Law Offices of Jennifer LaRese, LLC
Call Today 203-583-8668

August 2018 Archives

New Medical Debt Relief Act proposed by Congress

Serious accidents or unexpected illnesses can be devastating for Connecticut families and others around the country. In addition to dealing with the physical issues of recovery, many families become saddled with exorbitant medical bills. As consumers deal with these hardships, lawmakers have taken notice. In fact, a recent bill has been proposed that may provide some debt relief to those struggling with mounting medical expenses.

Increase in senior citizens filing for Chapter 7 bankruptcy

In most cases, senior citizens in Connecticut and throughout the country look forward to their retirement years. Plans to travel, spend time with family or take up a new hobby are prevalent in the minds of many on the cusp of leaving the daily grind of work. However, for an increasing number of retirees, their financial situations will not allow them to experience retirement the way they had imagined. Filing for Chapter 7 bankruptcy has become a reality for those hoping to ease their financial burdens.

Debt relief: How to effectively reduce credit card debt

Credit cards are a useful financial option for many Connecticut residents and others around the nation. However, their use can also wreak havoc on a person's debt levels, credit scores and overall financial health. In fact, many consumers must seek debt relief to rid themselves of the burden of credit card debt. Financial experts offer some advice on how to effectively reduce or eliminate debt from credit card usage.

Tackling debt relief concerns requires planning

Debt is one of the most stressful elements of modern life. For many Connecticut residents, carrying debts like credit card balances, auto loans and student loans can be a heavy financial load, sometimes becoming overwhelming. Thankfully, there are a variety of debt relief options available, depending on the specifics of a particular situation.

Handling debt through Chapter 7 and other means

There are many reasons why Americans can fall into debt. Sometimes, it can be a question of poor planning or financial habits, but for many Connecticut residents, unexpected circumstances like divorce or loss of a job can also cause debt to mount. Thankfully, there are a variety of ways to reduce debt, from credit counseling to Chapter 7 bankruptcy.