While the recession may technically be over and the economy and jobless rates are said to be improving, there are certain economic indicators that show there is still room for more recovery. One area of concern is the state of the housing market in Florida and other...
Year: 2014
Credit card debt still plaguing some in Florida and beyond
At the onset of the recession, many people found credit card debt to be overwhelming and the source of many of their financial woes. As the recession waned, people learned more about how to effectively use credit cards and avoid unmanageable credit card debt. However,...
Beware of scams regarding home foreclosure in Florida
The recession created an atmosphere where people were forced to seek solutions to financial chaos and find ways to keep their homes. The home foreclosure rates in Florida and across the country jumped, and many people lost their homes in the process. Others found loan...
What is the benefit of filing for Chapter 13 bankruptcy?
The thought of filing for bankruptcy can be overwhelming for some after they have realized they are struggling to handle debt. It can also be confusing as there are a lot of misconceptions about all types of bankruptcy, including Chapter 13 bankruptcy. In Florida,...
How does bankruptcy affect home foreclosure?
The home foreclosure process can be confusing and unsettling. The timeline and options for keeping a home can be hard to understand and may leave homeowners feeling helpless and overwhelmed. Understanding how the bankruptcy process can affect a Florida home...
It is important to know the facts when seeking debt relief
Whenever you are consider filing for bankruptcy, you may wonder what assets you get to keep and what may be liquidated to pay off debts. Filing bankruptcy as a means of debt relief can help Florida residents hold on to assets they need, but you must understand the...
Credit card debt can be confusing when filing for bankruptcy
The recent economic situation of the last few years has left many people wondering what their options are. While most people may understand the basics of filing for bankruptcy in Florida, they may be confused about how debt is divided and handled during the process....
Is there a way to avoid home foreclosure?
Whenever someone has problems with finances, the possibility of a home foreclosure can make the situation all the more stressful. If mortgage payments are not able to be made on time and in full, the home foreclosure process may be started. It is important for all...
Preparedness for bankruptcy can stop harassment by your creditors
The thought of filing for bankruptcy can be overwhelming and extremely confusing for anyone. If you are considering filing for bankruptcy in Florida, the quicker you do so, and the more prepared you are for the process, the quicker you may be able to stop harassment...
Credit card debt a problem in Florida and the South
Debt, including credit card debt, has long plagued nearly every region of the country since the onset of the recession. The recession meant that debt took over and left many people in Florida and elsewhere with no other options but to file for bankruptcy or lose their...