New Jersey bankruptcy Article The New York Times By RON LIEBER Published: November 2, 2009 On television it’s hard to miss the wildly popular band of slackers singing ruefully from a shabby apartment or while waiting tables in pirate regalia. The ruined credit that led to their financial misfortune might have been sparkling if only […]
Money Talks To Have Before Marriage
Divorce tends to be emotionally gut-wrenching for the people who go through it (not to mention those around them). But most couples don’t realize that divorce can also be among the most ruinous financial moves anyone can make. Sure, you could bet big and lose on a single stock or money manager. Or your small […]
Hard Work, No Pay
ON Friday we learned that the unemployment rate rose to 9.8 percent last month and that the economy lost 263,000 jobs. I have been unemployed since February. I have also been incredibly busy. My last job lasted one afternoon. I showed up at a large parking lot in a semi-remote area with a group of […]
Hurry Up and Credit My Account
What is it with these banks that are so quick to hit you with a fee for spending more than you have in your checking account but take their own sweet time in crediting deposits? My colleague Andrew Martin and I heard that complaint repeatedly from readers after we wrote about overdraft fees earlier this month. The angry questions happened […]
Credit Scores: What You Need to Know Now
New Jersey bankruptcy Article Article printed in the Wall Street Journal, September 8, 2009 By KAREN BLUMENTHAL Are you keeping score? Credit scores have been getting a lot of attention lately, as lenders tighten credit standards and contend with new legislation that has, among other things, reined in how credit-card issuers can raise rates. Meanwhile, […]
Insured, but Bankrupted by Health Crises
New Jersey bankruptcy Article By REED ABELSON New York Times Article Published: June 30, 2009 Health insurance is supposed to offer protection — both medically and financially. But as it turns out, an estimated three-quarters of people who are pushed into personal bankruptcy by medical problems actually had insurance when they got sick or were […]
My Personal Credit Crisis
New Jersey bankruptcy Article By EDMUND L. ANDREWS Published: May 14, 2009 If there was anybody who should have avoided the mortgage catastrophe, it was I. As an economics reporter for The New York Times, I have been the paper’s chief eyes and ears on the Federal Reserve for the past six years. I watched […]
Students’ First Lesson: Beware Loans’ Fine Print
New Jersey Bankruptcy Article By GRETCHEN MORGENSON Published: May 2, 2009 HIGH school seniors, thrilled at receiving fat envelopes from the colleges of their choice last month, must now figure out how to pay for the privilege of attending these institutions. For many, this will mean a journey into private student loan land, where financial […]
Does God Want You to Be Bankrupt?
New Jersey Bankruptcy Article By RON LIEBER Published: May 1, 2009 This week, yet another Washington debate over who deserves a break on their debts drew to a close. On Thursday, the Senate voted against allowing judges to adjust the terms of the mortgages of people filing for personal bankruptcy. Scratch the surface of the […]
Debt Settlers Offer Promises but Little Help
By DAVID STREITFELD Tyna Carter, burdened with $25,000 in credit card debt, did not want to be a deadbeat. After looking for help on the Internet, Mrs. Carter, a West Virginia homemaker, wound up in the hands of a sweet-talking ³credit specialist² from Texas. He claimed his company, Credit Solutions of America, could set her […]
