Removing The Stigma
On behalf of Law Offices of Mark M. Kratter, LLC on July 26, 2013
Connecticut Debt Relief Law Firm Teaches Clients that Filing for Bankruptcy is No Longer a Stigma
Bankruptcy. The word carries with it so many different meanings for different people. For far too long, Americans have felt that because filing for bankruptcy was a last resort before total financial annihilation, it was therefore a humiliating process, one to be kept secret or hidden from friends and neighbors. But due to the difficult economy and recent economic recession, this perception is quickly changing.
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.
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.
How Does A Debtor's Discharge Protect You In Bankruptcy?
On behalf of Law Offices of Mark M. Kratter, LLC on April 03, 2012
After declaring bankruptcy, a Connecticut resident may be able to file a debtor's discharge. A debtor's discharge is a legal maneuver that is designed to prohibit creditors from contacting the debtor, such as through phone calls or by mail. Yet even after filing for bankruptcy and a discharge, a person may still find themselves continuously harassed by the creditor.
Banks Illegally Harassing People Even After Personal Bankruptcy
On behalf of Law Offices of Mark M. Kratter, LLC on December 29, 2011
Bankruptcy is something most people don't take lightly. It is often used as a last resort to regain financial stability and get a start fresh. In the last fiscal year, approximately 1.4 million people filed for either Chapter 7 or Chapter 13 personal bankruptcy in an effort to stop creditor harassment and move forward from their past debts.