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Many things can have impacts on a person’s overall debt and financial situation. This includes how high of a credit card balance he or she has. A recent report indicates that such balances are typically pretty high here in New Jersey. The 24/7 Wall St. report, using...
People often believe that if they were rich and famous, they could live a happy life free of financial worries. Unfortunately, life is rarely worry-free for anyone. In fact, just like the rest of us, some of the most rich and famous people in the world have struggled...
Most shoppers enjoy a sense of comfort in knowing that when they go to a retail center they are likely to see some of the stores that have been there since they were kids. Stores such as Radio Shack or Payless ShoeSource are perfect examples. But today, if you are...
We have previously written about how important it is for a Debtor to be honest during the bankruptcy process. This was a particularly important lesson in a Chicago courtroom last month. Lynn Y. Zoiopoulos, an Illinois physician, was sentenced to 30 months in federal...
Dance Mom Abby Lee Miller is due in court this month to be sentenced for her role in a bankruptcy fraud case. The case began nearly four years ago, when Miller filed for Chapter 11 bankruptcy, claiming her business made only $8,899 per month. This misstatement might...
Many Americans are struggling to get by or just barely make it. If you have fallen behind on bills, mortgage payments, or other debt you are not alone. Many celebrities have filed for bankruptcy in order to have a fresh financial start, and ended up making a comeback...
If you are applying for a job, it is likely that your potential employer will search for your name online. It is becoming increasingly more common to find companies using online information as part of a formal or informal background check before extending a job offer....
Li' Kim's $3 million Alpine, New Jersey mansion faces foreclosure, proving once again that even the rich and famous can fall on hard times. Kimberly Jones, also known as Lil' Kim, has had a string of financial troubles, culminating in a 2010 foreclosure action on the...
As part of its recent crackdown on bankruptcy fraud, the FBI has arrested eight people who allegedly hid over $3 million from the bankruptcy court. In one case, the U.S. Attorney alleged that a woman gave nearly all of her assets, including a $1.8 million tax refund,...
According to the Consumer Financial Protection Bureau (CFPB), a student loan debt relief scam has illegally been tricking borrowers into paying for federal loan benefits. Student Aid Institute, Inc., misrepresented to consumers that it was affiliated with the...