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Baby boomers beset by student loan debt

New York residents are probably familiar with the growing problem of student loan debt. The cost of education keeps going up, and many graduates are finding that there aren’t enough well-paying jobs available to help them pay off their loans…

Chapter 13 bankruptcy isn’t funny, it’s liberating

To those who are struggling with overwhelming debt, personal bankruptcy seems like anything but a laughing matter. But apparently some people think otherwise. Recently, the news websites Boston.com and Breitbart.com ran stories erroneously reporting that Nobel Prize-winning economist Paul Krugman…

Older Americans desperately in need of debt relief

A financial industry report recently noted that delinquent payments on credit cards appear to be falling to their lowest levels in 15 years. The American Bankers Association report said that the delinquency fell to 2.47 percent in the fourth quarter…

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