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Bankruptcy is the Cost of the Way the Credit Card Industry Does Business

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 that they . . . → Read More: Bankruptcy is the Cost of the Way the Credit Card Industry Does Business

Getting a College Degree Shouldn’t Bankrupt Your Family

With college costs rising, should parents and students go into debt to obtain that degree?

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 . . . → Read More: Getting a College Degree Shouldn’t Bankrupt Your Family

Happy 2010 – Ring in the New Year with Improved Financial Knowledge

Welcome 2010

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 . . . → Read More: Happy 2010 – Ring in the New Year with Improved Financial Knowledge

Bankruptcy of the Elder Class

Once the nation’s wealthiest class, today’s retirees are faced with unprecedented financial troubles that often lead to bankruptcy court. . . . → Read More: Bankruptcy of the Elder Class

Be on the Look Out for Credit Fraud

Consumers have rights throughout the debt collection process. Here’s what you should know. . . . → Read More: Be on the Look Out for Credit Fraud