Florida families, like families all across the country, were hit hard by the recession that began a few years ago, particularly when it came to keeping the family home. Despite the struggles many Florida families have had to endure over the past seven years while...
Month: September 2015
Before modifying your loan, consider all options
There are times when a homeowner has difficulty keeping up with mortgage payments. That struggle may be temporary or for the long-term. Sometimes, Florida homeowner may be unsure whether or not he or she will ever feel financially secure enough to keep up with home...
Can bankruptcy be the best way to keep your house?
The thought of losing the family home can be a constant source of stress and fear for any family. As the recession hit Florida, many families unexpectedly found themselves in a position where they had to explore options to save their homes from foreclosure. While...
Florida families may need help with credit card bills
The feeling of accumulating debt is often equated with the feeling of drowning. Credit card bills can give people that same feeling as interest rates, late fees and the balance that never seems to decrease causes fear and stress for Florida families. For families who...
Burt Reynolds falls behind on house payments, sells home
Even the rich and famous can have trouble managing finances and finding a way to gain back control of those finances after a certain point. Actor Burt Reynolds is one example. He recently sold his Florida mansion after it was on the market for years; he had declared...
Chapter 7 bankruptcy may be best for those with home debt
There once was time when filing for bankruptcy was seen as shameful and a sign of personal failure. Nowadays, Florida residents and others are beginning to realize filing for bankruptcy can be the smart way to regain financial control. In fact, Chapter 7 bankruptcy...
How to tell when help is needed for credit card debt
There are different types and different levels of debt. Credit card debt is not uncommon for those in Florida and across the United States; however, it can grow to be debilitating. It may be difficult to determine when outside help is needed to regain financial...
Stripping a second mortgage is possible for some in Florida
The housing market crashed significantly hard in Florida. Even though there have been some signs and economic indicators that point to a massive improvement the last few years, some people in Florida simply continue to struggle to pay their mortgage each month,...
Chapter 13 bankruptcy may be right choice for you
When financial troubles hit, and hit hard, bankruptcy can often be the best way to rein in those troubles and get a fresh financial start. But, some may not realize there are several bankruptcy options available for Florida families, and the exact nature of the...