Homeowners have struggled to stay in their homes or find a financially feasible way to avoid ruining their credit during the recession. Many homeowners in Florida and elsewhere have pursued loan modification options as a means of keeping the home. However, one Florida...
Month: December 2013
Advice for Florida residents worried about credit card debt
Dealing with debt can be overwhelming and stressful. It can lead people to try and find any way possible to erase their credit card debt and get their heads above water. However, despite the problems credit card debt can create, the holiday season seems to lead to...
Can loan modification or short sale forgiveness lead to tax debt?
When Florida homeowners decide to pursue a loan modification or a short sale on their home, what is supposed to be debt relief may wind up being an indicator of financial troubles to come. Through a federal waiver implemented in 2007, many homeowners have been...
End in sight for home foreclosure crisis In Florida
While there is no such thing as a good foreclosure, seeing a decline in the number of these proceedings has come as good news for homeowners across the country. There is even news pointing to a marked rebound all across the country. Even though Florida still struggles...
Lenders still have to answer for home foreclosure mistakes
The thought of facing foreclosure and the confusion about the process can make for a difficult time for any homeowner. However, when there are inaccurate numbers or timeline errors involved, the process or threat of home foreclosure can be even more frustrating for...
Florida areas with high home foreclosure rates bounce back
Not long after the recession hit, a high number of homeowners found themselves in the midst of foreclosure. The home foreclosure rate rose all over the country, but hit Florida particularly hard. As the economy improves, the outlook of the home market is starting to...
Tips for tackling credit card debt
Getting into credit card debt is not difficult to do, but it can be very difficult to get out of. Any Florida homeowner may already know credit card debt can have a ripple effect on their lives and their financial future. For those dealing with mounting credit card...
Aaron Carter, files for Chapter 7 bankruptcy in Florida
Anyone can fall on hard financial times either quickly due to life circumstances or slowly over time. Either way, when someone finds they simply can't meet their financial obligations, they have options that can help them get the fresh financial start they may need....