More retirees in New Jersey and throughout the United States are filing for bankruptcy relief as they struggle to pay basic living expenses. According to a study published by the Consumer Bankruptcy Project, the number of individuals age 65 years and older filing for bankruptcy relief increased by 204 percent between 1991 and 2016.
The gift of mobility is something we often take for granted. After getting injured, there are many things that you may need assistance with – physical, let alone tedious, tasks. Then, you have medical bills – and are clouded by those hovering over your head. You probably are not thinking about all of the logistical, administrative, and compensatory tasks. But you should consider at least a few.
If you are like most people, you might think that “foreclosure” in New Jersey is just another way of saying “the end of the world.” While it is true that home foreclosures can be stressful, scary, and sad, they are certainly not a dead end – what many people do not realize, especially in the midst of the stressful situation, is that they DO have options to stop foreclosures from taking away their homes.
The holiday season is quickly approaching and with it comes much joy for all consumers involved. However, the under-reported side of the holiday season is the number of mistakes that consumers make when deciding to make purchases for their friends, family, or other associates. Thankfully, there are simple ways to ensure that consumers are in the best position to avoid financial pitfalls during the holiday season.
If you are considering bankruptcy, you are not alone.Did you know that in 2016, nearly 800,000 people filed bankruptcy in the United States? And that over 24,000 businesses filed bankruptcy that year?
This means that you are far from alone if you have considered filing bankruptcy, either personally or for your small business.
Despite drivers’ best efforts, rear end collisions happen every day. There can be many causes of rear end collisions. Common causes include inattention, distracted driving, texting, and bad weather. To prevail in a rear end collision case, a plaintiff must typically show the other driver was negligent or acted unreasonably given the circumstances.
Americans currently exceed $13 trillion dollars of outstanding household debt. Within that amount, $9 trillion is related to mortgage balances, $1.5 trillion is related to educational loans, and $2 trillion is split evenly between both auto loans and credit card debt. Very few households around the world utilize debt as freely as the United States' households do. When household debt is measured against GDP, the United States' 77.30% ranks as the 11th highest percentage in the world.
How does all of this relate to New Jersey and its residents' habits?
Per the NHTSA, motorcyclist fatalities happen 27 times more often than deaths in other vehicles. With motorcycle accidents, there are some crashes that occur much more than others. To keep yourself safe while riding your bike, familiarize yourself with the following safety guidelines.
Accidents that involve public transportation can be severe because of the number of people that they affect. Public bus accidents, for example, can impact a great deal more people than the average passenger car accident. If you have been injured on public transportation, you will likely need to start negotiations, and potentially a lawsuit, against a governmental entity.
It is never too early or too late to start planning ways to protect your family finances for the future. Wills and trusts are very important legal tools for you to protect your loved ones from making tough decisions about your final wishes and financial matters after you die. You want your intentions carried through as to both who is receiving your assets and you also want to protect your beneficiaries from unnecessary tax. Bottom line, you want as much going to your beneficiaries as possible.