The bankruptcy process can mean having to account for a great deal of financial information. Part of your financial life is your credit card debt. People in Florida should understand that, even if you feel the financial crisis that has led to filing for bankruptcy,...
Month: February 2015
Chapter 13 bankruptcy may be better option for Florida residents
The bankruptcy process is not a one-size-fits-all way of dealing with debt. There are different types of bankruptcy to deal with different types of scenarios. Depending on your personal situation and what kind of resolution you are after, Chapter 13 bankruptcy may be...
Bankruptcy may help loan modification process for Florida folks
For those who are struggling with making monthly mortgage payments, understanding the options and consequences of those options is imperative. One option for those who want to keep their Florida home is to obtain a loan modification. However, this leaves a homeowner...
High credit card debt is part of David Cassidy bankruptcy filing
Bankruptcy can happen to anyone as illustrated by the fact that famed 1970s singer David Cassidy just filed for bankruptcy. The 64-year-old singer filed the bankruptcy paperwork in Florida. It was noted that high credit card debt is part of the reason bankruptcy is...
High home foreclosure rate in Florida may still be good sign
Part of the aftermath of the housing crisis was a high number of homes stuck in the home foreclosure process across the country. Florida has had a high rate of home foreclosure filings and currently has more of what is referred to as "zombie" foreclosures compared to...
Chapter 7 bankruptcy can be beneficial for some Florida families
No one ever starts out thinking they want to file for bankruptcy at some point in his or her life. Nevertheless, filing for Chapter 7 bankruptcy can be a viable means of handling unmanageable debt or an impending home foreclosure. Many may be surprised to learn of the...
Know the facts about the home foreclosure process
The thought of losing your home is likely overwhelming and extremely distressing. Facing foreclosure can lead some people to fall prey to scams or believe inaccurate information. Any kind of misinformation about the home foreclosure process can lead to the possibility...
Understanding the means test before filing for bankruptcy
When the decision has been made to file for bankruptcy, there are certain steps that must be taken before any paperwork can be filed. For Florida residents, understanding the type of bankruptcy for which one is eligible is the first step. If you feel that Chapter...