Most Americans vividly remember living through the Great Recession and housing crisis that began 2008. The economy collapsed, millions lost their jobs and homes, and rates of both business and personal bankruptcies skyrocketed. The economy eventually recovered, and...
If there's one thing that parents fear when it comes to divorce, other than losing contact with their children, it is losing a significant amount of their income to child support payments. Despite prevalent myths from people claiming that the state has taken more than...
Those high-interest payday loans were so financially devastating to consumers who were already struggling that many states -- including New Jersey -- banned them. That merely ushered in a whole new kind of predatory lending known as the installment loan. Marketed to...
Imagine finalizing your New Jersey divorce and walking away feeling content with your share of the limited assets you and your spouse held together. A few months later, you spot your ex bragging on social media about the new yacht he bought. Unless he just won the...
For most people, the idea of filing for bankruptcy can seem like a financial death sentence. While going through the bankruptcy process is never easy, bankruptcy is for people who want to eliminate substantial debt and get their financial lives back on track – which...
While you realize that bankruptcy is the most favorable option for your financial health, you may still feel uneasy about filing. You want to put it all behind you and rebuild your financial house, and you know working on your credit score is a good place to start. ...
Purchasing a new home represents not only a thoroughly exciting adventure, but also a huge investment. In all likelihood, you will pay more for your home than for any other asset you ever acquire. That is why you need to know that when title passes from your home’s...
When you file bankruptcy, the court will issue an automatic stay. According to Cornell Law School, this is a hold that goes in place to prevent creditors from trying to collect debts from you. The automatic stay helps to keep your case organized because it stops...
Same-sex marriage has been legal in the U.S. for five years (seven in New Jersey), but many states still have laws on the books that oppose it. That resistance signifies that some people view LGBT marriage as somehow different than heterosexual marriage. Is it? Is...
When you file Chapter 7 bankruptcy, the court will liquidate or sell your assets to repay your debts. While this may seem alarming, the good news is that the law allows you to exempt some of your property, which means you get to keep it and the court cannot take it...
