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...
[caption id="attachment_204" align="alignleft" width="300" caption="With college costs rising, should parents and students go into debt to obtain that degree?"][/caption] 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...
[caption id="attachment_84" align="alignleft" width="300" caption="Welcome 2010"][/caption] 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...
[caption id="attachment_69" align="alignleft" width="197" caption="U.S. senior citizens are facing an unprecedented spike in bankruptcy filings"][/caption] While the news media focuses most of its efforts on covering the economic downturn and its effect on the young and middle aged populations, there is a silent yet growing contingent of Americans who are facing financial hardships and the...
[caption id="attachment_10" align="alignleft" width="300" caption="The Credit Crunch Hits Home"][/caption] Like many Americans, nearly one in four today, you may be out of work and having difficulty paying your bills on time. The phone rings non-stop at home, the warning letters arrive daily, and you wonder if you will ever have another moment’s peace again. Consumers...