Debt Relief And Bankruptcy Improved A Marriage
On behalf of Law Offices of Mark M. Kratter, LLC on November 17, 2011
It may seem as if Connecticut residents are constantly being bombarded with negative stories about the weak economy. Stories about bankruptcies, home foreclosures and unemployment are often a part of the daily news. But there are some positive stories for those in need of debt relief.
Friendly's To Hold Asset Auction
On behalf of Law Offices of Mark M. Kratter, LLC on November 09, 2011
Residents of Southport, Connecticut, were likely shocked when the sign was taken down from the restaurant Friendly's, a fixture on the local restaurant scene. The Southport-area restaurant has closed after nearly 25 years of serving food to the community, according to the Connecticut Post.
Debt Relief Questions For Oxford First Selectman Candidate
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.
Chapter 7 Filing Only Part Of Fry's Electronics Official's Woes
On behalf of Law Offices of Mark M. Kratter, LLC on October 27, 2011
Some Connecticut residents may have been a bit surprised to learn that one a Fry's Electronics official filed for Chapter 7 bankruptcy back in July 2011. The filing stated that the man had assets of about $7 million and liabilities of more than $136 million, which included millions of dollars in gambling debts.
401(k) Withdrawals: Debt Relief Or Financial Suicide?
On behalf of Law Offices of Mark M. Kratter, LLC on October 20, 2011
Connecticut readers may be interested in learning that two members of Congress from Georgia have introduced legislation they say is designed to help some homeowners avoid foreclosure, while also costing the government nothing. The legislation revolves around the right of taxpayers to withdraw funds from their 401(k) retirement accounts for application toward mortgage indebtedness. The proposed law would allow 401(k) funds to be used for certain foreclosure expenses without exposing the individual to the 10 percent federal tax penalty for early withdrawal.
Welcome To Our Norwalk, Connecticut, Bankruptcy Law Blog
On behalf of Law Offices of Mark M. Kratter, LLC on October 07, 2011
When you are struggling to meet your financial obligations and are considering bankruptcy as a way to get a fresh financial start, an experienced lawyer can be of great assistance and can look out for your rights. The federal bankruptcy laws can be confusing and intimidating, with a unique set of rules and a language that can be difficult to understand. You want an attorney who knows the law and the process, who can help you evaluate your options and make the right decisions to protect your interests.
