Bankruptcy Northford CT: Ch.7 & Ch. 13 Bankruptcy Lawyer

These days it's not uncommon to experience money troubles. Jobs are scarce, the recession continues to drag down economies and many people have had to take pay cuts just to keep the jobs they have. Add all this up and it's no wonder more individuals are considering filing for bankruptcy to deal with high interest rates on credit cards and personal loans. The stigma that was once associated with bankruptcy, failure and stupidity, is no longer applicable since many smart and successful people are realizing that the bets they made on finances even a few years ago have backfired in the form of worthless stocks and savings in banks that have long since collapsed. If you live in the Northford, CT area and are dealing with debts beyond your income consider contacting experienced bankruptcy attorney Chris Carrozzella and find out all the options you have when consolidating debt and fixing your money problems.

Are You in Debt?

If you find yourself in debt or struggling to keep up with delinquent loans and mortgages it's nothing to be ashamed about. Since 2007 when the global recession sunk in and started forcing banks out of business many people who considered their money management to be fine suddenly realized that the stocks they owned were worthless and the savings they had accumulated went to bail out the banks that were supposed to protect them. This perfect storm of job losses and spending cuts left many people in debt and at a loss to explain how it happened or what they should do to counter it.

Bankruptcy Filings Help Protect Those in Debt

Just because you have maxed out a few credit cards or have fallen behind on a mortgage payment doesn't mean the end of the world. Bankruptcy filings in the form of a Ch. 7 or Ch. 13 filing is set up to protect people in debt from harassing credit collection calls and soaring interest rates on cards they can't possibly afford to pay. Bankruptcy may seem like a short-term punishment, and in many ways it is, but the goal is to get people back to long-term viability through debt relief and sound decision making concerning finances in the future. Experienced bankruptcy lawyer Chris Carrozzella has the know-how and legal acumen to help many individuals guide themselves out of debt and back to making a profit. Don't let debt ruin your life. Live a happy and debt free life in Northford, CT with the help of bankruptcy lawyer Chris Carrozzella.