New York Times Article By TARA SIEGEL BERNARD Published: April 17, 2009 They bought into the notion that if they went to college — never mind the debt — their degree would lead to a lucrative job. And repaying their student loans would never be a problem. But the economic crisis has turned those assumptions […]
Faulting Credit Firms on Fixing Errors
New Jersey bankruptcy Article The New York Times By BOB TEDESCHI Published: February 6, 2009 MANY consumers are unaware what their credit score is until it’s time to apply for a home mortgage, but by then it is often too late to fix any mistakes that they might uncover in their credit reports. A new […]
Why should companies that extend credit to somebody who’s already drowning in debt benefit in bankruptcy court? Let ’em take their lumps.
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 […]
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 […]
