Most of us around Orlando know that a poor credit history can affect you in certain ways, such as your ability to obtain financing for a new car or home. But can (and should) it affect your ability to get a new job? As we discussed earlier, it is a fact that certain...
Month: February 2013
Is medical debt slowing recovery of the housing market?
Could the passage of a bill titled the Medical Debt Responsibility Act actually help the housing market recover from the crash that began in 2007? As the state of Florida and the federal government work toward slowing the rate of foreclosures and the stopping...
Are more bankruptcy filings good for the economy?
Most Florida readers probably don't think of bankruptcy as a good thing, but in fact the process of resolving unpaid debts and settling disputes with creditors can be very positive for many people. Bankruptcy can become a part of the picture after a job loss or a...
Low credit scores may be affecting job prospects
Many Florida workers have suffered during the recession and are working less than they would like to, or are working at a job that pays less than their previous job. Florida residents continue to seek out additional employment, but often face barriers. What many may...
Lawmakers introduce changes to hasten Florida foreclosure process
In our last post we discussed the high volume of foreclosure cases in Florida courts right now, many of which take years to resolve because of a combination of difficult process and the many parties that can be involved. This week, lawmakers took up a bill that would...
Florida courts still processing backlog of foreclosures
As many readers know, Florida was among the hardest hit states in the aftermath of the burst of the housing bubble, and many homeowners in the state are still struggling to get back on their feet in the wake of a mortgage they can no longer afford. With one out of...
State makes plans to distribute mortgage assistance funds
In a recent post we discussed the foreclosure settlement obtained by regulators after a long and contentious investigation and negotiation with the nation's largest mortgage servicing companies. The settlement will have a major effect in Florida, which will receive a...