Having a credit card for emergencies might seem like a good idea, but every person's definition of "emergency" could vary widely. If people are not careful, it can be easy for credit card debt to get out of control. There are some warning signs that Florida residents...
Month: March 2016
Many Florida residents need medical debt relief
Medical debt is on the rise here in the United States. Therefore, the need for medical debt relief is becoming -- if it is not already -- a primary concern for Americans. Data gathered by the Consumer Financial Protection Bureau (CFPB) suggests that the credit reports...
Bankruptcy can provide debt relief from exorbitant medical costs
No one can predict if or when he or she will suffer from a debilitating illness or serious accident. When these events occur, Florida residents could end up with thousands of dollars in medical bills that they might not be able to pay. Bankruptcy can provide debt...
The basics of a Chapter 7 bankruptcy
Creditors are calling day and night, there is no money left at the end of the pay period, and it is a struggle just to make it through each month. This is a familiar situation for many Florida residents, and the allure of filing for Chapter 7 bankruptcy is...
Rising credit card debt is cause for concern
Evidence suggests that consumers across the country, including those here in Florida, could be returning to pre-recession spending habits. Where this could be an indicator that the economy is back on track, it could also be a cause for concern. Credit card debt is...
What should you do if you are facing a home foreclosure action?
Any number of circumstances can lead to a Florida homeowner being unable to pay his or her mortgage loan. If the situation cannot be resolved to the satisfaction of the homeowner and the lender, the homeowner could end up facing a home foreclosure action. He or she...
Can Chapter 13 bankruptcy help you keep your home?
The simple answer is that it depends. Whether Florida residents get to keep their homes initially depends on three things. The first is whether a homeowner files Chapter 7 or Chapter 13 bankruptcy. The second and third factors are the amount of equity in the home and...
What if bankruptcy is not your best debt relief option?
There are instances where bankruptcy might not be the best option to handle a Florida resident's financial problems. In those cases, other debt relief options might work better under the circumstances. For instance, a workout might be possible, which could achieve the...
You can stop harassment by your creditors
If you are reading this, you are more than likely overwhelmed by debt, like many other Florida residents. Your creditors are most likely contacting you daily, if not more often, and sending you threatening correspondence that you must pay them what you owe -- or else....