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What is “Home Equity?”

Last week I posted a video about the Homestead Exemption. Afterwards, lots of folks asked me if they qualify for it. In order to determine that, you first have to calculate your home equity. But how do you do that? It’s as easy as 1, 2, 3! 1. Determine your home’s value; 2. Add up […]

A Significant Increase

As of October 1st, the Connecticut Homestead Exemption goes from $75,000 to $250,000. This is the most significant change in the bankruptcy laws for decades! Watch the video below to learn more. In addition, Public Act 21-161 also increases the Connecticut Vehicle Exemption and creates a new exemption for the cash value of life insurance […]

UPCOMING DEVELOPMENTS IN FAMILY COURT

Beginning in October, 2021, but subject to change depending upon developments in COVID-19 pandemic conditions, Family Court will begin to conduct in person certain proceedings which have to this point been conducted primarily by remote video. The precise date of commencement of these changes may vary from district to district. APPLICABLE COVID-19 SAFETY PROTOCOLS WILL […]

Foreclosure Mediation Information

The Court’s Foreclosure Mediation Program is set up to help eligible homeowners and their lenders or mortgage servicers see whether they can reach a fair and voluntary agreement under the supervision of a neutral mediator employed by the Court. The program addresses all aspects of the foreclosure including any assistance options that may be available […]

Notice Regarding Summary Process (Eviction) Execution Hearings, etc.

On August 3, 2021, the Centers for Disease Control and Prevention issued a new order (“CDC Order”) temporarily halting residential evictions in counties with heightened levels of COVID-19 transmission. Pursuant to the CDC Order, if an adult tenant or occupant submits a signed declaration to their landlord that meets the CDC’s criteria, a landlord is […]

Need rental assistance?

By Emily Wu Attorney, Division of Consumer and Business Education, FTC Last year, the Centers for Disease Control and Prevention (CDC) issued a temporary order to stop evictions due to the COVID-19 pandemic. Since then, this federal eviction moratorium has been extended several times, and on August 3, the CDC extended it again for counties […]