Top 5 Reasons Not To Refinance a Defaulted Private Student Loan
If you are in default on a private student loan, you cannot get out of it unless the lender lets you. Unlike the federal system, there is no rehab. But what if there was the equivalent of a federal...
View ArticleAvoiding Distracted Driving: Turn by Turn Directions on GPS
GPS devices have more and more become a part of our everyday lives. Whether you use a Garmin, Tom Tom, or your smartphone with Google Maps, figuring out how to get to your destination has become a...
View ArticleIt's Okay to File Bankruptcy; Sometimes Things Are Out of Your Control
It happens far too often than not when I meet with people considering bankruptcy: I find out that they have done things (dumb things) to avoid filing bankruptcy, like raiding a pension. Bankruptcy...
View ArticleWhy My Clients Benefit From My Charging More for a NJ Bankruptcy
People filing bankruptcy don't have a lot of money; I get it. This is something that I have known for the 20+ years I have been doing this type of work. For this reason, price is a key factor for...
View Article5 Signs That You're Interviewing the Wrong Bankruptcy Lawyer
I have written before about how to pick a good bankruptcy lawyer, and there are certainly lots of articles on the Internet about how to do this, but a blog post by a colleague of mine, Jay Fleischman,...
View ArticleWho Is to Blame for the Student Loan Crisis
Student loan debt is now over $1 trillion nationally with 34 million borrowers. Of those, 16% or 5.5 million are hiding out in a forbearance or deferment (because they can’t afford the payments), and...
View ArticlePresident Obama's Recent Student Loan Fix a Bandage Not a Cure
There has been a lot of talk in the news about President Obama’s recent actions to “make college more affordable.” But has he accomplished this? Has he taken steps to lower the cost of attendance of a...
View ArticleBankruptcy is Not the Only Solution to a Bank Levy or Wage Execution
I am sure that you have heard the expression, “When you’re a hammer, everything looks like a nail!” Unfortunately, this also can sometimes be applied to the legal profession: “When you’re a bankruptcy...
View ArticleShould Parents in NJ Be Forced to Pay for an Adult Child's Education
Last week, a judge in Camden County, New Jersey, in a case reminiscent of the Rachel Canning case in Morris County, has ordered that the divorced parents of 21-year-old Caitlyn Ricci pay for her...
View ArticleFeeling Pessimistic About Repaying Your Debt? Why Not Bankruptcy?
The Washington Post reported on Wednesday that "nearly one in five consumers with loans said they think they will never be able to finish paying off their debt.” This is twice the number of people that...
View ArticleDistracted Driving Awareness Month 2015 with PADD
April is Distracted Driving Awareness Month, and when I saw that pop up on my calendar, I was reminded of an April in 2012 when I started to see hand lettered signs all over Washington Township in...
View ArticleYou Can Actually Be Too Broke to File Bankruptcy!
It is a sad state of affairs when a person is too broke to file bankruptcy, the one thing that can mean a better financial life for many Americans. But according to a recent article in The Wall Street...
View ArticleA Bankruptcy Trustee Might Try to Take Back Your Child's Tuition
So your child is attending college to get a good education, and you are able to afford to make the tuition payments rather than borrow the money. But recent job loss, disability, or some other...
View ArticleUnpleasant Gotcha for Out of State Drivers Getting a New Jersey DUI
I received an e-mail recently from a client I had represented in a DUI a couple years ago. He was a PA licensed driver, so the immediate consequences were less severe than if he had been licensed here...
View ArticleWant a Lasting Marriage? Get Your Credit Scores with Your Blood Tests!
This just shocks me (but doesn’t altogether surprise me)! The Federal Reserve Board has released a paper that looks at the role credit scores play in committed relationships. This paper shows,...
View ArticlePaying Off Your Credit Cards Every Month Might Actually Hurt Your Credit
I got some shocking news yesterday. I am currently recording telephone interviews for a semi-monthly podcast I will be launching soon and was talking to Domenic Postorivo of Greentree Mortgage about...
View ArticleHot Tips on New Year's Resolutions for a Better Financial Future
For many, 2015 was not a good year as people continued to struggle with debt, whether it be credit cards, medical bills, or student loans. Every single day this year, someone reached out to me with a...
View ArticleFinancial Freedom Podcast Launched!
It seems like every day, in one way or another, I am helping people with a problem related to their financial situation. This could be with a bankruptcy, the defense of a lawsuit brought by a creditor,...
View Article50 Cent: Another Celebrity in Bankruptcy Trouble Through Stupidity?
50 Cent (Curtis Johnson) is in the news again over his bankruptcy filing. Like other celebrities who went broke (Len Dykstra, Theresa Guidice, "Dance Mom" Abby Lee Miller), he is currently jeopardizing...
View ArticleShould the Federal Government Make a Profit on Student Loans?
There has been quite a bit of talk lately about how the federal government should not make a profit on student loans. The whole program should be revenue neutral to the student (or his/her parents) and...
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