New Jersey bankruptcy Article By TARA SIEGEL BERNARD Published: February 18, 2011 Millions of consumers have fallen out of favor with the credit scoring gods. Some lost their jobs or were just overwhelmed by mounting debt. Others got caught up in the real estate bubble or had major medical bills. Whatever the reason, the rising […]
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 […]
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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 […]
Peddling Relief, Firms Put Debtors in Deeper Hole
New Jersey bankruptcy Article The New York Times By Peter S. Goodman Published: June 18, 2010PALM BEACH, Fla. — For the companies that promise relief to Americans confronting swelling credit card balances, these are days of lucrative opportunity. So lucrative, that an industry trade association, the United States Organizations for Bankruptcy Alternatives, recently convened here, […]
Beware of Taxes when walking away from a Mortgage
New Jersey bankruptcy Article The Wall Street Journal By JEFF D. OPDYKE Maxine McDaniel has a message for Americans considering walking away from an unaffordable mortgage: Beware of taxes. Though not every homeowner who’s underwater on a mortgage need worry, many are finding that a foreclosure or other form of housing loss can lead to […]