There may be plenty of baby boomers in New Jersey that wish they could afford to retire, but just don't feel they can due to their financial situation. When the recession hit, many baby boomers believed that the equity in their home was like having a savings account....
Debt Management
New Jersey bankruptcy: Can credit cards help rebuild credit?
With many consumers in New Jersey struggling with their credit card debt, it may be difficult to believe that credit cards may actually be helpful. As a part of planned debt management, it is possible. Credit cards can be used to rebuild a consumer's credit score...
New Jersey bankruptcy: Christmas and financial management
It's that time of year again. The holiday shopping season is in full swing, and many in New Jersey are feeling the pressure to find that perfect gift for each person on their list. One big question that comes up every year is how consumers are paying for those much...
New Jersey bankruptcy: What to look for when seeking debt relief
Many people around the country, including in New Jersey, are having a difficult time paying their bills and are often living from paycheck to paycheck. For many, the situation has reached the point where they are looking for help. Debt relief options, including...
New Jersey bankruptcy: Debt drops to pre-recession levels
It appears that Americans are paying less on mortgages, credit cards, and other loans. New Jersey residents who are still facing foreclosure and bankruptcy may not agree, but overall, it appears that families are getting back on their financial feet. The question then...
New Jersey bankruptcy: Credit card traps consumers hope to avoid
Credit cards often come in handy and can be helpful to build good credit. However, in this economy, more and more New Jersey consumers are understandably using them to get by during hard times. Unfortunately, this can sometimes lead to insurmountable debt. In those...
New Jersey retirees may need to consider bankruptcy
Traditionally, student loan debt has been a problem that younger or middle-aged Americans had to worry about. Now, however, a growing number of retired New Jersey citizens find themselves having to confront student debt head-on. Many of them may have taken out the...
Bankruptcy attorneys say student loan debt is on the rise
Students in New Jersey and across the nation know how pricey their "priceless" educational pursuits often turn out to be. Student loan debt is now topping U.S. credit card debt, and 81 percent of members of the National Association of Consumer Bankruptcy Attorneys say...
Overspending before the holidays can lead to debt, bankruptcy
Overspending during the holidays is tempting. Many people are in the spirit of giving and want to find the perfect gift for everyone on their list. While there is nothing wrong with generosity, it is important to find gifts that fit within your budget. A recent...
New Jersey study shows need for debt relief
Downward trends in the economy will have devastating effect on families, homeowners, business owners and the community. When New Jersey citizens are unemployed, they also tend to accumulate personal debt. When they have too much personal debt, they cannot afford their...