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 […]
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. […]
Helping Homeowners Dig Out
New Jersey bankruptcy Article By VICKIE ELMER Published: December 15, 2011 WITH interest rates at historic lows, the expansion of a federal refinancing program could help more homeowners who owe more than their property is worth move out of higher-rate or adjustable loans into something more affordable and stable. The biggest change to the plan, […]
How a Financial Pro Lost His House
New Jersey bankruptcy Article Article printed in the New York Times, November 8, 20011 By CARL RICHARDS ONE night a few years ago, when the value of our home had collapsed, our debt was out of control and my financial planning business was shaky, I went to take out the trash. There was this enormous […]
Knowing When to Refinance
New Jersey bankruptcy Article The New York Times By VICKIE ELMER Published: October 20, 2011 REFINANCINGS made up 79 percent of all 2011 mortgage applications as of early October, according to the Mortgage Bankers Association, about the same level as last year but well above the 54 percent average of the last decade. Many of […]
Identity Theft Site Aims to Sort Through Hype
New Jersey bankruptcy Article The New York Times ANN CARRNS Published: October 5, 2011 Identity theft is an anxiety-provoking topic, and one that seems to spawn a lot of hype and misinformation. To help both consumers and businesses sort out fact from fiction, the Consumer Federation of America has opened a new Web site, idtheftinfo.org. […]
