It's tough to keep your house in New Jersey when you are experiencing financial difficulty and cannot seem to get the bank's attention. Many New Jersey homeowners are wallowing in debt and depend on mortgage modifications to stop foreclosure. However, banks are...
As if things weren't already rough enough for struggling homeowners, New Jersey courts have now delivered a crushing blow. Acting on requests made by four of the country's largest banks, a judge has permitted resumption of home foreclosures in the state. One of the...
With the national economy still ailing and so many people out of work, West Caldwell residents have been hearing a lot about bankruptcy recently. But it is not just your friends and neighbors who are filing - the economic woes of the past few years have hit people of...
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...
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...
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...
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...
The current dismal job market and floundering economic climate are affecting households all across the U.S. Many people in New Jersey are relying heavily on credit cards to make ends meet and so end up facing substantial debts. Couples who get too deep into credit...
A recent survey revealed of the two-thirds of Americans who have a mortgage, 22 percent are struggling to make their payments. Clearly, many homeowners have found themselves in less-than-ideal situations and do not know where to turn to stop foreclosure from...
Financial hardship is no joke. Individuals facing financial difficulties experience a level of stress that is unparalleled. Depending upon an individual's circumstances, a good option for debt reduction is to file for bankruptcy. According to a recent New Jersey...
