Most Florida residents and others around the county often feel somewhat removed from the decisions made by the Federal Reserve. However, a recent action by the nation's central banking system may have a significant impact on many consumers. It was announced that the...
Month: March 2018
Florida bankruptcy and student loans
Many people struggle with student loan repayments in addition to other types of debt. Those considering bankruptcy often want to know whether filing a petition can help with this burden. Generally, both private and federal student loans belong to the category of...
Methods to reduce credit card debt
Many Florida residents and others across the country use credit cards for a variety of reasons. Some use them for large purchases to earn points in reward programs and plan to pay off the balances each month. Others, however, may use the cards to make it from one...
Tax exclusions for loan modification and other debt forgiveness
The recent mortgage crisis was devastating for many Florida residents and others around the country. Homeowners in financial straits often had difficulties making house payments in a timely manner. In many instances, those struggling financially were faced with a...
Wage garnishment may be issued to collect unpaid credit card debt
If any residents in Florida or anywhere around the nation are having difficulty making ends meet, the last thing they need is to have part of their job earnings withheld. However, wage garnishment is a fairly common practice by creditors. Wages are most often...
Credit card debt for the nation at record high
Consumer confidence in the economy appears to be growing in Florida and all around the country. While this appears to be a positive trend, there is one financial indicator that is causing some concern among experts. The country's credit card debt has recently reached...
New federal relief program may stem home foreclosure rate
When natural disasters such as floods, tornadoes and hurricanes occur, it is devastating for families to lose their homes and belongings. In 2017, many Florida residents and others around the country were displaced and unable to work. This resulted in the inability...
How higher credit card debt is likely this year
When the federal funds rate is increased, interest rates rise likewise for consumers in Florida and across the country. An increase like this would affect a variety of financial instruments, including credit cards. For those people who carry credit card debt, the...
Key elements of a chapter 7 bankruptcy for a small business
There are a number of reasons why businesses fall into extensive debt. For those small business owners looking to eliminate such debt and close their business, a Chapter 7 bankruptcy might be a good idea. Considering the magnitude of this...
Consumers waiting on tax refund to file Chapter 7 bankruptcy
Many Florida residents and others around the country are excited to learn that they will be receiving a refund after they submit their tax returns. Financial experts have a litany of suggestions about how people should put their tax returns to good use. However, many...