Qualification for Chapter 7 Bankruptcy is based solely on income. Specifically, income from the last six complete months. So if we are sitting in November, we analyze gross (not net) income from May 1st to September 30th. (It is a rolling six-month basis, so in December we will count June to November.) We go by...Read More
If you are struggling to pay your electric and gas bills, you are not alone. Recently, I called the United Illuminating Company for a client and explained that he is living solely on Social Security and cannot afford his electric bill. It did take a few minutes to get through to the customer service representative...Read More
According to the Connecticut Housing Finance Authority, “under the American Rescue Plan Act of 2021, Connecticut has been awarded approximately $123 million to establish MyHomeCT, a program funded by the Homeowner Assistance Fund. The goal of MyHomeCT is to cure mortgage delinquencies and defaults, and prevent foreclosures among eligible homeowners that occurred as a result...Read More
In honor of International Pineapple Day on June 27th, I wanted to share this great Consumer Tip especially as we are going into a holiday next week and you can make this treat to bring to any cookout without breaking the bank. Enjoy a slice of the tropics for under $10…with this Two-Ingredient Pineapple Angel...Read More
There are several types of bankruptcies available to individual people and business entities. Let’s analyze each one here in a 30,000 foot overview and then in future articles we will take a deeper dive. CHAPTER 7: This is my favorite chapter and also the one I personally filed in 2009. It gives the debtor (the...Read More
As summer approaches, middle and high school students can choose from catalogues of camps that promise to improve everything from language skills to layup shots. Federal court camps prepare participants to be informed and engaged citizens in every walk of life, and at no cost. “We view the summer camps at our federal courthouses in...Read More
On February 19, 2020, the Small Business Reorganization Act of 2019, P.L. 116-54 (SBRA) will go into effect – long before the normal three-year rules amendment process runs its course. As a temporary measure, the Advisory Committee on Bankruptcy Rules has drafted interim bankruptcy rules and amendments to the official bankruptcy forms to address the...Read More
Labor Day 2019 On September 2, 2019, the U.S. Department of Labor celebrates and honors the greatest worker in the world – the American worker. Labor Day 2019 is the 125th anniversary of Labor Day being celebrated as a national holiday. Labor Day: What it Means Labor Day, the first Monday in September, is a...Read More
The Servicemembers’ Civil Relief Act applies in bankruptcy cases. It provides protection to members of the military against the entry of default judgments and gives the court the ability to stay proceedings against military debtors. Background The Servicemembers’ Civil Relief Act (“SCRA”) is found at 50 U.S.C. app. §§ 501 et seq. The purpose of...Read More
DEUTSCHE BANK NATIONAL TRUST COMPANY,TRUSTEE v.JOSEPH R. PONGER ET AL.(AC 41014) DiPentima, C. J., and Moll and Sullivan, Js. Syllabus The plaintiff bank sought to foreclose a mortgage on certain real property owned by the defendant T and her former spouse, P. T and P had executed a mortgage deed, and P had executed a...Read More
