More than 1 million kids were victims of identity theft last year. By Casey Bond Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Identity theft is a constant threat these days. With the number of major data breaches that have occurred in the past few years, such as the unprecedented Equifax breach in 2017, […]
Millions of Americans are swimming in debt but can’t stop spending
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman A recent study from finance company Northwestern Mutual shows the average American now has $38,000 in debt, not including mortgages. Buzz60’s Sean Dowling has more. Buzz60 Originally published here by USAToday.com
How To Get A Mortgage When You Have Bad Credit
A low credit score isn’t always a deal breaker. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Bad things happen to good people, and bad credit is sometimes one of them. It can be a pain: A poor credit score makes it tougher to get approved for credit cards and loans. And when you […]
For some consumers, bankruptcy is the solution to crushing debt
Although student loan debt is difficult to discharge in bankruptcy, most other forms of consumer debt can be eliminated or reduced. One of the biggest downsides to bankruptcy is the hit to your credit report, because it remains there for seven to 10 years. Consulting with a bankruptcy attorney — often for free — can […]
My Husband Got Secret Credit Cards and Maxed Them Out
What to do when your partner ruins their credit — and credibility. Here’s how to fix financial infidelity. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. By Cheryl Strayed and Steve Almond April 17, 2018 Dear Sugars, My husband and I are both 30. We’ve been married five years. Several months ago, we decided […]
Personal bankruptcy is not a rich people problem
By Jana Kasperkevic • Apr 10, 2018 Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. When we think of bankruptcy, we often think of celebrities who have gone broke, companies that failed and crooks who are trying to cheat the system. But as it turns out, bankruptcy is most common among middle-class Americans. On […]
Navigating the Financial Side of a Relationship
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Couples can fight about anything, it’s just a fact of relationships. But arguments about money have a tendency to be particularly toxic, since they’re layered with deep emotional and personal history. In fact, researchers have shown there’s a direct relationship between the number of times a […]
The Reasons More Older Americans Are Filing For Bankruptcy
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Ada Noda was an 80-year-old great-great grandmother when, in 2008, medical bills from her 2004 emergency open-heart surgery were more than she could ever afford. She ultimately filed Chapter 7 bankruptcy. Now, nine years later, the feisty widowed matriarch from St. Augustine, Fla. says her decision […]
Bankruptcy timeline: Rebuilding credit
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman You’ve filed for bankruptcy. Now it’s time to start rebuilding your credit. It will be hard to get credit at the start, but it won’t be impossible. The bankruptcy on your record means you will have to pay more to borrow money, since you’ll probably be […]
What to Do if You Have Medical Debt
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman The share of people with medical debt has fallen in recent years, but past-due medical bills remain a stubborn burden, especially among younger adults, according to reports published this month by the Urban Institute. “It’s more common than you think,” said Signe-Mary McKernan, a senior fellow […]
