U.S. Foreclosures Down in First Quarter of 2012

New data shows that total U.S. foreclosure filings hit their lowest point since 2007 during the first quarter of 2012. 2007 is generally considered to be the year when the economic crisis began. All told, there were approximately 573,000 foreclosure filings in January, February and March 2012, an 11 percent drop from the same period……
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Real Life ‘Jerry Maguire’ in Bankruptcy

At one point, Leigh Steinberg was probably the most famous agent in all of professional sports. He even served as the model for Tom Cruise’s character in the movie “Jerry Maguire.” Unfortunately, as has happened to so many people, Steinberg fell on hard times. He made some bad investments, lost two homes to mold and……
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5 Steps Toward Building a Better Credit Score

The need for a good credit score is an increasingly important fact of life. Not only do credit scores influence your ability to get a loan, but they are also now often used to determine whether you will be hired for a job or allowed to rent an apartment.

More Americans Using Tax Refunds to Pay for Bankruptcy

With tax season upon us, many New Jersey residents are trying to decide what to do with that much-anticipated refund check.  Increasingly, people in New Jersey and throughout the country are using their refunds to file for bankruptcy. The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act raised the average cost of filing for bankruptcy by……
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Should Student Loan Debt Be Dischargeable in Bankruptcy?

Student debt is at an all-time high. For the first time ever, total outstanding student loan debt topped $1 trillion in 2011. In 2010 alone, American students took on more than $100 billion in debt to pay for their educations. New Jersey student certainly aren’t immune from this problem. The average New Jersey undergrad carries……
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