The economy might be improving, but that does not mean that Florida residents no longer have financial issues. Many people continue to struggle to make ends meet and telephone calls from bill collectors are only adding to the stress. Perhaps they need to consider...
Month: June 2016
What are the different debt relief options with bankruptcy?
Florida residents often find themselves having financial difficulties to the point that they are unable to meet their obligations. It is then that the prospect of filing for bankruptcy might be a viable debt relief option. There are two main types of bankruptcy that...
There is a financial life after Chapter 7 bankruptcy
As many Florida residents continue to struggle financially, they might be searching for debt relief options. Some of them might avoid thinking about filing for Chapter 7 bankruptcy because they are under the mistaken belief that their financial lives will never...
Preparing for a Chapter 7 bankruptcy consultation
Like many Florida residents, once you make the decision that you need to take control of your financial situation, it can be a challenge to determine where to turn. Filing for Chapter 7 bankruptcy can be a frustrating and complex process, and it is recommended that...
Dealing with second mortgage arrears in bankruptcy
Many Florida residents who are behind on the payments for their first mortgage loans are also having difficulty making payments on their second mortgage loans. Fortunately, there is a way to deal with second mortgage arrears. Filing for Chapter 13 bankruptcy could...
Beware: There is as yet no quick debt relief for student loans
It was recently reported that student loans are second only to mortgage loans on the list of consumer debts nationwide. At $1.2 trillion, they surpass both auto loans and credit card debt. The sad fact is that most of the student loan debt in Florida and other states...
Being sued by a debt collector? You’re not alone
Of the many troubles people with significant debt may encounter, being sued for collection is one of the most stressful. If you've ever been pressured by a creditor or a debt collection company to pay up, you know how invasive and threatening these companies' tactics...
Many people are seeking debt relief for their medical bills
Like many Florida residents, numerous people around the country end up owing thousands of dollars in medical bills that they are unable to pay. Finding medical debt relief is not always easy. In fact, several nonprofit hospitals file lawsuits against individuals who...
Florida declines funds to help stop home foreclosure actions
It is no secret that Florida was one of the hardest hit states when the housing market collapsed. In fact, several thousand homeowners around the state are still in jeopardy of losing their homes. For this reason, many people are curious as to why the state declined...
Home foreclosure is still an issue in many real estate markets
It might not surprise Florida homeowners that the number of people who lost their homes during the recent Great Recession was matched only during the Great Depression of the 1930s. During the last 10 years, data compiled by one source estimates that approximately...