New Jersey bankruptcy Article September 27, 2011 By Michelle Singletary The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation. At the height of the housing crisis, when foreclosures across the country began a troubling increase, Congress […]
Seven New Rules For the First-Time Homebuyer
New Jersey bankruptcy Article The New York Times By RON LIEBER Published: September 11, 2009 Too many people bought too much house for too many years. Yes, the financial system almost collapsed because mortgage bankers and brokers told lies about loan terms and loosened standards in dangerous ways, and investment bankers packaged those loans into […]
How to Dispute Credit Report Errors
New Jersey bankruptcy Article May 17, 2011, 3:45 pm By TARA SIEGEL BERNARD Credit reports have increasingly become consumers’ passport to the financial world. Whether you want to rent an apartment, get car insurance or apply for a credit card, the data in your credit report will be one of the crucial measures used to […]
A Red Flag on Reverse Mortgages
New Jersey bankruptcy Article The New York Times By RON LIEBER March 11, 2011 It is the saddest of paradoxes: a government-backed financial maneuver intended to free up extra money for struggling older people turns out to have left some widows and widowers on the brink of foreclosure. This week, AARP sued the Housing and […]
The Worst and Best Credit Cards of 2010
New Jersey bankruptcy Article By JENNIFER SARANOW SCHULTZ January 13, 2011 The editors of credit card comparison site CardRatings.com recently announced their take on the worst and best credit cards of 2010. The cards rated the worst included those with high rates, high fees and little disclosure while those rated the best “bucked a trend […]
In College, Learning About Money
New Jersey bankruptcy Article By RON LIEBER Published: January 7, 2011 One of the more difficult questions of the mortgage collapse was just how much blame individuals should take for signing up for loans they didn’t understand. Yes, many mortgage brokers steered people into harmful products. All sorts of banks, meanwhile, paid the brokers more […]
Debt Collectors Face a Hazard: Writer’s Cramp
New Jersey bankruptcy Article THE NEW YORK TIMES By DAVID SEGAL Published: October 31, 2010 When Michael Gazzarato took a job that required him to sign hundreds of affidavits in a single day, he had one demand for his employer: a much better pen. “They tried to get me to do it with a Bic, […]
6 Ways To Kill Your Credit Score
New Jersey bankruptcy Article Lenders, insurers, landlords and others will charge you more or flat-out reject you if you show up with a low FICO score. Here’s how you may be doing yourself harm. By Jeanne Sahadi, CNNMoney.com senior writer 1. Be a big spender at the wrong time The bigger your total balance as […]
Automated Debt-Collection Lawsuits Engulf Courts
New Jersey bankruptcy Article By ANDREW MARTIN Published: July 12, 2010 As millions of Americans have fallen behind on paying their bills, debt collection law firms have been clogging courtrooms with lawsuits seeking repayment. Few have been as prolific as Cohen & Slamowitz, a Woodbury, N.Y., firm that has specialized in debt collection for nearly […]
‘Daddy, Are We Rich?’, and Other Tough Questions
New Jersey bankruptcy Article By RON LIEBER Published: July 9, 2010 There is nothing like an inquisitive child to make you realize just how complicated the topic of money is. That’s what I ended up thinking after my 4-year-old daughter a few weeks ago stomped her feet, turned red and demanded to know why we […]
