On behalf of Law Offices of Mark M. Kratter, LLC on November 03, 2011
Connecticut residents have no doubt felt the effects of the sluggish economy, and can easily relate to anyone else undergoing similar experiences. When it comes to political candidates, some Americans believe those elected should assist in efforts to halt foreclosures for their constituents and not be struggling with their own financial problems. For one political candidate, his quest for public office may be impacted by the fact that he is not exempt from the problems affecting millions of Americans.
The man is currently a candidate for first selectman in Oxford, Connecticut. The candidate apparently suffered prior debt issues, which may make some of his future constituents uneasy. It was reported on Oct. 13 that the candidate's home was the subject of foreclosure proceedings dating back to 2009. The record was last updated in the court system in March 2011, and the case has not been formally closed. The candidate said the matter had been resolved.
His case was apparently handled through mediation, and the candidate would not comment further on the subject, stating that it was a personal matter. While he awaits the election, he works as an administrative assistant to the current Connecticut first selectwoman and also as an architect.
It stands to reason in these economic times that people want officials who are fiscally prudent. However, the fact that someone experiences financial issues related to foreclosure does not necessarily mean they have been anything other than victimized by circumstances beyond their control. While the candidate appears to have resolved his crisis, thousands of others remain stuck between a rock and a hard place. Those who see their debt spiraling out of control may benefit from consulting an attorney devoted to helping individuals and families solve their debt problems.
Source: Valley Independent Sentinel, "Oxford Candidate's House Faced Foreclosure," Tony Spinelli, Oct. 13, 2011
