Not every personal or family financial crisis is unfixable or a permanent downward spiral. Some Florida families may find financial strain or difficult circumstances to be a temporary situation, and they know eventually they will be back on their feet. Even if it is a...
Month: July 2015
While recovering, Florida still ranks high for home foreclosure
Being the state that was the hardest hit as far as the housing market and recession was concerned also means Florida is taking longer than other states to recover. The good news is that Florida may be on the upswing when it comes to home foreclosure filings. The bad...
Before seeking loan modification, consider facts
As the housing crisis hit, many homeowners turned to a loan modification as a means of keeping a home. However, there are several factors and truths about the loan modification process that Florida homeowners may want to investigate before thinking it is the only...
Recognize out of control credit card debt, explore solutions
Credit card debt is a serious problem for many American families. Before a Florida family can work to resolve credit card debt, that household must first recognize if that debt has reached an unmanageable level. If so, resolution options like discharging that credit...
Bankruptcy can impact the home foreclosure process
For those in the midst of having a home foreclosed upon, finding a means of halting action or protecting credit may be of the utmost importance. While no one ever dreams of filing for bankruptcy, understanding the relationship between bankruptcy and home foreclosure...
Home foreclosure rates down across the country
The latest figures give both insight and hope for those concerned with home foreclosure rates in the United States. Just released data shows that home foreclosure rates are falling and going back to levels consistent with rates before the recession started. There are...
Minimum payment is not the way to go with credit card debt
When financial troubles hit, reducing credit card payments is often the first plan of attack to get back on track. Unfortunately, many people in Florida and elsewhere seem unaware that paying the minimum balance is essentially useless. In some circumstances,...
Home foreclosure action on zombie homes falls in Florida
Florida has ranked as one of the highest states in the nation when it comes to home foreclosure rates, including on homes that are dubbed "zombie" homes. The influx of homes in the midst of home foreclosure action has led to the increase in these so-called zombie...
Bankruptcy to help David Cassidy not be behind on house payments
Serious financial woes can impact anyone from any type of background, even the rich and famous. Star of the 70's television show, The Partridge Family, David Cassidy has recently filed for bankruptcy, which has led to the need to auction off his Florida mansion....
Home price appreciation helps home foreclosure rates
For many families who struggled through the recession, avoiding home foreclosure was a priority. There is good news on the horizon for those in Florida who may still think bankruptcy is their best option but who also want to avoid home foreclosure in the process. That...