Credit Cards Still Keeping Many Americans Afloat

It’s hard to turn on the news these days without hearing stories about how – slowly, but surely – the U.S. economy is getting back on track.

When it Comes to Bankruptcy, Don’t Believe Everything You Hear

The Great Recession has pushed bankruptcy into the national spotlight. As a result – and rightly so – there’s a lot less stigma attached to seeking debt relief than there once was. Both Chapter 7 and Chapter 13 bankruptcy can provide significant relief to struggling debtors. However, New Jersey bankruptcy attorneys encounter many people who……
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Student Loan Discharge Granted to Woman With Asperger’s

The bad economy, combined with the rising cost of higher education, has left millions Americans with student loans they cannot afford to pay back. Usually, the solution to unmanageable debt is to discharge the obligations in bankruptcy. However, it is much harder to discharge student loans than other types of debt like credit cards, medical……
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New Jersey: Second-Highest Foreclosure Rate in the Country

Years after the beginning of the financial crisis, New Jersey is still suffering severely from its effects. A recent report by the Mortgage Bankers Association shows 8.4 percent of New Jersey’s mortgage loans are now in foreclosure, the second-highest rate in the nation. Only Florida has a higher percentage of mortgage loans in foreclosure, at……
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Filing for Chapter 7 Bankruptcy Can Provide Much Needed Relief

Filing bankruptcy may seem overwhelming, but in many situations it is truly the best option for getting your debt under control. Chapter 7 bankruptcy, also called straight bankruptcy or liquidation bankruptcy, allows debtors to discharge most of their debts without being subject to a repayment plan. However, Chapter 7 filers may be required to surrender……
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