Submitted by Lee M. Perlman, New Jersey Bankruptcy Lawyer. Consumers will soon be able to freeze their credit files without charge. So if you have not yet frozen your files — a recommended step to foil identity theft — now is a good time to take action, consumer advocates say. Security freezes, often called credit […]
How To Get A Mortgage When You Have Bad Credit
A low credit score isn’t always a deal breaker. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Bad things happen to good people, and bad credit is sometimes one of them. It can be a pain: A poor credit score makes it tougher to get approved for credit cards and loans. And when you […]
New Jersey man fights to keep his house, seeks reversal of $12.5M ruling in junk fax suit
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman LITTLE ROCK, Ark. (Legal Newsline) – A New Jersey man whose business is in Chapter 11 bankruptcy and who might lose his home is fighting a $12.5 million judgment against him in an Arkansas court because of what he maintains was the innocent sending of a […]
‘Too Little Too Late’: Bankruptcy Booms Among Older Americans
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman By Tara Siegel Bernard Aug. 5, 2018 For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy. The signs of potential trouble — vanishing pensions, soaring medical expenses, inadequate savings — have been building for […]
Have a consumer problem? How to complain and get results
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman Even when you do extensive homework before making a purchase or contracting for a service, things can still go wrong. Although most of us gripe about service headaches to family, friends, and coworkers, we seldom — studies show it’s as few as one out of four […]
How Student Debt Can Ruin Home Buying Dreams
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman When Rebecca Wills pictures the home she would like to buy, it looks like the one she grew up in: Small house. Big backyard. Enough grass for the family to lie out on when the New Jersey summers cooperate. “A place where you can come take […]
For some consumers, bankruptcy is the solution to crushing debt
Although student loan debt is difficult to discharge in bankruptcy, most other forms of consumer debt can be eliminated or reduced. One of the biggest downsides to bankruptcy is the hit to your credit report, because it remains there for seven to 10 years. Consulting with a bankruptcy attorney — often for free — can […]
My Husband Got Secret Credit Cards and Maxed Them Out
What to do when your partner ruins their credit — and credibility. Here’s how to fix financial infidelity. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. By Cheryl Strayed and Steve Almond April 17, 2018 Dear Sugars, My husband and I are both 30. We’ve been married five years. Several months ago, we decided […]
Personal bankruptcy is not a rich people problem
By Jana Kasperkevic • Apr 10, 2018 Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. When we think of bankruptcy, we often think of celebrities who have gone broke, companies that failed and crooks who are trying to cheat the system. But as it turns out, bankruptcy is most common among middle-class Americans. On […]
Money habits are set by age 7. Teach your kids the value of a dollar now
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. More money doesn’t always equal more happiness. And now we have the research to prove it. In a 2018 study, a group of psychologists at Purdue University looked at correlations between how people feel about their lives, and how much money they earn. The unexpected takeaway: […]
