On behalf of Jeffrey M. Rosenblum, P.C. | Apr 21, 2016 | Debt Relief
Millions of Americans are in debt. In fact, according to a 2015 report by the Pew Research Center, 89 percent of individuals ages 36 to 51 and 86 percent of individuals ages 20 to 35 are in debt. From a home mortgage and student loans to credit card and medical debt,...
On behalf of Jeffrey M. Rosenblum, P.C. | Apr 11, 2016 | Debt Relief
A job loss, health emergency or unexpected car repair can result quickly result in an individual accruing thousands of dollars in debt. For the millions of Americans who struggle each month to pay the bills, it’s easy to become overwhelmed and to feel hopeless. While...
On behalf of Jeffrey M. Rosenblum, P.C. | Apr 4, 2016 | Debt Relief
According to the Institute for College Access & Success, 69 percent of public and nonprofit college graduates have student loan debt, the average amount of which totals in excess of $28,000 per student. Combined, U.S. college graduates have accrued massive amounts...
On behalf of Jeffrey M. Rosenblum, P.C. | Mar 23, 2016 | Debt Relief
With the introduction of major credit card companies like Visa and MasterCard in the mid-1970s, the U.S. public fell in love with the concept of having it now and paying for it later. Since that time, the credit card industry has grown into a multi-billion dollar one,...
On behalf of Jeffrey M. Rosenblum, P.C. | Sep 18, 2014 | Debt Relief
“New York state court administrators said Tuesday they have finalized rules designed to ban the collection of debts that consumers did not incur, have already paid off or which have been extinguished by the passage of the six-year statute of limitations. Chief...
On behalf of Jeffrey M. Rosenblum, P.C. | Aug 18, 2014 | Debt Relief
“In Shea v. Commissioner the U.S. Tax Court decided in favor of the taxpayer, a developer of planned residential communities, and allowed the taxpayer to defer the recognition of income from the sale of homes under its completed contract method of accounting for...
On behalf of Jeffrey M. Rosenblum, P.C. | May 2, 2014 | Debt Relief
Being in debt is stressful. When you’re behind on bills and credit card payments, your debt sometimes get sold to third-party collectors, who begin calling you constantly. If you missed or did not get a notice that your debt was being sold, you may have no idea who is...
On behalf of Jeffrey M. Rosenblum, P.C. | Apr 11, 2014 | Debt Relief
There are many ways to gauge the nation’s financial health. One of these measures is the average household credit card debt. This is thought to be a good way to view the level of financial health among our country’s households across the board. But is this...
On behalf of Jeffrey M. Rosenblum, P.C. | Mar 13, 2014 | Debt Relief
There are many ways in which New York residents could find themselves in a big financial hole. Spending on credit cards can quickly spiral out of control with interest charges and late fees, for example. Moving money around to pay credit card bills could leave you...
On behalf of Jeffrey M. Rosenblum, P.C. | Apr 30, 2013 | Debt Relief
Many Long Island residents are struggling with debt, but some of the worst problems are borne by the young, working poor who have been saddled with debt from health care costs and student loans. These people are seriously in need of debt relief. One man recently told...
