The majority of college graduates in New Jersey and nationwide leave their respective colleges and universities with something in addition to their diplomas -- student loan debt. Paying back those loans -- or not being able to pay them back as the case may be -- is a...
Month: February 2014
Sometimes filing for bankruptcy is the best way out of debt
Advice columns in New Jersey and elsewhere recommend how to get out of debt. Unfortunately, many individuals' financial problems have gone beyond the otherwise good advice that many columnists provide, and bankruptcy may be the preferred way to responsibly deal with...
Medical bills: the number one reason to file for bankruptcy
New Jersey residents may not be surprised that the costs associated with health care are on the rise. Even people with insurance could be left with thousands of dollars in out-of-pocket medical expenses they cannot pay. For this reason, one government study puts...
Unpaid mortgage debt still plagues New Jersey homeowners
For some time now, New Jersey has held steady at being number two in the nation for home foreclosures. However, the state holding the number one spot is beginning to pick up the pace of finalizing foreclosure proceedings. This could mean that the amount of unpaid...