Having a considerable amount of debt that only seems to keep getting worse can be daunting for any Florida resident. They may wonder how they can get a handle on their finances while simultaneously accruing more and more credit card debt. Though credit cards can...
Month: December 2017
Rebuilding credit after Chapter 7 bankruptcy is possible
Many Florida residents struggle for a considerable amount of time when it comes to finding the best way to handle their substantial debt. In the end, many people may choose to utilize Chapter 7 bankruptcy in hopes of getting their financial affairs under control....
Mistakes to avoid before filing for bankruptcy in Florida
Filing for bankruptcy can be a difficult process, both emotionally and logistically. Both Chapter 13 and Chapter 7 bankruptcies also tend to require complicated and thoughtful preparation. Knowing some common mistakes to avoid before you begin can help you avoid...
How home ownership may affect credit card debt
Home ownership is a goal for many Florida residents and others throughout the nation. Financial advisers often tout the tax benefits of owning a home as a reason to purchase a residence rather than continuing to rent. However, recent statistics from a financial...
Get a mortgage after filing for Chapter 13 bankruptcy
Many Florida residents and others around the country have experienced financial hardships during the recent economic climate. Some consumers have elected to file for Chapter 13 bankruptcy in efforts to get their finances back under control. Many assume that someone...
Research takes look at recent loan modification efforts
Many Florida residents and others elsewhere in the country experienced financial hardships during the recent housing crisis. While concerns about losing their homes were prevalent during this time, several efforts were made by national government agencies to help...
Reasons why consumers have hefty credit card debt
Florida residents and others around the country often see several benefits from the use of credit cards. The cards are convenient, safer than cash and help individuals establish a credit history. Despite these benefits, consumers often find themselves with an...
Interest rate increase bad news for those with credit card debt
Indications from the Federal Reserve show that interest rates will be increased by the end of 2017. This forecast does not bode well for Florida consumers and others across the country that have credit card debt. The prime rate typically adjusts to the federal funds...
Changes made to Chapter 13 bankruptcy forms, other rules
There have been difficult financial situations for many Florida residents and others around the country in recent years. When consumers have evaluated their options and made the decision to file for Chapter 13 bankruptcy or another type of bankruptcy, they expect the...