insurance

The Truth About Chapter 11

by Kurt O'Keefe, Attorney at Law

You may run an incorporated, or, unincorporated, small business. A corporation that wants to keep operating has to file for Chapter 11 to get bankruptcy relief. Individuals may file also;  you do not have to be a corporation to file for Chapter 11. You may own and rent a bunch of houses, operate a store, [...]

Twelve Personal Finance Mistakes – Life and Disability

by Eugene S. Melchionne, Connecticut Bankruptcy Lawyer

A big mistake that we make is that we believe that we are indestructible.  Not Superman indestructible, but we don’t believe bad things happen to us. We do know that uninsured medical bills are a major cause of bankruptcy.  Yet we fail to take advantage of the insurances available to us to save on the premium and we [...]

Credit Life Insurance Can Be A Bad Deal

by Eugene S. Melchionne, Connecticut Bankruptcy Lawyer

Congratulations, you just bought a home, would you like to buy credit life insurance?  Most new homeowners, car buyers, or borrowers like the idea that their debt will be paid when they die.  But is it a good deal?  In most cases, the answer is no. What is credit life insurance?  This is an insurance [...]

Types of Investigative Credit Reports – The Insurance Report

by Kevin Gipson, New Orleans Bankruptcy Attorney

In a previous article, I discussed the little known, but potentially damaging, Investigative Credit Report.  One of the most common of the investigative credit reports is for insurance purposes. Insurance companies frequently use the services of organizations known as inspection bureaus to determine whether they will issue a policy of insurance, the rate charged for [...]