You Deserve A Fresh Start
Clearing student debt through bankruptcy means proving an undue hardship. This legal rule is very hard to meet. New Jersey residents should consider other options first. Borrowers can check income-driven plans, payment pauses and federal forgiveness programs before...
When debt becomes unmanageable, many people look at their retirement accounts and wonder if cashing out is the responsible choice. Others consider bankruptcy to address the debt but worry it could permanently derail their financial future. Who is right? Although there...
If you are in serious debt, then you may be contemplating bankruptcy. Bankruptcy is a process that can help you resolve large amounts of debt. There are two common forms of bankruptcy for individual filers. You may be eligible for Chapter 7 bankruptcy to wipe away...
Credit card debt is a common reason people file for personal bankruptcy. As unsecured, non-priority debts, credit card balances are typically eligible for a discharge. People who have fallen behind on their payments due to increasing costs or a loss of income can...
Bankruptcy can be a complicated decision if you’re married. On one hand, you may see it as a necessary step toward regaining control of your finances. On the other, you may worry that it could expose your spouse to financial consequences or drag them into a process...
If you’re dealing with creditors demanding payments at a time when you can’t pay, you may eventually face legal action for those accounts. That may lead to you ending up with a wage garnishment, which means that money is withheld from either your bank account or...
Getting a car loan is how many people can afford to have their own transportation. Yet not everyone has a good enough credit history to secure that loan on their own. Many of those who would otherwise be turned down for credit ask a family member or close friend to...
New Jersey homeowners who have missed mortgage payments are often anxious about their financial circumstances. They do not want to lose their homes to foreclosure. For most people who fall behind on mortgage payments for their primary residences, four back-to-back...
Credit card debt is a leading cause of financial strain in the United States. The fact is that life happens, and unexpected medical bills, car repairs or gaps between paychecks can leave even the most careful budgeter relying on credit cards to get by. Anyone who...
Most people understandably don’t want to file for bankruptcy unless it’s the only way to escape their overwhelming debt. However, when weighing the pros and cons of bankruptcy, it’s important not to fear things that likely won’t happen. For example, many people...
