Debt is challenging financial reality that many people face. Unfortunately, most people assume that poor financial decisions are the primary cause of debt. In reality, life’s unpredictability can often be the real culprit. Certain major life events can lead to...
Medical bills in this country keep rising – and they can financially overwhelm almost anybody. If you’re dealing with an unexpected hospital bill (or one that was just unexpectedly high) there are several things you can do to try to lower or manage the bill. These...
Healthcare in the U.S. isn’t free. While comprehensive insurance programs can cover a lot, they do not necessarily cover everything. What this means is that a significant number of people end up in medical debt. Some procedures are much more expensive than others....
Under New Jersey law, a lender that wants to foreclose has to send the debtor a notice of intent (NOI). This indicates that a foreclosure is coming in the future, providing information to the borrower and also giving them a timeline. For instance, after receiving the...
Sometimes, people get in over their heads financially due to a lack of resources or education. They may have been unaware of that balance transfers can lead to a large amount of interest applied to an account all at once, for example. Seemingly minor financial...
High prices on everything are a common woe among many Americans. In recent years, many families have seen their grocery bills double and have made sacrifices to make ends meet. With so many people already living paycheck-to-paycheck, you may wonder if more people are...
One of the many reasons that people avoid personal bankruptcy is concern about what it may mean for their credit. Their current financial struggles may have damaged their credit, but they worry that bankruptcy could do irreparable damage. Bankruptcy does have a strong...
If you've fallen behind on payments and racked up debt, you're probably all too familiar with the persistent calls and letters from debt collectors. As the harassment escalates, you may be tempted to stop answering and ignore them completely. However, ignoring your...
Student loans can feel like a dark cloud hanging over one’s head. For many graduates, the weight of monthly payments can be overwhelming, leading to the question: can bankruptcy be a way out? The good news is that it’s possible under limited circumstances, but there...
Even with the Affordable Care Act (ACA), which has helped many uninsured Americans get health insurance, medical debt is still the most common type of debt that goes into collection. It also shows up on credit reports, which can affect virtually every aspect of a...
