Bankruptcy can be a complicated and paper intensive process. What some people may not realize is that the paperwork requirements begin before the petition is even filed. Every filer -- regardless of whether filing Chapter 7 or Chapter 13 -- must complete a credit...
It is most likely a safe bet that no New Jersey consumer is fond of debt collectors. The practices used by debt collection agencies and other creditors bend -- if not break -- the limits placed on them under the Fair Debt and Collection Practices Act (FDCPA). One...
The Fair Debt Collection Practices Act requires creditors to adhere to certain guidelines when it comes to collecting consumer debts. Unfortunately, as many New Jersey residents have experienced, not all companies follow these guidelines when dealing with consumers....
Not since July 2011 have consumers spent more money on non-revolving debt than they did in February of this year. Even as revolving debt around the country -- including here in New Jersey -- is dropping, the number of loans for items such as automobiles and student...
When a New Jersey resident encounters financial difficulties, it can feel overwhelming. Creditors who are calling you constantly, threatening to foreclose on your home and garnish your wages often compound the concern. Fortunately, filing for bankruptcy can provide a...
New Jersey residents have experienced numerous economic setbacks in recent years from which many people are still attempting to recover. Bankruptcy is an effective option that helps families and individuals who are unable to pay their debts. In fact, a recent study...
As is the case around the country, up to one-half of the married couples in New Jersey will divorce. Ending a marriage can take a financial toll on both parties even if their financial situation was good prior to the divorce. In some cases, money problems are what...
Any number of reasons can cause a New Jersey resident to get behind on his or her financial obligations. When that happens, debt collection actions begin. Under the Fair Debt Collection Practices Act (FDCPA), it is possible to stop harassing phone calls from creditors...
Divorce alone can have a devastating effect on anyone's finances -- even those of celebrities. When divorce is coupled with other challenges, filing for bankruptcy may be able to help New Jersey residents get back on their feet financially. For instance, David Cassidy...
Recent reports indicate that the week ending on Jan. 24 saw the fewest unemployment applications since April 2000. However, the data may be skewed by the fact that the Martin Luther King holiday occurred at the beginning of that week. Even though claims dropped to...
