Going to college in the fall and considering taking out a private student loan? Proceed with caution. If you need a cosigner and that person dies or goes bankrupt, you may have to pay off the loan immediately.   All student loans are a type of unsecured persona loans, which means that if you default, […]

Teens Suing Parents

The chances are you weren’t spared the media feeding frenzy surrounding the case of Rachel Canning: the 18-year-old New Jersey high school student who after leaving home tried to sue her parents for child support ($650 a week), private school fees (+$3,000), access to her college savings fund, and reimbursement for legal fees ($12,000+). The […]