Musings on the U.S. Bankruptcy System and its Impact on Consumers
Reprinted with permission from Huffington Post 7-13-11 One newspaper article in 1997 told me all I needed to know about the business model for the credit card industry. Beneficial National Bank, the credit card lender for BJ’s Warehouse, notified 12,000 of its customers that it was revoking their credit card privileges. A logical guess would be …
Like generations of parents before you, you want your children to receive a great education . But unlike previous generations of parents who could wrangle together funds, grants and student loans, today’s parents are finding that available financing for their college student is at an all-time low and tuition payments are the highest point ever. The gap …
Smart Money recently ran a great piece on the basics of understanding the bankruptcy filing process (http://articles.moneycentral.msn.com/Banking/BankruptcyGuide/10-secrets-of-filing-for-bankruptcy.aspx). Many of the issues presented are ones we witness every day in our Salem, NH office. Hardworking Americans are struggling because of medical expenses, unemployment has wrecked havoc by leaving families with mounting debt and potential foreclosure, aging Americans have worked hard their …
Once the nation’s wealthiest class, today’s retirees are faced with unprecedented financial troubles that often lead to bankruptcy court.
Consumers have rights throughout the debt collection process. Here’s what you should know.