New Jersey consumers who are overrun by debt know how stressful and overwhelming it can be to feel out of control. You may find yourself in a similar situation, wondering how you will ever catch up on your owed balances and make the phones calls, letters and other collection efforts stop. However, it is possible that what you are experiencing is not normal collection practices but falls into the category of harassment.
It's bad enough that some financial calamity prevented you from keeping up on your mortgage payments. Then you began receiving calls, letters and other correspondence from your lender, telling you to pay up, even though you made it clear that you aren't able to make the payments under the current terms of your mortgage loan. You probably tried everything to work something out, but your lender refuses to work with you. Now, your lender threatens to file for foreclosure and take your home away from you.
As someone facing a variety of different types of debt, you may think that each type needs its own method of repayment or discharge. However, rather than taking several small steps in hopes of eventually getting out from under substantial debt, you may want to consider taking one significant step in order to have at least some of your liabilities forgiven. In many cases, filing for bankruptcy can help achieve such a goal.
The estate planning process is something that many young adults tend to associate with older people. This isn't a good thing at all. Any adult, no matter how old they are, should have an estate plan in place since nobody can definitively say when they will pass away.
One part of estate planning is finding out how the decisions you make now might impact your financial future and the estate. This is something that is often the focus when you are developing an estate plan.
Getting your estate plan together is a relief for most people. Just knowing that it is all done can bring you a sense of peace. One factor that you have to think about when you are making the estate plan is who is going to be the executor of the estate.
Wage garnishment is an unfortunate consequence that many people face when dealing with overwhelming debt. If you find that the garnishment of your wages is causing further financial strain on your life and you cannot manage your outstanding balances without help, you may find it beneficial to learn how you may be able to make it stop.
When someone you love passes away, there is sometimes a will that has to be read that lets you know what the person wants to happen with their belongings. In many cases, the reading of the will goes off without a hitch.