For homeowners struggling to make their monthly mortgage payments, the risk of foreclosure always looms large. After the recent recession, many in Florida made strides toward avoiding home foreclosure, but still found themselves at the mercy of the banks. Some sought...
Month: January 2014
Court backlog still issue for Florida home foreclosure process
Whenever there is an issue with paying a mortgage, fears of a potential foreclosure can wreak havoc on a family. In Florida, the home foreclosure process can take months, even years to resolve. The length of time and sheer volume of the past few years has made for a...
Florida parents of Ryan Lochte face home foreclosure
Many people wrongfully assume that only those who have fallen on very hard times and with no resources at their disposal find themselves having to deal with home foreclosure. However, the potential for home foreclosure exists at virtually every income level. Recently,...
Florida mayor’s wife speaks about home foreclosure
When it comes to financial hardship and families facing the possibility of losing their homes, anyone can be vulnerable. The possibility of a home foreclosure can rock the lives of any family in Florida, regardless of social standing. In fact, it was recently revealed...
Florida still struggles with high home foreclosure rate
The recession is waning, and there is good economic news on all fronts for most of the country. However, some areas in the United States still lag behind and struggle with the aftermath of the financial collapse from a few years ago. When it comes to home foreclosure...
Loan modification saves rappers Florida home
When some people think about loan modifications and who may need to utilize this option, they may picture struggling homeowners hit hard by the recession, not necessarily the rich and famous. However, despite the income level of anyone or the size of the home they...
Good news about credit card debt in Florida
For many people, the post-holiday stack of bills may be an unsightly delivery. However, recent news points to a decrease in credit card debt for Florida residents. The news pinpoints several factors as reasons for the decrease, but an improving economy is chief among...
Helpful ways to reduce credit card debt for Florida consumers
Florida consumers likely know that the only way to keep a high credit score is to prevent negative marks on their record. Unfortunately, the economic downturn in recent years has taken a high toll on many consumers' credit. Additionally, many consumers have incurred...
Home foreclosure still a problem for Floridians
The Mortgage Forgiveness Debt Relief Act expired Dec. 31. Florida may be one of the states that feels the hardest impact of that not being extended. After all, Florida has one of the highest unemployment rates in the nation. It has one of the highest home foreclosure...
