Social Security Income Not Considered Disposable In Bankruptcy
On behalf of Law Offices of Mark M. Kratter, LLC on October 16, 2012
The 10th U.S. Circuit Court of Appeals has solidified the ruling that Social Security income is safe from the "disposable income'" rule in a Chapter 13 bankruptcy filing. Currently, the Bankruptcy Code states the same thing, but one debtor ended up having to litigate the issue. This ruling could be reason for a sigh of relief for Connecticut residents and those who were watching this case to see the outcome.
Chapter 7 Bankruptcy Can Help Connecticut Business Owners
On behalf of Law Offices of Mark M. Kratter, LLC on October 15, 2012
For Connecticut business owners, events may occasionally occur that cause a company to fall deep into debt. When this occurs, Chapter 7 bankruptcy is often a viable option. In recent news, a woman at the center of a criminal investigation has filed for bankruptcy in federal court.
Chapter 7 Bankruptcy Can Help Connecticut Business Owners
On behalf of Law Offices of Mark M. Kratter, LLC on October 15, 2012
For Connecticut business owners, events may occasionally occur that cause a company to fall deep into debt. When this occurs, Chapter 7 bankruptcy is often a viable option. In recent news, a woman at the center of a criminal investigation has filed for bankruptcy in federal court.
Dissuade Credit Card Debt Collectors In Connecticut
On behalf of Law Offices of Mark M. Kratter, LLC on October 10, 2012
Many Connecticut residents may have struggled with credit card debt at one time in their lives. However, it could be important to note that some of those credits charges may have been fraudulent. When a credit card number is stolen, many charges come from sex-related internet sites. Although the credit card company will deny the charges, collection companies may step in and purchase the fraudulent debt for relatively little money in order to attempt to force the consumer to pay off the credit card debt.
Connecticut Credit Card Debt: Man Wins Against Collection Agency
On behalf of Law Offices of Mark M. Kratter, LLC on October 09, 2012
It's little surprise that more consumers are beginning to fight against credit card debt. With high incidents of identity theft and erroneous reporting information in Connecticut and around the country, consumers are sometimes left holding the bag. A recent fight over credit card debt has highlighted the practices of debt collection agencies across the nation.
Filing For Bankruptcy In Connecticut And New Mortgages
On behalf of Law Offices of Mark M. Kratter, LLC on September 28, 2012
Connecticut residents may avoid filing for personal bankruptcy because they believe it will prevent them from purchasing a home for many years. Although a bankruptcy will stay on an individual's credit record for at least seven years, filers can actually begin to apply for mortgages as soon as a year after filing for bankruptcy, as long as they have shown that they are working to improve their credit and overall financial status.
Family Sues For Wrongful Foreclosure
On behalf of Law Offices of Mark M. Kratter, LLC on September 23, 2012
Connecticut families in the midst of a foreclosure are aware of how emotionally and financially difficult the ordeal can be. One family who underwent a foreclosure recently is now suing the companies that were involved in the process. They claim the paperwork that documented who owned the mortgage was flawed, and they also allege violations of the Truth in Lending Act.
Chapter 7: Top 10 College Football Coach Files For Bankruptcy
On behalf of Law Offices of Mark M. Kratter, LLC on September 17, 2012
Connecticut readers may be able to commiserate with a college football coach who recently filed for Chapter 7. The coach has cited real estate investment debts as the main reason for his decision to file the Chapter 7 petition. With the slump in the real estate market, many people are experiencing overwhelming debt related to their home or land purchases.
Connecticut Consumer Bankruptcy: Company Steps In Over Debt
On behalf of Law Offices of Mark M. Kratter, LLC on September 14, 2012
When consumers begin to suffer under a heavy load of personal debt, there are options available to help them regain financial stability. Connecticut residents can opt to file for consumer bankruptcy, which can help discharge a significant portion of consumer debt. Such an action can also halt harassing phone calls from debt collectors. A recently filed lawsuit exemplifies the lengths to which some debt collectors will go to track down a debtor and collect on a debt.
Connecticut Credit Card Debt: Lawmakers And Citizens Fight Back
On behalf of Law Offices of Mark M. Kratter, LLC on September 04, 2012
Many residents of Connecticut have received harassing debt collection calls. With the massive amount of job loss and the current state of the economy, Americans are being plunged into debt and can sometimes find themselves receiving relentless calls from collection agencies and other debt collectors. Fortunately, the federal government is beginning to take a closer look at those agencies and is beginning to fight against what can sometimes be overly aggressive and unscrupulous practices by these agencies.
