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Pros and Cons of Short Sales

It’s a jarring, but true statistic that millions of Americans have trouble paying their mortgage. Sometimes it’s because a family will simply live paycheck-to-paycheck, other times it’s because unforeseen situations could even have them facing foreclosure. Owners in this situation may also consider a short sale. A short sale is the process of selling a……
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The Difference Between Foreclosures & Short Sales

Your debt is overbearing and you can’t keep up with your mortgage payments. There are a few possible paths you could face next, including foreclosure or a short sale. Both will help pay back creditors and lenders, but they’re different routes and don’t come without their own problems. Foreclosure If you miss a certain number……
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Debts Discharged in Chapter 7 Bankruptcy in New Jersey

Many people elect to file for Chapter 7 bankruptcy since it is a good choice to discharge most or all of your debt. Of course, there are a few debts that can be categorized as non-dischargeable, but under Chapter 7 there are plenty of different types of debt that CAN be discharged. For starters, a……
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Reaffirming Your Car Loan is NOT a Requirement in NJ Bankruptcy

Despite what you might have been told by your creditors, you may not have to sign a reaffirmation agreement on your car loan in order to avoid repossession or to rebuild your credit score after filing for bankruptcy. What is a Reaffirmation Agreement? A reaffirmation agreement is a voluntary document that legally obligates a borrower……
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3 Tips To Avoid Identity Theft & Credit Card Fraud

We live in a scary time. Modern technology makes it very easy for people to remain anonymous, which gives fraudsters more chances to try and steal your identity and credit cards. It’s possible your information has already been compromised. But you don’t have to sit back and let people steal from you. You have the……
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