New Jersey bankruptcy Article The bankruptcy-reform law of two years ago should be renamed the Drive More People Into Bankruptcy Act of 2005. As you probably know, the law sent bankruptcy cases to record highs that year, as nearly 2 million people rushed to file before tough new restrictions went into effect. But the law […]
Prisoners of Debt: A fresh start with bankruptcy?
New Jersey bankruptcy Article Business Week Top News November 1, 2007 Big lenders keep squeezing money out of consumers whose debts were canceled by the courts by Robert Berner and Brian Grow In a financial version of Night of the Living Dead, debts forgiven by bankruptcy courts are springing back to life to haunt consumers. […]
Avoiding Foreclosure
New Jersey bankruptcy Article THE NEW YORK TIMES March 31, 2007 Homeowners, Call Your Bankers Before They Call You By DAMON DARLIN The day of reckoning is near for millions of homeowners who financed their dream house by taking out an adjustable-rate mortgage. Rates are resetting higher, and in some cases, the monthly mortgage payments […]
What you need to know about medical debt and your health insurance
New Jersey bankruptcy Article Tuesday, January 02, 2007 MEDICAL DEBTS – MY INSURANCE WAS SUPPOSED TO PAY THAT A large portion of my debt collection practice is made up of the collection of past due medical bills. Unfortunately, the vast majority of the people I end up suing for past due medical bills are not […]
Protectors, Too, Gather Profits From ID Theft
New Jersey bankruptcy Article By Eric Dash Published: December 12, 2006 Melody Millett was shocked when her car loan company asked her if she was the wife of Abundio Perez, who had applied for 26 credit cards, financed several cars and taken out a home mortgage using a Social Security number belonging to her actual […]
Please Turn To Chapter 7: Still? Still.
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Here’s how you can upset an attorney: Call him a debt relief agent like the government does
New Jersey bankruptcy Article By KATE COSCARELLI STAR-LEDGER STAFF Marlton bankruptcy lawyer Andrew Al tenburg says the part of the new federal bankruptcy law requiring he call himself a “debt-relief agency” is offensive. Michael Schwartzberg, who handles a couple hundred bankruptcy cases each year from his Bloomfield office, thinks it’s ridiculous. And at the mere […]
Credit: For Those of You Keeping Score at Home
New Jersey bankruptcy Article Come Sept. 1, debt-laden Americans everywhere can find out what creditors really think of them. On that date, residents of the Northeast will be able to order free copies of their credit reports by logging on to annualcreditreport .com. People on the West Coast got access last December and the availability […]
Top Ten Tricks of the Lending Trade
New Jersey bankruptcy Article The tricks of the trade are limited only by the imagination of the lender – certainly not by federal regulations. And they’re all conceived with one end in mind — big profits, not helping you. Fairness to the borrower just isn’t part of the equation. 1. YOUR CREDIT’S BAD. So you […]
Mortgage Fraud
New Jersey bankruptcy Article A report issued by the FBI in May of 2005 on mortgage fraud I. General Overview The increased reliance by both financial institutions and non-financial institution lenders on third-party brokers has created opportunities for organized fraud groups, particularly where mortgage industry professionals are involved. Combating significant fraud in this area is […]
