy Law Firm Cautions Clients as to Effects of Sequestration
No one likes to be in limbo—it is an uncomfortable feeling to be uncertain as to one’s future. For Americans undergoing the process of bankruptcy, limbo is very likely what they will be experiencing for the years to come. Sequestration, or long-term cuts to different areas of the US Government, is most likely going to result in both court services and the resolution of civil and criminal cases becoming backlogged, drawn out and an altogether frustrating process. If you have filed for bankruptcy, or are considering it, this means that there could be a long wait ahead of you until things are resolved. In order to best handle the changes in the bankruptcy process due to sequestration, it is crucial that you hire Connecticut bankruptcy lawyer Mark M. Kratter. He will be able to take most of the stress and all of the details out of the bankruptcy process, and can better enable the process to be a smooth, efficient, and potentially, faster one.
Budget Cuts Affecting Bankruptcy Proceedings
The judicial branch is one of the many government bodies that are being affected by recent budet cuts. These cuts were caused by Congress’s inability to come to an agreed upon budget, which led to a series of automatic spending cuts, known as sequestration, that took effect on March 1, 2013.
The economic downturn and subsequent budget cuts have led to closings, pay cuts, job losses and “Friday Furloughs”—in which one Friday a month, many judicial proceedings will be delayed as services are closed, saving the government money. These budget cuts, however, do nothing but add to the stresses involved in dealing with the judicial branch of the US Government. The problem with these budget cuts, is that the delays in bankruptcy proceedings will have a negative impact on the economy, as things are not being quickly renewed, people’s payment plans not being adjusted to more manageable amounts, and the economy staying stagnant as everyone waits their turn in court.
Call Attorney Mark M. Kratter Today
If you have filed for bankruptcy, or are considering it, don’t let the budget cuts and furloughs intimidate you or lead you to believe your case will never be resolved. We at the Law Offices of Mark M. Kratter, LLC will do all we can to expedite the process, making sure that the paperwork is filed out to a T, and that your case is rock solid, avoiding any further delays. Contact us at our Bridgeport office at (203) 859-2312.
