Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman The coronavirus is expected to permanently shut millions of small businesses in the next several months. Here are issues for owners to consider. All the forecasts point in the same direction: A wave of small-business bankruptcies is coming. More than 40 percent of the nation’s 30 […]
The Truth About COVID-19 Mortgage Relief
If you can’t pay your mortgage due to COVID-19 hardships and are looking for options, please listen to Lee M. Perlman’s excellent legal advise. There is a lot of misinformation being circulated that could cause you to face potential foreclosure. You CAN and should negotiate terms with your lender. Lee give you insights as to […]
CARES Acts March 2020 and Foreclosure and Forebearance
What You Need to Know, with New Jersey Bankruptcy Attorney Lee M. Perlman
Covid-19, the CARES Act & Bankruptcy – What has changed?
Attorney Bill Colarulo is joined by Bankruptcy Attorney Lee M. Perlman to discuss Covid-19, the CARES Act & Bankruptcy. Specifically, the following areas are addressed: ✅What is bankruptcy and what are the different types available to individuals? (Chapter 7 and Chapter 13) ✅What effect does bankruptcy have on someone’s credit? ✅Foreclosures & the CARES Act […]
What Happens To Your Brain And Body When You’re Stressed About Money
Your financial woes could literally be making you sick. Americans are stressed out. And, in many cases, money is the top cause of that stress. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Originally published here by the Huffington Post. In fact, a recent survey by Credit Sesame found that 82% of those who […]
Broken Promises and Debt Pile Up as Loan Forgiveness Goes Astray
Submitted by New Jersey Bankruptcy Attorney, Lee M. Perlman. A federal loan forgiveness program made a promise to students: Stick with your vital but low-wage professions and your debts will be wiped clean. Then they weren’t. WASHINGTON — When Congress created a student loan forgiveness program in 2007, lawmakers wanted to draw people to vital […]
The 45 Top Personal Finance Blogs ( And Why You Should Read Them)
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Originally published here by themoneymix.com I created my list of the 25 best personal finance blogs in 2018. I update the list as I discover other blogs along the way. Collectively, these blogs cover most, if not all, areas that make up personal finance. You will […]
Why So Many 55+ People Are Going Bankrupt and How to Bounce Back
What bankruptcy means for your personal finances Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. The number of people 55 and older filing bankruptcies has skyrocketed since 1991, and that’s even more true for those 65 and older. Bankruptcy can offer a fresh start if you’ve fallen on tough times and are unable to […]
Credit Scores Trend Upward After Bankruptcy
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman After bankruptcy, credit scores go steadily up, says a 17 year study released by the Consumer Financial Protection Bureau. Got that? Go UP. Every year. Importantly, credit scores start improving the same year that the bankruptcy is filed. Think on that for a moment. Creditors and […]
I Worked at Capital One for Five Years. This Is How We Justified Piling Debt on Poor Customers.
The subprime lending giant is a textbook case in creating a corporate culture of denial. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman The first thing you should know about a woman I know, who I’ll call Annie, is that she volunteers to sit at the hospital with people who are going to die […]
