Bankruptcy

If you struggle with debt, you are not alone. People born between the mid-1960s and 1980 have, on average, $32,878 in debt, not including mortgages. There are various good reasons to use loans and credit cards when it comes to debt. In times of economic hardship,...

Many people consider bankruptcy to be a last resort, but it can also be a fresh start for many people facing too much debt. If you are considering bankruptcy, your biggest concern may be your credit score. Understanding what to expect of your credit score can help you...

Bankruptcy is an advantageous tool for many Americans, as it can help discharge many oppressive debts and many types of debt. From personal loans to credit card debt, bankruptcy can help you eliminate outstanding balances across several sources. That said, bankruptcy...

Many New Jersey residents facing increasingly overwhelming debt decide to file for bankruptcy because they grow tired of having creditors harass them at home, at work or both. Creditor harassment may well prove anxiety-inducing, but once you formally file for...

Falling into debt is stressful enough, but you may feel at your wit’s end if you are also facing a steady stream of communications from creditors and debt collectors. While New Jersey debt collectors have a right to try to reclaim what you owe them, there may be...

Even if you have a comparatively minor injury or ailment, you may spend tens of thousands of dollars on a diagnosis and treatment. Unfortunately, medical care costs more than most Americans can afford, often leaving individuals with substantial debt. According to...

When your finances become overwhelming to the point where you see no reasonable way to dig yourself out of debt, you may start considering filing for bankruptcy. Depending on the specifics of your situation, filing for bankruptcy may be the fastest way to put an end...

The Fair Debt Collection Practices Act ensures that people suffering from debt do not also have to suffer through debt collector harassment. Unfortunately, that does not stop debt collectors from trying. It is important to recognize the type of harassment debt...

Some people fear filing for bankruptcy because they think they will lose everything they own. This is far from the truth. Bankruptcy is a process intended to help people rid themselves of burdensome debt and get back on their feet. You should not fear that bankruptcy...

Bankruptcy is the legal process that allows you to get rid of debts you cannot pay. Because someone will lose out, usually the creditors, the process is a serious matter where the court verifies that you simply are unable to make payments on your debts. According to...