When a homeowner is in trouble financially, meeting a mortgage obligation each and every month may suddenly become a struggle. One of the first things Florida homeowners may want to do is contact their lender and plead for a mortgage modification. While this may work...
Month: October 2015
Don’t take my car! How to handle the threat of repossession
Debt has a way of sneaking up on people. In the early stages, the problem may register only once a month as you make the minimum payments on your bills. Next thing you know, you're late with a payment and you get a call from a creditor. This causes stress, but perhaps...
Bankruptcy plays role in home foreclosure process in Florida
The home foreclosure process can be confusing and overwhelming, especially for families already stressed about their financial futures. When those financial problems have spun out of control or seem to have no end, Florida families may consider bankruptcy as a means...
Bankruptcy may be ticket for controlling credit card debt
Credit card debt is a problem for many families in this country for a wide variety of reasons. Once Florida families realize their credit card debt is beyond control, they may need to seek outside help to address that debt. One way to regain financial control and deal...
What are the benefits of Chapter 7 bankruptcy?
When debt relief is needed or a family is in need of outside help to regain financial stability, there are several options that may be pursued. Filing for Chapter 7 bankruptcy can be a wise move for some in Florida. It may be beneficial to learn the facts about...
Florida families not getting help to avoid home foreclosure
Being in a position of financial hardship and unable to keep current on a mortgage can leave a home owner desperate for help. When that homeowner is unaware of options, that homeowner may not seek available help or may not make the most informed or best decisions...
Handling a spouse’s credit card debt after a death
Laws pertaining to who is responsible for credit card debt can be complicated. It is essential for married couples in Florida to understand the status of the credit card debt of both spouses and how the debt may affect them as individuals should one spouse pass away....
Chapter 13 bankruptcy might be the answer to money troubles
Financial strain for any reason can be stressful, and available solutions may be confusing. The options for dealing with financial troubles vary depending on the source of those troubles and whether those money problems are actually temporary or a long-term problems....
How do I know if I need a bankruptcy attorney?
Sometimes the closer you are to a problem, the harder it is to solve. This is especially true when emotions are involved, because they tend to cloud our logic and prevent us from making rational decisions. The debt that many of us carry around is a perfect example....
Community rallies around woman facing home foreclosure
Confusion over a reverse mortgage and beneficiary rights can present much stress after a loved one's death. One woman is at risk of losing her family home to home foreclosure based on the actions her mother allegedly took in regards to a reverse mortgage and its...