If you are considering bankruptcy, you have two types of filings available: Chapter 7 and Chapter 13. Each has its pros and cons, as well as specific eligibility requirements. Whether a Chapter 13 will effectively solve your issues can depend on several factors,...
Month: January 2018
Home foreclosure rates decreasing in Florida and nationwide
There have many positive financial improvements in the country following the mortgage crisis. Among them, home foreclosure numbers decreased significantly nationwide over the past year. Florida saw a 45 percent drop in foreclosures filed from 2016 to 2017. However,...
Ways to reduce credit card debt
Many families in Florida and around the country have managed with one income for a period of time, either by choice or necessity. However, there are times when both parents are in the workforce again. An issue then arises on how best to manage an increased income for...
Company took advantage of those seeking loan modification
Many Florida residents and others around the nation were looking for financial relief during the most recent mortgage crisis. Many homeowners hoped to execute a loan modification to ease their financial stress while remaining in their homes. However, a company based...
Is credit card debt the good kind or bad kind of debt?
Financial industry experts have defined what is considered to be a good kind of debt to have. This would involve a debt that could possibly earn money or create value to someone, such as a mortgage or a student loan. An individual with these types of debt has the...
Determine whether or not to file for Chapter 7 bankruptcy
Health insurance costs in Florida and around the country are skyrocketing. In fact, many consumers are forced to be uninsured now because it is difficult to afford the monthly premiums. While premiums are often priced out of reach for many, the alternative is equally...
Save more for retirement by reducing credit card debt
Many of those in the workforce in Florida and throughout the country often dream of the day they can quit their jobs and retire. However, a growing number of employees feel less confident about their future ability to leave the working world someday. In a recent...
Start the new year by tackling credit card debt
Many Florida residents and others around the country often make New Year's Resolutions at the beginning of each year. These resolutions frequently involve financial goals. While some focus on saving more for their retirement or establishing an emergency fund, experts...
Company must pay $45 million for home foreclosure actions
The mortgage crisis that started roughly a decade ago created hardships for many Florida homeowners and others around the nation. Unfortunately, some companies that seemingly appeared to help consumers in their difficult situations created more problems for those...
