It can be easy to get into trouble with credit cards. In many cases, the recession put many New Jersey residents in the position of having to use their credit cards in order to stay afloat. Even if your financial situation has improved, the debts created during a...
Many New Jersey residents find themselves dealing with more debt than they can handle through no fault of their own. For some reason, debt collectors seem to think that harassing people who are already stressed -- and whose finances are stretched to the limit -- will...
When a New Jersey resident files for bankruptcy, something called an automatic stay is instituted. This means that as soon as the person filing for bankruptcy receives a case number, all creditor activity to collect a debt is required to stop. Notification of...
The most recent data is showing that the number of people filing unemployment claims for the first time is down nationwide. However, here in New Jersey, that number rose an alarming 70 percent in one week. This influx of unemployed people in our state could cause a...
Credit card debt plagues a vast number of people around the country and here in New Jersey. At this point in our history, much of that debt was incurred during the recession when people used their credit cards to pay for the food they put on the table and the...
Sometimes the first thing in the morning or the last thing at night that many New Jersey residents do is receive calls from creditors or debt collection agencies. Debt collectors can be relentless in their efforts to get individuals to pay. However, it is possible to...
Anyone in New Jersey who has been to a doctor recently, paid an insurance premium or obtained a prescription understands the rising costs of medical care in the United States. In fact, many bankruptcy filings are due to medical debt -- either directly or indirectly....
Financial advisers often recommend that college students here in New Jersey and around the country begin building their credit history by obtaining and using a credit card. Building a credit history may be important, but that goal could easily be sabotaged by misusing...
Numerous New Jersey residents have a significant amount of medical bills that they are unable to pay. One source suggests that one out of every three people in the United States has trouble paying medical debt. Many of these patients are looking for ways to stop...
Two main factors push the interest rates on credit cards up. The first is the fact that no asset secures the debt, and the second is the 2009 law limiting the amount of penalties companies can collect on delinquent balances. With interest rates soaring into the 21...
