Florida foreclosures have been the topic of conversation for a while now. This is not only because of the many Florida homeowners who have been hit by the downturn in the economy, but also because of the many mistakes and fraud that the banks have made against Florida...
Month: June 2011
Kids with credit cards: Educational or disastrous?
As more and more adults struggle with mounting credit card debt, a new debate has erupted throughout the country on whether kids and teens should be allowed to use credit cards before maturing into adulthood. Many experts and financial commentators on television seem...
Florida woman’s bankruptcy reality helped by royalty
When you think of the late Princess Diana, you probably think of a beautiful, classy woman who devoted her life and high-profile to helping important causes. Somehow, even after death, Princess Diana and her glamour are managing to help people in need. According to...
Collections on HOA debts can mean excessive stress and cost
Florida families who are currently struggling to make ends meet now have a new obstacle to contend with: HOA legal fees. If you live in a condominium, apartment complex or townhouse, it is likely that you are required to pay homeowner's association (HOA) fees on a...
Study finds young consumers delighted by debt
If you are over the age of 28, at least according to a recent study regarding debt, you likely see debt as the stressful reality it can be. In a recent CBS Money Watch post, a reporter remarks on how a researcher's study into young consumers' attitudes toward debt...
For Florida theater, Chapter 7 filing means the show won’t go on
In this economy, many people and businesses are struggling to stay afloat. When it comes to businesses filing for bankruptcy, it's common for the public to sense that a closing is looming for the company. That is why a recent chapter 7 bankruptcy announcement in South...
Florida homeowners foreclose on Bank of America
In the day-to-day world of foreclosure actions, banks initiate legal proceedings to collect on outstanding mortgage debts owed by homeowners. That was not the case in a recent foreclosure action that was initiated by a Florida couple - against Bank of America. The...