When one thinks of foreclosures, the growing debt in the housing market is the first thing that typically comes to mind. While these foreclosures are hitting the highest numbers, foreclosures of non-residential properties are at an increase since the beginning of the...
Month: April 2012
Real bankruptcy of New Jersey
The Garden State has some famous firsts and some famous people. New Jersey is the site of the first baseball game. We're known for our boardwalk and beaches as well as our sweet corn and salt water taffy. Our famous people include Bruce Springsteen, Frank Sinatra, Bon...
Study shows more consumers are focusing on car payments
There was once a time when New Jersey residents, and people all across America, would put paying off home loans as a priority in their debt management. In fact, out of the three most typical types of loan payments -- car loans, credit cards and mortgage loans --...
Bankruptcies spike as tax returns come in
Saving money in order to file for bankruptcy probably sounds strange to some people. Saving money implies that one has money, and therefore wouldn't need to file for bankruptcy. However, in recent years, filing fees and related costs for filing a bankruptcy in New...
Federal government penalized 8 more banks for improper practices
Knowing that you have debt hanging over you that puts you in danger of bankruptcy or foreclosure is a stressful and difficult enough process on its own for New Jersey families. This situation is made even more troubling when your home is improperly foreclosed upon for...