When an individual or family sits down to consider bankruptcy as an option to stop a financial downward spiral, that individual or family may not be fully aware of how a bankruptcy filing will impact the home foreclosure process. The thought of home foreclosure...
Month: May 2015
Credit card debt can be tackled responsibly by Florida residents
Credit card debt can impact every area of a person's life and finances. There are many solutions touted for those looking to take back control. However, Florida residents should know the difference between responsible and logical ways to handle overwhelming credit...
Chapter 7 bankruptcy may be best option for some in Florida
Despite the amount of overwhelming debt that one has, there are options that can help alleviate the strain and anxiety of the situation. For some in Florida, filing for Chapter 7 bankruptcy may be the best way to tackle insurmountable debt and get back on the track to...
Statute of limitations halts home foreclosure action for some
A notice of foreclosure can strike fear in the heart of any home owner. For many in Florida, the crush of home foreclosure actions that came as a result of the recession meant many homeowners found it impossible keep a roof over their heads. However, for some Florida...
Bankruptcy can help homeowners avoiding home foreclosure
Not being able to pay a mortgage or make the payments on a second mortgage can lead to fear and anxiety for any homeowner. Florida homeowners may be interested to learn how filing for bankruptcy can help in avoiding home foreclosure altogether. The type of help...
Loan modification program extension may benefit Florida owners
Many homeowners found themselves on the verge of home foreclosure after the recession hit. Fortunately, the number of potential foreclosures has been reduced in Florida, thanks in part to federal programs aimed at helping struggling homeowners obtain loan...
Chapter 7 bankruptcy filed by Jim Greer, Florida GOP chairman
Criminal matters and a conviction leading to jail time can result in financial chaos that needs to be addressed. Recently, in Florida, an ex-GOP chairman found himself filing for Chapter 7 bankruptcy. The filing comes after spending more than a year in prison. Jim...
Credit card debt can be tackled through bankruptcy
Credit card debt is a serious problem for many Americans, and Floridians are no exception. The issue of how to deal with credit card debt can be complex and distressing for Florida families who are struggling financially. One option to tackle unmanageable credit card...
Home foreclosure may make future ownership less likely
The threat of home foreclosure and the actual loss of a home can impact the financial future of a family. When the financial crisis began, many Florida families found home foreclosure to be the only option. New estimates have recently revealed data that...
