Florida baseball fans certainly remember watching Livan Hernandez pitch in the 1997 World Series, bringing the Marlins to victory and winning the honor of Most Valuable Player. However, Hernandez may feel anything but victorious these days, and the value of most...
Month: July 2017
Is a short sale right for you?
When you keep getting further and further behind on your mortgage, a short sale can be one of the options on the table. Informing yourself about possible solutions and speaking with an experienced attorney can help you make the decision that is best for you. A short...
Loan modification may not solve mortgage problems
Waking up in the morning to the fear that something bad is going to happen can begin to wear on a person. Will the bank call again today? Will another notice arrive in the mail about the defaulted mortgage? What options are left when there simply is not enough money...
Have a plan to eliminate credit card debt
Living a debt-free life is a goal of many Florida residents and others around the country. However, millions of the nation's households have credit card debt. With an average debt per household of $8,448 and an average interest rate of 14 percent, a family may spend...
Questions answered about home foreclosure process
The country's economic crisis has affected many consumers in Florida and around the nation. Some are struggling to make ends meet and wondering how to fulfill all their financial obligations, especially their monthly mortgage payment. Those who are unable to make...
401(k) loans should not be first choice to help consolidate debt
For some Florida residents and others around the country, the amount of debt they have incurred seems overwhelming. To reduce the debt, several alternatives are considered by consumers. Most elect a balance-transfer credit or a personal loan to consolidate debt, while...
Credit card debt level down in 1st Quarter 2017
There have been some positive signs in the economy for Florida residents and others across the country. However, for the first quarter of 2017, the nation experienced a slight increase in all loan categories of household debt, except for one. According to a personal...
Chapter 13 bankruptcy filings down under Affordable Care Act
Many residents in Florida and around the country are enjoying the benefits of a stronger national economy. One indicator that reflects the economic improvement is the amount of people who file for personal bankruptcy. According to recent reports, the number of filings...
Banks see slower payoffs for credit card debt
While many economic measures are showing improvement for Florida and elsewhere around the country, one indicator is not moving in a positive direction. According to reports from national financial services company, many consumers are no longer paying off their credit...
Recent loan modification lawsuits provide lessons for consumers
Many Florida residents and others around the country struggle to make their mortgage payments each month. In some cases, consumers have sought a loan modification from their lenders to potentially reduce the amount of required monthly payments. However, there have...
