There are many kinds of debt that a New Jersey resident can fall into, but probably the most forgivable type of debt should be medical debt. Can you blame someone for accruing debt just because he or she wants to live healthy life? Indeed, when you are sick and in...
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Debt Relief
Alternatives to bankruptcy through debt settlement
New Jersey residents who are struggling financially are often overloaded with debts they cannot pay. Fortunately, there are some workable solutions that can be employed, including bankruptcy. However, there are also alternatives to bankruptcy that can help you resolve...
Insurance no guarantee against medical debt problems
Just because you have health insurance does not mean you are immune to getting hit with medical debt problems. The Affordable Health Care Act has helped a large number of Americans who didn't have insurance get important medical insurance coverage. However, this has...
Even the “rich and famous” can violate bankruptcy laws
You may have seen them on television: the "Real Housewives" of New Jersey, who engaged in a variety of sometimes seemingly outrageous attention-getting behaviors to boost viewership ratings. But sometimes what is made-for-TV acting out and acts that can have real...
Which is better: Chapter 7 or Chapter 13 bankruptcy?
Most people are aware that there are multiple types of bankruptcy that can be used to help them get out of a financial crisis, but they do not know the differences or how they work. If you are considering filing for bankruptcy, it is important that you understand all...
Financial challenges may lead to even more debt collection calls
We recently posted a blog about how the future might hold promise for a relaxation of the rules that essentially prohibit the discharge of student loan debt in a consumer bankruptcy. Consumers who doubt the determination of the federal government to recover the $94...
How the Fair Debt Collections Practices Act protects you
Falling behind on bills and struggling with debt is stressful enough. You do not need debt collectors harassing you at all times of the day. Thankfully, there are laws intended to protect you from creditor harassment. The Fair Debt Collections Practice Act is one of...
Why hiring a bankruptcy attorney is a good idea
When you find your finances in shambles and can’t see any way out, you may be considering bankruptcy. Some of your friends and family may say you can do it by yourself, and they would technically be correct. But filing for bankruptcy on your own to find debt...
Could student loan debt relief be possible in the near future?
As the saying goes, the only things certain in life are death and taxes. But whoever originated that adage must have never tried to have a student loan debt discharged in bankruptcy. Up until recently, it was fairly certain that it couldn’t happen. But that may...
Finding the right debt counselor
Receiving advice and services from a reputable debt counselor in New Jersey can be very beneficial if you are seeking debt relief. This individual can help you to map out a repayment plan for paying off debts and set a budget that will work well for your lifestyle....