Beebe and O'Neil

August 2019 Archives

How and when to file for Chapter 7 bankruptcy

According to MarketWatch, bankruptcy filings are at the lowest point since 2007. This is great news for people in Connecticut who may worry about the odds of falling off track financially. However, even though the adds are less stacked against them, many people still find themselves in court trying to discharge their personal or business debts.

What to do about inherited property

Over the past year, the media has become fixated on the fact that millennials and Generation X will soon inherit trillions of dollars from the baby boomer generation. What many of these articles fail to cover is that baby boomers themselves are still inheriting from the generation that preceded them. Regardless of the age, many people in Connecticut feel an emotional attachment to the property they inherit, especially when it comes from parents or a spouse.

How much does employee theft cost U.S. businesses?

Businesses in Connecticut often employ security guards and surveillance technology to keep an eye on visitors and customers. Many of them fear that customers may steal from the business via shoplifting. However, employee theft costs companies too. According to CNBC, the estimate stands at $50 billion across the U.S. each year.

This year may be a buyer's market after all

Last year the media warned consumers to reconsider purchasing a home in 2019. Predictions included that higher interest rates and the increased prices of homes would make it unaffordable. Ironically, for these exact reasons, homes may actually become more affordable throughout the rest of the year.

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