At this time, student loan debt in the United States has reached $1.08 trillion. Some of those student loan holders are living right here in Cherry Hill, and they are struggling to pay their bills. Unfortunately, while personal bankruptcy can help these individuals if they have outstanding credit card debt and mortgage loans, if cannot help them resolve their student loan debt issues.
Event Rentals Inc., a company that provides tables, tents and napkins to events of all sizes, recently submitted a filing for bankruptcy. The Chapter 11 filing was submitted on a recent Thursday. So far, the company has not found a suitable buyer to keep its operations running; however, negotiations with lenders are underway to garner financing that will support operations until the sale process is complete.
The price of almost anything a person in New Jersey purchases can be negotiated. This is true of cars, real estate and jewelry as well as many, many other items. Sometimes, however, people forget that services can be negotiated as well. Since excessive medical bills are one of the leading causes of personal bankruptcy, it only makes sense to attempt to have them reduced before taking that step.
New Jersey readers may be familiar with the famous television actress, Nicole Eggert, who once starred in the hit show "Baywatch" and recently filed for Chapter 13 bankruptcy. She has previously filed for Chapter 13 bankruptcy twice before and both times, the cases were dismissed. Only recently, a judge has agreed to accept the application.