Connecticut Chapter 7: Small Business Owner Affected By Economy
On behalf of Law Offices of Mark M. Kratter, LLC on August 31, 2012
Some Connecticut small business owners may be struggling to remain profitable and open for business during the current economic recession. Fortunately, there are options available for people who are having difficulty keeping their businesses afloat due to the combination of a slow economy and a high debt load. Recently, the owner of a used car dealership has filed for Chapter 7 bankruptcy protection.
Gabby Douglas' Mom Not Embarrassed About Filing Chapter 13
On behalf of Law Offices of Mark M. Kratter, LLC on August 15, 2012
Connecticut residents who have been watching the Olympics probably know of Gabby Douglas, the U.S. gymnast who won the all-around gold medal this year. While this Olympic story is certainly worth the positive media attention, her personal life is also making headlines for a completely different reason. Douglas' mother filed for personal bankruptcy earlier in the year. She sought Chapter 13 bankruptcy protection.
Fully Understanding Chapter 13 Bankruptcy
On behalf of Law Offices of Mark M. Kratter, LLC on August 07, 2012
Connecticut residents faced with debt have the option of bankruptcy available to them. Several types of bankruptcy exist, so it is important to become familiar with the type that is most suited to one's unique situation. Many people are familiar with Chapter 13, but may not know the specific details about it.
Connecticut Credit Card Debt: Consumers Fight Against Collectors
On behalf of Law Offices of Mark M. Kratter, LLC on August 02, 2012
Connecticut residents struggling to pay their bills may relate to a recent story about consumer debt. Currently, consumers fed up with credit card debt collection practices are filing lawsuits in droves. Every month since the start of the year, the number of lawsuits filed by debtors and credit card customers has risen. From January through May of this year, there were 6,256 lawsuits filed. This May saw three times as many lawsuits as the same month five years ago.
