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Bankruptcy Information Blog Posts

Welcome to the bankruptcy blog of Ronald I. Chorches. In this section of our website, you’ll be able to read informative content and updates about bankruptcy in particular or the industry in general – all specifically related to the bankruptcy laws and procedures in the state of Connecticut.

Does Filing Bankruptcy Under Connecticut Law Stop An Eviction?

Published: Monday, June 10th, 2019

The short answer is yes: tenants that rent an apartment or residence may be able to use a bankruptcy to postpone or even stop an eviction. Bankruptcy is generally used to help people that can’t pay their secured debts such as home mortgages and car payments. Bankruptcy is also useful in helping discharge unsecured debts […]

Will Filing Bankruptcy Make Me Lose My 401k?

Published: Tuesday, May 7th, 2019

In these tough financial times it’s common to worry about whether bankruptcy would mean losing your 401k. For the most part, 401K plans and other retirement plans can be protected in a federal bankruptcy. Protection means that creditors won’t be able to claim your assets. A 401 (k) plan is a specific type of pension […]

Why Medical Debts And Bankruptcy Are Increasing

Published: Monday, February 11th, 2019

Even if you have health insurance, medical expenses can still overwhelm you. Without insurance, just one medical emergency or the need for treatment can mean the a patient can quickly get into extreme debt. It’s no surprise that people claiming bankruptcy due to medical debts, is on the rise. Types of Medical Debt Most People […]

These Tips Will Help You Reduce Debt Stress And Getting It Under Control

Published: Sunday, March 19th, 2017

This article explains the top 7 strategies you can use to reduce the stress of your debts and getting your debts under control. As a bankruptcy law firm in Hartford, our primary goal it to get you completely out of debt, and at the same time provide tips that will make the process easier for […]

Debt Management Tips And Help On Paying Down Debts After Losing Your Job

Published: Sunday, March 19th, 2017

The loss of a job can bring a variety of challenges and stresses. Of course, after losing a job your primary concern is getting back into the workforce as soon as possible. But in the meantime, you will likely need to take some proactive steps to minimize your debt until things turn around for you. […]

Financially Struggling Households Are Increasingly Turning To Credit Cards

Published: Wednesday, March 1st, 2017

Credit card debt levels are skyrocketing to levels not seen since prior to the 2008 Financial Crisis. As CNN reports, the average household is now carrying $15,654 in credit card debt. What is even more alarming is that most Americans are using their credit cards not necessarily for frivolous expenses like eating out or clothes shopping, but […]