A recent CNBC news report has provided some food for thought for New Jersey residents and people all over the United States. The subject is debt. With growing numbers of Americans facing bankruptcy and in need of debt relief, the highlights of the story may prove a...
Debt Management
Devising a financial management course for business success
Bankruptcy protection, such as a reorganization plan under Chapter 13 of the Code, may well give an individual or business breathing space to devise a strategy acceptable to creditors for repayment of obligations and continued operation of the business. However, other...
Bankruptcy and student loans often like oil and water
Countless numbers of people all over the United States turn to bankruptcy protection in order to find relief from uncontrollable debt. For many people, filing for bankruptcy is an opportunity to wipe the slate clean and start anew in hopes of building a secure...
Mounting bills impact New Jersey couples trying to retire
Where do people turn when they are crushed by paralyzing debt? A recent interview with a New Jersey couple reveals just how difficult it can be to manage debt and return to a state of financial peace. The interview focused on the story of a husband and wife, aged 63...
Hefty student loan debt may lead to other financial woes
For many people in New Jersey, student loans can make up a large part of their financial problems. Students, especially those at for-profit schools, are often unable to secure enough government aid to cover the high tuition. They are forced to rely on private loans to...