New Jersey bankruptcy Article The New York Times By VICKIE ELMER May 17, 2012 ONE prescription for avoiding another real estate bubble is that banks tighten up mortgage requirements. Now, a new Federal Reserve report indicates that lenders have indeed been doing just that. A majority of banks are less likely to offer loans to […]
How To Talk About Money With Your Spouse
New Jersey bankruptcy Article New York Times By Carl Richards, May 14, 2012 Years ago, my wife and I had dinner with another couple, whom I’ll call Bob and Sue. During the meal, we discussed money, the market and our goals and dreams for our families. Then we started talking about retirement, and that’s when […]
Discrepancies on Medical Bills Can Leave a Credit Stain
New Jersey bankruptcy Article The New York Times – 5/4/12 By Tara Siegel Bernard When Ray White’s son was about 9 years old, he struck a tree branch while riding his bike. Within minutes, an ambulance whisked him off to the emergency room. The boy recovered, but many months and phone calls later, Mr. White’s […]
Dealing With Student Debt
New Jersey bankruptcy Article The New York Post By Vicki Elmer April 26, 2012 FOR many recent college graduates, the dream of owning a home may have to be postponed awhile as they first grapple with repaying mounds of education loans. Outstanding student loan debt now totals over $1 trillion, according to a report last […]
Avoiding Mortgage Relief Scams
New Jersey Bankruptcy Article New York Times – Real Estate By VICKIE ELMER Published: April 19, 2012 THE offers seem like answers to the prayers of a struggling homeowner: a promise of legal tactics to forestall foreclosure, reduce mortgage balances and interest rates, or restore credit. But these so-called mass joinder lawsuits being advertised in […]
Marriage Maintenance When Money Is Tight
New Jersey bankruptcy Article The New York Times By TARA SIEGEL BERNARD With far less money coming in each month, many families have been forced to cut back, borrow money from family and friends and maybe even drain their savings. Millions, too, have lost their homes to foreclosure. And then there is the toll that […]
Best Credit Cards For Rebuilding Credit in 2012
New Jersey bankruptcy Article The Huffington Post – 2/16/12 By Curtis Arnold According to federal court records, Chapter 7 bankruptcy filings outnumbered Chapter 13 filings by a more than two-to-one ratio in 2011. Home foreclosures and insurmountable medical bills topped the reasons why many Americans are seeking this last resort for debt relief. Even if […]
One in Nine Americans Have Contemplated Bankruptcy
One in Nine Americans Have Contemplated Bankruptcy, Says New Survey; Personal bankruptcy filings climbing rapidly EAGAN, Minn., Feb. 12 /PRNewswire/ — The ongoing recession — with rising layoffs, home foreclosures and credit defaults — is clearly placing pressure on the finances of millions of Americans. Twelve percent of Americans have either filed or considered filing […]
$25 Billion Foreclosure Settlement Reached
New Jersey bankruptcy Article The $25 billion foreclosure settlement unveiled Thursday is expected to help many borrowers who are struggling to make their loan payments, owe more than their homes are worth or have lost their homes to foreclosure. But the rules of the deal are complicated and banks have three years to meet their […]
Forgive Us Our Debts as We Forgive Our Debtors
New Jersey bankruptcy Article Bankruptcy and the Bible Dalton Camp proclaimed several years ago that, “having lost its value, money may no longer be the root of all evil; credit having taken its place.” This statement demonstrates the paradox of modern day religion and debt—should our reaction be one of condemnation or one of compassion. […]
