Filing For Bankruptcy Should Not Be Deterred By False Myths
On behalf of Law Offices of Mark M. Kratter, LLC on March 27, 2013
Learning the truth about bankruptcy sometimes comes too late. A person might hear about its extraordinary benefits from a friend or acquaintance, but it could be too late if property and a home have already been lost to creditors. Hopefully, sharing accurate facts about this federal remedy will help get the information out to Connecticut residents who are facing overwhelming debt and can still benefit by filing for bankruptcy.
Foreclosure Sale Of A Home Can Be Stopped By Bankruptcy Filing
On behalf of Law Offices of Mark M. Kratter, LLC on March 22, 2013
Foreclosure is an ominous procedure in which a bank or other lender seeks to seize real estate on which it has a mortgage lien. In many cases, this can mean literally putting a family out of their home. It is a particularly frightening experience for some homeowners when the procedure gets to the point of an impending sheriff's sale. The good news is that in Connecticut as well as throughout the country, the homeowner can at least temporarily stop a foreclosure sale by filing a bankruptcy petition.
Consumer Bankruptcy Provides Debt Relief And A Fresh Start
On behalf of Law Offices of Mark M. Kratter, LLC on March 11, 2013
Most societies don't punish people for being unlucky or even imprudent enough to have reached an economic impasse marked by overwhelming debt. The bankruptcy laws have long been available to legally relieve people from intrusive debt collections and to get a fresh start in life. The filing of a consumer bankruptcy in Connecticut can be a lifesaving event for many people, but they'll benefit from studying the pros and cons and making an informed decision before choosing to go forward.
Saving Habits May Lead To Connecticut Credit Card Debt
On behalf of Law Offices of Mark M. Kratter, LLC on March 08, 2013
Credit card debt is often a common problem for Connecticut residents and others across the country. Many may have trouble saving enough money each month to build up a savings account because of other required bills that must be paid. Whether someone has a mortgage, credit card debt or even student loans to pay, many end up sacrificing their savings by the end of their pay cycle; potentially placing them into a jam if they're living paycheck to paycheck and have an unexpected circumstance occur.
