My name is Theresa, and I think it is vitally important that my clients and colleagues know who I am and what I have been through on my own financial journey… During my college and law school years I was affected by medical issues and did not have insurance.  I took student loans to pay for...Read More

1. What is Small Claims Court? The “Small Claims Court” is a part of Connecticut’s court system where a person can sue for money damages only up to $5,000.00. That amount is set by state law and may change from time to time. You may also be able to get interest and costs. The only...Read More

  1. What is the Foreclosure Mediation Program? The Foreclosure Mediation Program was created in 2008 in response to the record number of foreclosure cases filed in our courts. In foreclosure mediation, a neutral third party (mediator) helps the homeowner and bank try to reach a fair, voluntary, and negotiated agreement. During mediation, the homeowner...Read More

Loss mitigation is a tool that lenders have used for decades, with exponential growth since late 2006.  This was a result of the huge increase in foreclosures across the US.  While previously only a small department within the financial system, loss mitigation grew as a result of the near collapse of the mortgage industry due...Read More

One of the strengths of mediation is that there isn’t a one size fits all solution to the foreclosure crisis in America today.  Many commentators have suggested that all foreclosure mediation programs should deliver for vigorous outreach to borrowers.  This could result in much higher rates of participation than in programs with limited outreach.  Also, many lawyers...Read More

TOP 5 REASONS TO FILE BANKRUPTCY: 1.  Medical Expenses; 2. Unemployment; 3.  Foreclosure; 4.  Divorce or Death of a Spouse; and 5. Catastrophic/Unexpected Expenses. If you or someone you know is experiencing any of these situations, please contact us for immediate assistance.Read More

One of the basic principles of tax laws is if you owe a debt to someone else and they forgive that debt, the forgiven amount may be taxable.  As a result of the Mortgage Forgiveness Debt Relief Act of 2007, the statisticall or texty few homeowners who have had mortgage debt forgiven may not owe...Read More

Unemployment is a common reason to file for bankruptcy in the United States.  If you are accumulating debt because you do not have a source of income, bankruptcy can help your situation.  However, depending on what type of bankruptcy you file for, your unemployment might still hinder your chance to erase your debt and start...Read More

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION Throughout the world, the rule of law is central to the promise of a safe, free, and just society. Respect for and adherence to the rule of law is the premise upon which the United States was founded, and it has been a cornerstone...Read More

Mortgage modification is the changing of a loan; the terms of a mortgage are modified outside of the original terms of the agreement between the borrower and lender.  Homeowners that simply cannot afford their mortgage payments can try to improve their deal with their lender.  The process is incredibly complicated with concessions offered usually only...Read More