You may have recently heard news about the Credit CARD Reform Act of 2009. It just went into effect on February 22, 2010 and is intended to provide various protections to consumers to combat the wily tricks of the credit card companies.
Here's a great cartoon video (which I saw posted on the Center for Responsible Lending and Bankruptcy Bill websites) that does about as good a job of both explaining and mocking credit card practices as you might ever see. The creator is a man named Mark Fiore.
Connecticut Bankruptcy Help
If you’re worried about credit card debt or thinking about debt negotiation or bankruptcy in Connecticut, please contact me for a free initial consultation to get answers to all of your Connecticut bankruptcy questions.
Contact Attorney Melchionne
Eugene S. Melchionne, Esq.
27 First Ave.
Waterbury, CT 06710
(203) 757-3437
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One of the first things that happens in a bankruptcy case in Connecticut after the debtor has filed a petition, is a "Meeting of Creditors," also know as a "341 Meeting" which refers to Section 341 of the Bankruptcy Code.