Credit cards are a way of life in Connecticut and all other states. Your bank or credit union constantly encourages you to apply for their credit card. The stores at which you shop do likewise. Often you receive unsolicited “pre-approved” credit card applications in the mail.
If you are a Connecticut resident who feels as though you are drowning in debt, you do have options available to you for debt relief. Bankruptcy options are designed to help you discard the debt in its entirety or to reorganize and set up payment plans in situations where your income cannot meet the demands of what you currently owe.
Those seeking debt relief in Connecticut no longer have access to the Making Home Affordable program due to the fact that the United States Treasury is no longer accepting new applications. There are alternatives, but debtors should beware of programs that seem too good to be true.