Bankruptcy represents a chance for debtors to start over. It's an important tool that individuals and businesses can use when they are underwater and unsure of how to get back to solvency. People in New Jersey who are considering bankruptcy should be aware that there...
Month: April 2021
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Credit Card debt collection timeline
When New Jersey consumers fall behind on credit card bills, they may get calls from the issuer. The Fair Debt Collection Act prohibits them from abusing the system, but not collecting the debt. There are some laws in place that protect consumers from getting sued by...
Who has the highest credit card debt?
One key factor that researchers tend to use when assessing credit card debt is the age of the debt holder. By understanding which age groups possess the most amount of credit card debt, credit counseling professionals in New Jersey can better assist individuals in...