There have been several favorable indicators in the mortgage industry over the past several months following the crisis almost a decade ago. However, one metric moved in a negative direction, and industry leaders are watching carefully. The month-to-month increase of...
Month: September 2017
How a Chapter 13 bankruptcy works in Florida
Florida residents looking for solutions for dealing with mounting debt often consider filing for bankruptcy. A Chapter 7 or a Chapter 13 filing may each provide relief for those struggling to meet financial obligations. One important step towards making an...
Credit card debt even a problem for some with good credit scores
Many Florida residents and others around the country work hard to maintain strong credit scores. For some, however, credit scores may slip if they struggle with a significant amount of credit card debt. While this is typically the norm for those with significant...
What happens when credit card bills go unpaid
It doesn't take much for a Florida resident to fall behind on his or her financial obligations. A sudden job loss, a blown-out car engine or an unexpected illness can all create an immediate and impactful cash crunch. Knowing how to respond can make a big difference...
Debt consolidation loans good option for some consumers
Many Florida families and others around the nation are dealing with high levels of debt. Some may struggle to make ends meet each month. They often look for ways to improve their financial situation. If there is a manageable amount of debt, one option may be to...
Tackle credit card debt with these 3 strategies
Paying off debt can be struggle for many Florida residents and others around the country. Many individuals carry a significant amount of credit card debt because they are able to pay only the minimum due each month. However, many consumers have goals to significantly...
Home foreclosure level lowest in over a decade
The mortgage crisis that began nearly a decade ago affected many Florida residents and others throughout the country. Many families were concerned that they could not keep mortgage payments current and feared they would lose their homes. However, improvements in the...
Develop a plan to eliminate credit card debt – no matter what age
Many young adults in Florida and around the country are deluged with credit card offers when they graduate from college or start a new job. While many may use them to build up a credit history and pay them off each month, others may quickly find it difficult to...
Is Chapter 7 bankruptcy a good option
For those suffering from ever-increasing financial stress and mounting debt, Chapter 7 bankruptcy can offer substantial relief. However, the law does set out some fairly specific requirements for who can file and what types of debts you can discharge this way. Knowing...
Understanding short sales, pre-foreclosure and home foreclosure
Many Florida residents and others around the country have experienced financial difficulties, particularly stemming from the housing crisis about a decade ago. Families were faced with the possibility of losing their homes. While the economy has improved and the...