Category Archives: Personal Bankruptcy

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Drowning In Debt? Don’t Do This!

Lying awake at night, thinking about where the money is going to come from to pay the stack of mounting bills is unnerving and all-consuming. Being in debt quickly becomes so overwhelming that people often make choices that make the problem worse, instead of better. If you are dealing with a financial crisis at home,……
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Five Ways to Reduce Family Stress During Bankruptcy

Being bankrupt to the point that you may lose your home is one of the most stressful things that can happen to you. It is one of the rare issues that can cause divorce among otherwise happy couples and strife within the family. Now is the time to work on your stress management skills. At……
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Bankruptcy Statistics Drop, but that Doesn’t Mean Much for Those in Debt

According to the Fitch Ratings’ Report, annual U.S. personal bankruptcy filings are dropping for the fifth year in a row. However, the report also states that the rating decline should begin to level off soon, as lending guidelines become more lax. Total bankruptcy filings are predicted to fall another eight to 10 percent in 2015…….
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Mortgage Foreclosures Have Statutes of Limitations

When you sign a promissory note for a mortgage loan, you agree to pay back the money borrowed in installments over a set period of time. New Jersey has a statute of limitations on mortgage foreclosure complaints filed by lenders. If the bank fails to complete the foreclosure before the statute of limitations runs out,……
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