Members of the U.S. military sacrifice a lot for all of us and the overall safety of our country - our home. That reality makes the fact that many servicemembers have returned from duty to wrongfully foreclosed homes incredibly disappointing. A couple of mortgage...
Month: May 2011
Florida foreclosure courts in for a change to prevent ‘rocket docket’
Florida, like most states across the country, has no shortage of homes mired in the foreclosure process. According to RealtyTrac's foreclosure site, more than 19,000 Florida properties received a foreclosure filing in April. And the average Florida foreclosure takes a...
Before college next fall, have the credit card talk with your kid
Maybe you have already attended your child's high school graduation, or maybe it is just right around the corner. It marks a time of excitement, especially for the child, when they are about to embark on their pursuit of independence and knowledge. In the midst of the...
Florida realtors propose solution to foreclosure crisis
Florida is on the top of the list of U.S. locations that have the highest foreclosure rates. It's a troubled time here, and a proposal to help comes from a new but seemingly logical group. According to a Florida Politics blog in the Sun Sentinel, members of Florida...
Study: African Americans not benefitting equally from Chapter 7
There are a couple of different bankruptcy options that consumers can look into when facing excessive debt. The options are Chapter 7 bankruptcy and Chapter 13 bankruptcy. Both can be extremely helpful options for struggling consumers, but there is an important...
What is ethical use of social media in collection efforts?
In our previous post, we began to share parts of an important conversation had among professionals in the debt collection field. The panel discussion was organized by the Federal Trade Commission (FTC) and consisted of attorneys from different parts of the country,...
Navigating collections rules in social media world is complex
How many times have you been on Facebook or Twitter already today? Maybe you have posted pictures, commented on your weekend purchases or simply tweeted about where you are. For many of us, using social media has become more common than making a simple phone call....
Florida foreclosures affect more than borrowers and lenders
Many of us have either lost or come close to losing a home in this economy, or we at least know someone who has lost a home to foreclosure. Maybe when you look next door you see an empty house where your friendly neighbors used to live but who had to leave it behind....
Star chef cooking up fresh start with Chapter 7 bankruptcy
The current economic environment is characterized by increasing insolvency and business failures at all levels. Some of the most astute managers and famous celebrities now have to deal with the stressful process of managing more debt than their current incomes...