When filing for bankruptcy, it is of the utmost importance to be truthful in disclosing your debts, as well as your assets as "Real Housewives of New Jersey" star Teresa Giudice has found out. The television star has found herself in a tough situation by not disclosing certain pertinent information in her bankruptcy hearing a couple of years ago.
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 fill the gap. However, these private loans have a much higher rate of interest, placing a huge burden on borrowers.